Have ye crafted the Shackles, Pirates?
This handy attachment unlocks 3 cards that boost your defensive capabilities and help you deal more damage to your opponents.
Which attachment has been your favorite?
🚀 A dive into the value proposition of @CelestineSloths. I've seen many people attacking the value of @CelestineSloths asserting that holders are misguided. Are we?
📌 Let's start by clarifying some things:
🤔 No asset has inherent value as value is a subjective measure agreed upon by groups. This especially applies to forms of money which have no actual value unless people agree or accept that they do. 🤯 🐣
💵 The strong bid depth is irrefutable proof of @CelestineSloths' current value. Any holder can instantly sell their #NFT to the highest bidder, currently 184K $STARS on @StargazeZone. 🔄 #NFA The bid price facilitates instant sales, but #CelestineSloths are easily selling at the floor, currently 200K $STARS. In fact, the only sale at bid price in the last two days was flipped for a quick gain at the floor price within an hour.
- You can disagree and maybe these have no value to you. You're not wrong. If you say they have no value at all either you mean the current value is transient, and you could be correct, or you don't understand the value. 🎭
🏷️ Attributing value to supply and demand seems reductive—almost a cliché. So I'll start by doing that, it's because of supply and demand. Now let's figure out WTF that really means.
📈DEMAND
@CelestineSloths are deeply integrated into $TIA lore. Did you know @CelestiaOrg was originally "LazyLedger"? 🎙️ Creator @zmanian elaborated on the connection in this must-see podcast https://t.co/9vOwJBYJYc by @therollupco.
So what?
👥 @CelestineSloths are a self-selected community of modularity enthusiasts, some of which have paid thousands of dollars to be included. The community 🔗 has essentially volunteered to test, promote, and otherwise support the ecosystem and the sloth resonates with the community viscerally. 🌐 This translates into tangible support for developers who are pioneering new projects within the modular ecosystem, facilitated by enthusiastic community testing and promotion. Developers often invite this kind of help via #airdrop.
Demand has an inherent network effect you may have heard of. It's called FOMO.
📉 SUPPLY
🔍 Let’s do some quick 'fake math' - about 400k $TIA stakers 🥩 were invited to the presale and if just 2% are sufficiently enthusiastic about modularity, and half of those want an #NFT, that already exceeds the supply of 2,500 #CelestineSloths. This is an incredible oversimplification and people come from there, @StargazeZone enthusiasts, early adopters that want to invest in first movers, people following influencers or crowds as the trends start or they hear about in places like @therollupco's #telegram, and tons of other places.
The initial demand based on any measure clearly exceeded the 2500 available #CelestineSloths. After the initial launch you have net new investors looking at the collection trying to make profit while some early investors looking for gains showed their jeet hands. The rise in price attracts new people, and the expectation of #airdrops, even if you don't know where it comes from, attracts more people and more speculation. It might sound like I'm talking about demand, but the two are inextricably linked. The 90% distribution implies a strong and diverse community that has all but saturated the @CelestineSloths market which is itself a network effect that just results in more people wanting to own a sloth.
Maybe "supply and demand" isn't a cliché, when you understand it. 🤷
🎨 Let's take a minute mention how @zmanian and @sadsadstory1984, the artistic 🏅 mastermind, designed the artwork and put the traits together. To be frank, if the collection was inconsistent and full of obvious AI errors people wouldn't be nearly so interested. This isn't a question of whether you like the artwork or if you think any individual piece is "simple". If you look at the set as a whole you see meticulously and consistently crafted traits and #NFTs. Many of the traits and qualities also nod back to $TIA lore. The artwork itself is also very clean and the utility as a PFP only adds to the equation.
So only up, right?
No. 🔒 Initially, the limit of 2,500 sloths enhanced their desirability because of the scarcity. As adoption grows, this number becomes a cap that hinders broader market involvement unless addressed. 🔄 Without something like #CW404 a maximum of only 2,500 #HODLers is ever possible. Imagine instead of the current 2,254 wallets averaging about $5k each, having 400k wallets holding an average of just $250. The numbers are mostly arbitrary and are intended to just make the math simple to illustrate the point: that's almost a 10x increase in market cap.
📜 TL;DR 🚀 Understanding supply and demand despite sounding cliché is crucial to understanding why @CelestineSloths are so valuable.
Announcing our first set of gaming community partners, including Pixelmon, FRWC, Wildcard, InfiniGods, and many more.
In the next few minutes, you'll be able to mint a free Pirate & start collecting BOOTY in your Discord servers 🏴☠️
Referrals are now LIVE! 🤝
- Each referral can earn you up to 40,000 BOOTY Points
- Unlock more referrals as your Command Rank increases
- Earn more BOOTY Points (up to 40k) per referral as they level up in game
Find your referral code in your BOOTY Points dashboard. 🏴☠️
Introducing MON Protocol Partner - BLOCKLORDS
BLOCKLORDS (@BLOCKLORDS) is a medieval grand strategy game where your choices forge history. Will you cultivate the land or unleash chaos? From farming to ruling, use your Heroes to influence a dynamic, player-driven economy. Every decision shapes the world and narrative in this richly interactive realm crafted by the creative minds at MetaKing Studios (@metakingstudios).
More about BLOCKLORDS here: @BLOCKLORDS
🪙GIVEAWAY 2K PGLD🪙@PirateNation
GET YOURSELF A PIRATE HERE: https://t.co/lzJidHojjT
This code has 100 uses☝️
To participate you must:
-Follow @Berna7224
-Like this post
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-Leave a picture of your pirate In the comments!
4 Winners will be announced In 72 hours
Introducing MON Protocol Partner - Legend Of Arcadia
Legend of Arcadia (@LegendofArcadia) is a mobile strategy card game that combines familiar gaming experiences with web3. Players can enjoy immersive pve and pvp game modes, trade composable NFTs, and web3 features such as yield boosting with friends globally.
Built by a team with more than 15+ years of experience from Tencent, Hero Entertainment, and Seasun Studios
More on Legend of Arcadia here: @LegendofArcadia
Introducing MON Protocol Partner - @0xtremeverse
XTREMEVERSE (@0xtremeverse) is a web3 gaming universe with 1.3 million monthly users, backed by Hashed EM.
Follow @0xtremeverse for alpha.
Introducing MON Protocol Partner - Qorbi
Qorbi World (@QorbiWorld) is a free-to-play multi-game ecosystem that bridges esports style gaming with blockchain game rewards and NFT in-game assets.
More about Qorbi World here: @QorbiWorld
Ahoy, mateys!
What a journey it's been, from a free mint all the way to 100,000 followers.
Thank you to all the Pirates that have been with us on this grand voyage into fully onchain gaming and welcome to all the new Pirates joining us!
Keep sailing, Pirates❤️ 🏴☠️
Official Partnership Announcement - Immutable
We are excited to announce that MON Protocol will be the game and IP publishing partner of the Immutable blockchain.
@MONProtocol 🤝 @Immutable
https://t.co/WGmqLwSSew
Immutable is a global leader in gaming on a mission to bring digital ownership to every player by making it safe and easy to build great games with blockchain technology.
More about Immutable here: @Immutable
Introducing MON Protocol Partner - @gguncharted@gguncharted is building crypto’s gamification layer, powered by $U. uRewards is now live with missions for points & @GangsterArena 2 will launch soon.
Find out more at https://t.co/6KZxvTxg0O