Purposeful

[Purposeful @purposefulsheng]

Daily spins on the ethereum:0xa0df17b5ac76ababa36e1450e2cbcd18a620c845 gacha machine are up another 35% from the day before, with a 70% increase in just 2 days. I expect this number to keep going up and to the right as new features are added

[Purposeful @purposefulsheng]

So ethereum:0xa0df17b5ac76ababa36e1450e2cbcd18a620c845 is on pace to buy back 100% of its supply in three months

[Adam @Rhynotic]

The protocol has collected 52Ξ in fees since the fee switch was enabled, with 0.3% of the FWA supply being burned and the rest distributed to participants.

2,750 purchases in the last day.

Fake World Assets

[Purposeful @purposefulsheng]

Daily spins on the $FWA gacha machine are creeping up with a 35% increase from the day before and revenues almost doubling after the last update from @token_works

[Purposeful @purposefulsheng]

The hyperliquid of gachas is the coolest thing happened in crypto since 2023

[Purposeful @purposefulsheng]

On another note @Rhynotic please add different tier packs 🙀

[Purposeful @purposefulsheng]

I don’t know if people fully understand that literally every tokenized asset in the world (i.e. gold) can be put into the $FWA gacha machine and on top of that everyone can be the house on such tokenized assets and earn yield on assets that couldn’t before

[Purposeful @purposefulsheng]

Every tokenized RWA added to the protocol, maybe different pools, and some more token-protocol alignment. If I had say something to @Rhynotic Is that people biggest concern is probably alignment and not because of you specifically but because crypto is full of bad actors

[Purposeful @purposefulsheng]

I personally believe $FWA is VERY undervalued and some whales unloading during a moment when PA momentum was very high made people dunk on @Rhynotic. Features I would like to see are tiered packs (so you can spin w less than 150$, which is a big entry bar)

[Purposeful @purposefulsheng]

All of this is with @Rhynotic still having to add new features and maybe tweaking some parameters to make the protocol even more appealing for buyers. $FWA is trading at 0.1x annualized revenues, which is frankly ridicolous and I think Adam adding features will increase revenues

[Purposeful @purposefulsheng]

This shows protocol usage is high even after external buys were opened. No more emissions and 0.5% the $FWA supply already bought back in one day (0.1% burned). On pace to buy back 15% of the supply in one month. And 100% of token supply in 7 months.

[Purposeful @purposefulsheng]

Basically what happened with $fwa is that a couple wallets started aggressively sell on external buys open and killed momentum, so everyone who already didn't like @Rhynotic is dunking on him for PA. On the day after external buys were enabled spins barely dropped

[Purposeful @purposefulsheng]

@osf_rekt @rektdrinks Even in a bear you can still outperform and shine since your company and value capture for the token are not driven by market performance!!! $REKT

[Purposeful @purposefulsheng]

@cyberpunk @playcambria Gl! What chain will be presale held on?

[Purposeful @purposefulsheng]

@osf_rekt Did I miss this somehow? Can’t find the rec

[Purposeful @purposefulsheng]

@cyberpunk Can you tge already i need to buy this thing