The Slopfather

Husband and father 👨‍👩‍👧‍👦 Building onchain at @BlockhashXYZ👨‍💻 Creator of @0xCarve @0xFacet ⛓️ Saved by grace 🙏

[The Slopfather @MichaelHirsch]

I’ll be honest, watching $SLOP and Slonks dump after slop packs open today has been depressing.

I’m giving away over $50k worth of NFTs, and the entire idea behind slop packs was to reward my holders while building a perpetual machine funded by trading fees.

I don’t really understand why that turns into everyone rushing to dump, but it is what it is.

I’m going to keep building, stay focused on season 2, and keep trying to create things that reward the people who actually stick around.

Hopefully over time my commitment attracts more committed holders.

[The Slopfather @MichaelHirsch]

Slonks and $SLOP have already done a lot.

3 Slonks featured in Beeple Everydays
1k+ ETH volume in the first week of Slonks
60%+ of Slonks burned
10%+ of $SLOP burned
Interviewed by OpenSea
Slop Packs collabed with almost every major NFT brand
$50k+ in NFTs given away

and this is still just the beginning

[The Slopfather @MichaelHirsch]

@Yilaiiiii @BlockhashXYZ Yes I can send them to China

[The Slopfather @MichaelHirsch]

Who wants a @BlockhashXYZ hat? I’m going to be sending some more out soon!

[BasedThanos.eth @Maximill15]

New swag. Thanks Slopfather. Proud to rep this one.

[The Slopfather @MichaelHirsch]

@Maximill15 @BlockhashXYZ LFG!

[The Slopfather @MichaelHirsch]

@zjbrenner @BlazeBTC @opensea appreciate you both 🙏

[The Slopfather @MichaelHirsch]

@RealPapii @LucaNetz @pudgypenguins Should I get one too?

[The Slopfather @MichaelHirsch]

@zjbrenner Ayoooo!

[The Slopfather @MichaelHirsch]

If you hold a slonk comment with your wallet address below. I’ll pick 3 winners in 24 hours!

[OpenSea @opensea]

492 beta testers.

thousands of hours of feedback.

OS Mobile and Perps are sharper because of them.

now they choose who comes next.

3 codes each. 1,476 keys in the wild.

go find someone who has one 📱

[The Slopfather @MichaelHirsch]

@caoqiangxing oh it’s in sight

[The Slopfather @MichaelHirsch]

you sell the bottom and i buy the bottom. we are not the same.

[The Slopfather @MichaelHirsch]

@WackyJack131 womp womp

[The Slopfather @MichaelHirsch]

the void could only hold so much.

after too many Slonks entered, it collapsed under its own weight.

all Slonks in the void have now been permanently burned.

what was once recoverable is now gone forever.

rip to the voided.

[The Slopfather @MichaelHirsch]

@wmaustinchapman Thanks!

[The Slopfather @MichaelHirsch]

I’ll be honest, watching $SLOP and Slonks dump after slop packs open today has been depressing.

I’m giving away over $50k worth of NFTs, and the entire idea behind slop packs was to reward my holders while building a perpetual machine funded by trading fees.

I don’t really understand why that turns into everyone rushing to dump, but it is what it is.

I’m going to keep building, stay focused on season 2, and keep trying to create things that reward the people who actually stick around.

Hopefully over time my commitment attracts more committed holders.

[The Slopfather @MichaelHirsch]

over 60% of Slonks have already been burned.

over 10% of $SLOP has already been burned.

Slonks keep burning through merges and void collapses.

$SLOP keeps burning through packs, sloplings, revivals, immortalization, and everything else coming.

eventually this creates supply shock.

and when that happens…

oh boy.

[The Slopfather @MichaelHirsch]

burning doesn’t magically create demand.

but when demand already exists, burns make every future buyer fight over less.

$SLOP burns through real usage.

Slonks burn through merges.

the void just collapsed and erased 600+ Slonks forever.

both sides of the ecosystem are getting tighter while I keep building more reasons to care.

demand plus deflation is where this gets violent.

[The Slopfather @MichaelHirsch]

@Galactoid101 The void is stable again so yes new ones can be recovered

[The Slopfather @MichaelHirsch]

@Galactoid101 The void is stable again so yes new ones can be recovered

[The Slopfather @MichaelHirsch]

@cyphstrain @xavieriturralde You think the demand is zero? It’s not zero

[The Slopfather @MichaelHirsch]

i sense a change in the void again

[The Slopfather @MichaelHirsch]

something is changing in the void

when too many slonks are left there, the void collapses

the ones inside don’t come back

and after each collapse, it gets a little easier for the next one to happen

[The Slopfather @MichaelHirsch]

@zjbrenner @opensea 🙋‍♂️