Pinata

Liquid fractionalized CS2 skins on Solana.

[Pinata @pinatadotfun]

"Microstrategy of CS2"

Our CS Holdings just crossed 90k

The flywheel has begun to spin

[Pinata @pinatadotfun]

CS Strategy...

[Pinata @pinatadotfun]

Small update as we continue working on our major revamp

Our holdings portfolio has crossed 100k!

[Pinata @pinatadotfun]

Currently working on a big rebrand

+ new strategy

Hint: we want to become the Microstrategy of CS

Also progress made in the marketing front. Deal with key KOL complete

[Pinata @pinatadotfun]

https://t.co/0HdJpYVcQD

[Pinata @pinatadotfun]

Case tokens for the Chroma, Horizon and Gallery cases are now live on the website!

Easily invest in CS cases by minting case tokens on our website or by buying from the Meteora pool.

10k tokens = 1 case.
Every token is backed by a case we hold in inventory.

Maximum of mint limit of 2.5M tokens per case per user. (We need time to get more of our steam bots running to allow for more minting)

[Pinata @pinatadotfun]

Each case is is tradable for 10k tokens. So lets say the Chroma case goes to 10 bucks. You can burn 10k tokens and get 10 USDC (minus a fee)

On the backend we sell the case on CSFloat/Buff163 to stay delta neutral

[Pinata @pinatadotfun]

Case token implementation is done.

Will be pushed public tomorrow.

Soon investing in CS cases (100-1000x returns in the last decade) will be as easy as buying some tokens on Jup.

There are all backed by our inventory. Can be minted for USDC and burnt. Prices track off chain prices using CSFloat.

[Pinata @pinatadotfun]

@FarisIpm Likely tommorow

[Pinata @pinatadotfun]

We have been awarding normal site users with keys to open on stream while working out deals with the bigger streamers.

If you want keys to open cases on stream DM us!

[Saitama OG @SaitamaFounded]

@pinatadotfun https://t.co/K2qfXRuYT1

[Pinata @pinatadotfun]

https://t.co/aywvV9m2CN
https://t.co/JlULL8Ix1N
https://t.co/Y5Ql2fuz2d

[Pinata @pinatadotfun]

CS2 ETF feature is almsot done.

The first ETF will be entirely focused on cases. Cases have been the best investment in the CS scene in the past 5 years. Going from 1-3 cents to 5-10 dollars.

Our the CS2 Cases ETF will consist of the:
Gallery Case
Snakebite Case
Chroma Case
Horizon Case
Falchion Case

We choose these cases because we believe they are the best investments according to the data.

Sources below >

[Pinata @pinatadotfun]

Give this man some 👀👀👀!

[Pinata @pinatadotfun]

Pinata has switched to a key system. Now every single case opening doesnt need to land a tx on chain. Instead only the key purchase lands on chain.

1) This makes it possible to open cases faster
2) Easier to implement our streamer program
3) Easy to implement key giveaways and other incentive programs

[Pinata @pinatadotfun]

Announcing the Pinata x Pump Streams program

If you are streaming on pump and want to open cases for content hit us up!

[Pinata @pinatadotfun]

Sorry dont 100% understand the question.

But the burn was about 400m tokens so half the dev buy and 40% of the total supply.

This was done so the dev buy could be large to prevent snipers from getting a large % of the float.

But we also didn't want the float to very low, hence half the dev buy was burnt

[Pinata @pinatadotfun]

All vesting contracts:
Team 1 (5% over 12 months)
Team 2 (5% over 12 months)
Marketing (5% over 12 months)
Airdrop (5% over 12 months, split into 4 seasons)
Treasury (20% compeltely locked for 1 year after that vote)

Burn 40%

[Pinata @pinatadotfun]

There is a misconception that case openings are our main feature.

That was simply the first thing we released because seemed to be great demand for it.

Our main feature, still being worked on, is CS2 ETFs giving easy access to a market that has generated bitcoin-like returns