@AlexPaz0X@VictorTopDefiG@ProprXYZ Hmmm makes sense - thanks! That probably attributed to the drop in points as well this week, but realistically I trust that the team knows the best time to TGE, like Lou always says, not too early but not too late - and this coinciding with macro bottom for crypto in aug/sept
@AlexPaz0X@VictorTopDefiG@ProprXYZ Yo Alex, in your opinion, are you any less bullish on Propr than before? I see that quite a few people have stopped talking about them in general, including Victor above. Do you think TGE will fall short of expectations, especially since HyperEVM projects tend to underperform?
@Pasta_Capital@Perp2Mars@ProprXYZ@variational_io@extendedapp@HyperliquidX Hey Pasta, thanks for referring me to propr, but are you not concerned about the trajectory of points so far? At this rate, it seems to be going into your most conservative case of 100m by TGE, and that's assuming they don't delay it, making it quite a bad r/r farm already atp?
@cryptoSURAWP@AlexPaz0X@ProprXYZ Hey man, what do you foresee eac point to be worth then? I thought it was delusional at first, but I can actually see that happening (and even more) even with the amount of points now and projected, and proprs adjusted valuation from 17.5 FDV from seed given their current metrics
@GrochevIva22174@AlexPaz0X@ProprXYZ What I'd like for a nice surprise is that:
- Allocations to users somehow increases to >20% on TGE
- Earlier users have a multiplier effect on points
But I have a bad feeling it'll be opposite, at least for the 1st point, especially if they are doing further rounds of funding..
@GrochevIva22174@AlexPaz0X@ProprXYZ My view is that if they can meaningfully drive up revenue growth, im optimistic that propr can command a respectable premium to their valuations, given that they alr have pmf in a new vertical, that it can offset the points dilution, assuming they dont delay TGE to like Oct/Nov
@GrochevIva22174@AlexPaz0X@ProprXYZ Based on his responses on the interviews. If the pushback is justified by raising the valuations of propr by multiples via raises, id gladly wait a slightly longer timeframe, especially if the points start to decay even more
@GrochevIva22174@AlexPaz0X@ProprXYZ That being said, I do expect them to push back TGE given some unforeseen circumstances right now on the infra issues and pushbacks to their new growth levers. Unfortunate, but I remain optimistic that Lou understands TGE shouldnt be postponed too late...
@DipWheeler Ayo Dip, am one of the OG largest testicle holders since Jan, and have been buying and holding alongside you and fartman on fomo. Would appreciate it if I could get an airdrop for having held our fking balls alongside you brother
ethuWdnPxqmwFskE4EpN18qdjzfCM79kALftiAGDw8Z
I didnt get a chance to use your fomo code bro, but i hope to have a chance to sack tf up even more with the airdrop, after all the shit we've been through as $testicle holders
@DipWheeler Hey Dip, I'm one of the OG largest testicle holders since Jan, and have been holding alongside you and fartman on fomo. Would appreciate it if I could get an airdrop for having held our fking balls alongside you brother
ethuWdnPxqmwFskE4EpN18qdjzfCM79kALftiAGDw8Z
@caapitalis@Cbb0fe@ProprXYZ Hahaha he actually did consider farming this, but found out lou was french and decided not to farm, which's a blessing in disguise 🤣
@caapitalis@Cbb0fe@ProprXYZ You can probably tell im a small fish, which is why im so particular about dilution, esp in a project like this in new vertical, where shrimps like me get a chance to make outsized gains from airdrop. Not saying to curb growth, but ideally growth should be steady and sustainable
@caapitalis@Cbb0fe@ProprXYZ I believe that 95% of the users are here just for farming the airdrop. But a fantastic airdrop and hyperliquid-aligned tokenomics would arguably bring much more visibility and growth to the project too as well as user stickiness, which is a win win for all parties involved haha
@blknoiz06 https://t.co/9EZaj7H4KZ Hey Ansem, would really appreciate the airdrop to pay for part of my school fees and medical bills. I can't lie that I'm desperate for this as are many others due to the bear market, but I figured no harm trying! Thanks so much in advance if I get picked:)
there's enough good tokens that exist already, but sure i will airdrop portions of the creator fees that have been directed to my pump fun profile
retweet this + follow me on there + comment with your pump profile & ill pick randomly weekly
https://t.co/76P6JvAOay
@GrochevIva22174@louisregis@LekimXBT@ProprXYZ Personally, I dont think the decay function became steeper/as aggressive as it should be (or that the difference looks quite negligible). The true stress test like you've mentioned, would mainly be the 2x points events. Discounted codes dont really seem to move the needle for now
@GrochevIva22174@louisregis@LekimXBT@ProprXYZ While I really respect Lou and the team's dedication to exponentially grow @ProprXYZ , I think we unfortunately need to steel ourselves for very different expectations on anything surrounding TGE (tokenomics, TGE date etc), unlike what was specified during the seed round