I have serious questions about The_Beacon_GG tbh...
I've seen a lot of people talking about it for a few days, as if it was an alpha, an early thing (''Season 1 is coming!'').. But does everyone have a short memory?
They launched end of 2022, it was November or December, I don't remember the exact date. We played a lot, they generated a lot of money thanks to Arbitrum' pre-airdrop hype.
What do they do for 3.5 years? Where did all the money go?
As a reminder:
- We had to pay 40 bucks to buy a character
(It was mandatory to play their game / enter dungeons);
- We bought a lot of them to be able to do dungeons several times every day;
- Items with different rarities were found and sold on secondary market (Trove). They took a lot of money from it thanks to fees;
- Then there were 'Gen-0' pets eggs that were minted, and sold at 4 figures...
_____
Not a free attack. The game was fun and it allowed us to spam a lot of tx on Arbitrum / farm the airdrop.
But the vibes is strange. It seems like they reheat their dish years later, encouraging influencers to share their referal, but what's the reason? Do you really think it's to distribute a super generous airdrop?
I have a serious doubt... It looks like holidays in Dubai are over and they need to fill the fridge again.
Let's see:
- If their 'Free2Play' version allow you to earn enough rewards, it'll be a good bet if you like dungeons games.
It's still free money when playing, no one spits on it.
- But if the 'Pay2Win' is the only way to earn something decent, you'll know that the holiday in Dubai was indeed over.
GM BTW ๐ซก
@EVERYDOTMEME Same scam from damey/bunt launchpad. They rugpull their only runner and didnโt even reach 1 mil mcap. All the build up to be over in 1 day. Well done!
@Yennii56 You'll hit something big that we'll all hold, trust. Don't be cupsey, but constant bidding under creator meta isn't the move. Even traders launching own coins and not trading
the biggest disconnect in memecoins right now is that launchpads are incentivizing devs over traders
I've seen tons of people say they have moved from trading to just creating coins
launchpads want people creating as many tokens as possible since that is their main business model, so now they are focusing on incentives for people who launch tokens rather than the trader
there was a time when there were very few devs, and everyone was a trader which is why so many coins ripped at the beginning of 2024
the skill gap has become so large that many traders have given up on trading
every time a new narrative comes out, there are hundreds of tokens launched and traders have no idea which coin is going to actually run since there is infinite PVP
it's not surprising to see that launchpads want as many coins created as possible, but it creates a very unfriendly trading experience for people who are trying to trade
eventually we are going to hit a point where there will be 100 of the same ticker as people try to farm dev fees, and more traders will give up as it becomes impossible for a coin to run