@Evan_ss6 Absolutely agree on over half to community. Communities are the only real moats. When will founders, VC’s, investors wake up to the idea that owning a smaller percentage of something that has value is better than owning a larger percentage of zero
Agree. This caught me off guard. I was buying it as a mockery of Biden/woke movement. BODEN vs TRUMP turning more into prediction market has been surprising as the TRUMP token clearly plays that role, but BODEN doesn't fit that role imo. Believe that either a token replaces BODEN that is more of a "pro-biden/predictive token" or it finds its place the silly meme it was originaly intended as. I think the lack of meme'ing from BODEN holders is partly to blame here tbh
@jeoing737 As a bag holder, please less political takes and more shit posting. Nobody is buying the token to hear your political ideologies. Let the memes do the talking.
This is a very poor take. Burning man would have never become what it is if there was a financial interest that was bringing people together in the beginning. It's what it is today because of the exact opposite reason of that. People don't understand the fickleness of communities bonded solely for financial reasons.
Rewards for the First Tournament Are Live! 💡
All 13,346 participants get something to claim.
🟡 +80,000 @Blast_L2 GOLD
🟡 Top 6.15% – ranked 1 to 800 – received up to 333 GOLD, distributed exponentially.
🟡 Top 33.8% – ranked 800 to 4,400 – received 5 GOLD each.
🃏 Cards
🃏 Top 0.5% – ranked 67 – received 10 cards each.
🃏 Top 0.5% to 2% – ranked 67 to 265 – received 5 cards each.
✨ FAN Points
✨ All players have been granted FAN points.
✨ FAN points distribution ranged from 15,000 to 250, on an exponential scale.
💫 Stars
💫 Every participant received Stars.
💫 Stars distribution is exponential, from 5,000 to 5 Stars.
Get Ready 🏅
Enhance your deck before the Main Competition begins next week, where you can earn a portion of the 222,222 BLAST GOLD, cards, ETH, Stars, and FAN points rewards.
@jelenaaa____ It's less about stretching. That might provide temporary relief but to address the underlying issues you need to STRENGTHEN your body. Doing the McGill Big 3 is a great start
@lurkaroundfind@mars_protocol While a cool feature, it also costs you up to 300% APR that you're paying right now to receive STRD in 6 months time. So there's quite a bit more risk associated with it on top of depeg risks
Interesting setup with $LAB and @madscientists_x NFT mint near:
- One of most successful Streamswaps in history showing degen demand normally not seen in Cosmos
- NFTs have found a better PMF than mems in Cosmos with Bad Kids and, now, Sloths. Important to highlight that Sloths have 400x'ed off their mint price and the floor currently sits at $5K, a mere 3 days later.
- Osmosis is the most used IBC-enabled chain, as the preeminent liquidity layer of the Cosmos. It has a sticky and active user base, and therefore is incredibly likely that it will have a successful NFT collection. Assuming it will reach a floor price similar to BK and Sloth; that's a 6X from here.
- But it actually benefits from a few massive tailwinds that neither BK nor Sloth have:
1. Only a portion of NFTs will be minted, this artificially limits the amount of NFTs in circulation which should contribute to higher floor prices.
2. If you mint 2 NFTs, you can stake them (taking them out of circulation) on @BackBone_Labs to earn rewards. Also contributing to higher floor prices.
3. Unrevealed NFTs tend to trade above floor price as they have a premium (potential rare mint) baked into them. h/t @aaronyxymplyr. That contributes to higher LAB price.
4. More accessible than NFTs: essentially allows for fractionalization which opens up ownership of the collection to a wider audience which should push up prices.
5. Will benefit from Osmosis' distribution. Stargaze is less intuitive and harder to navigate for many, whereas most in Cosmos (and even outside people from other ecos) have some experience with Osmosis.
Due to all this, I expect LAB to trade much higher over the coming weeks 🚀