While retail sells the dip, institutional wallets are accumulating like they're stocking a doomsday bunker. They know something, or they just really like a discount.
💎The Birth of Diamond Hooves: A Must Read If You Plan to Mint a Stable on December 11th. 🎁👇
🆘Two years ago (2022), a group of community members and artists reached out to me (@SPEECHMOOR ) to help turn their project around after their former founder rugged his community. You might know that project as Filthy Rich Horses (FRH).
📑At that time, I was running the Great Ape Debate, newly married, in the first year of my Applied Microeconomics PhD, and had very little time to commit. But, I also had aspirations of creating my own web3 business and thought this was an incredible opportunity to build something special within this Cardano community. I pitched my vision of a circular economy powered by track-and-field races with a deflationary token at the heart of the ecosystem—an ecosystem that would speak to various types of investors, gamers, passive players, and collectors—and shortly after, I joined the team as the project lead.
🫂A few months later, @VincentRijken86 joined the team as a moderator. His oldest child was a bit older than one, he was preparing for another child on the way, but he still showed up every single day to help turn this project around. It wasn’t long before we offered him a founder role, and in just a matter of months, we leveraged every connection we had to take FRH from 8 ADA to almost 200 ADA. We even landed a deal with the Ape Society's incubator, The Factory, and everything seemed like it was on the right track (pun intended).
🥊But behind the scenes, the team was divided. We had two schools of thought: some wanted to keep doing things exactly as they were, while I and a few others wanted to move forward with a new vision. We wanted innovation and a new brand, while some of the team wanted to continue in the old direction. We knew we needed to pivot the art in a different direction with a new collection of horses that personified athletes and allowed us to expand into an IP and entertainment brand.
⏸️We compromised on new 3D stables and opened up our stable mint 09/14/2023. We managed to mint 2,000 stables during the 2023 bear cycle, and while we didn’t sell out, the first phase of the stable mint allowed us to bring on an additional artist. Ultimately, we parted ways with team members who did not align with this new vision.
🤝At this point, our team solely consisted of Vince, Arpo, and I. We stayed up day and night for months, working toward creating and finalizing our new collection, Diamond Hooves 💎, and on 02/29/2024, we sold out our genesis horses. 3⃣Just three ragtag bandits, never-say-diers, and a community that never stopped supporting us (we f*cking love you guys). We persevered, overcoming obstacle after obstacle, bear cycle after bear cycle, completing milestone after milestone.
🏆It wasn’t an inflated roster of founders, incubators, influencers, or KOLs. It was just Vince, Arpo, and I. We’ve invested every penny from the first phase of the stable mint, and even our own money, back into this project. We built a new website, hired developers, enabled staking, created new art, attended several conferences, introduced Diamond Paper 2.0, created new stables with expanded utility, landed 20+ strategic partnerships, expanded the team with a critically acclaimed game producer, a sound designer, artists, moderators, a partnerships manager, and even connected with an incredible game development team that is about to complete the first draft of our races. To top it all off, we’ve worked this entire time for FREE 👼
🙌And now we’re back to ask for your support because we believe our vision is truly something special. We’re getting very close to finishing our first draft of this unique spin on a track-and-field ecosystem. But to bring this to life, we need your support in our upcoming stable mint.
🏘️Stables serve as your headquarters within our universe and provide essential benefits for mining $DMND 💎, our token. In fact, our races can only be accessed through stables, and stable owners can rent their capacity and take a cut of their renters’ emissions of $DMND. $DMND deflates with every race, every breeding, every upgrade—almost EVERY single action in our ecosystem deflates our token.
⚒️On December 11th, we’re going to open up the remainder of the stable mint. We plan to use 50% of the mint funds to build a portfolio of miners and computing resources that will fund our race purses, 25% will go to game development, and the remaining 25% will help us launch our token on the T-minus One Launchpad in February.
🎉If you’ve made it this far, bravo—they don’t call me Speechmoor for nothing.
👊To claim a WL, just interact with this post, and the team will DM you instructions. We hope you join the Diamond Hooves family and mint with us on December 11th! Thank you for your support and LFGallop! 🏇💨
🎁🎁P.S. We’re giving away two free mints. To enter, help us get this message out by Liking 🩷, Retweeting ♻️, and ⚡️Tagging some friends.
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