Traveler Daily 2024.07.09

Today, let’s mainly talk about the @4xEPIC airdrop event and the changes in everyone’s emotions in the group~

1. Background:

In April, the @bookofblob team bought the first halving block of the Ordinals protocol for 33.3btc, which was also the first satoshi of the Rune Genesis Block.

In May, the Blob team inscribed Blob’s original artwork on the satoshi and used it as the parent inscription to release the EPIC•EPIC•EPIC•EPIC rune. Because the epic satoshi was bought by a friend of the#blobteam and the rune was inscribed by the blob team, everyone generally believes that#epicis highly related to #blob.

2. Emotional development

After the airdrop was completed,#blobholders found that a regular blob only had 22,500 epics, and a grid had 45,000 epics. In total, 23.4% of epics were distributed to #blob, which was quite different from the 30%-50% expected by everyone in the group. Many new holders bought blobs for epic airdrops, so when they did not meet expectations, they started to fud;

3. Exposed problems

The biggest problem is the problem of expectation management. The Chinese area was given a higher airdrop ratio expectation, but in fact, we also said yesterday that#epicwas jointly issued by multiple communities, so there was a difference in the initial investment ratio. In addition, the game between the top communities behind it, @OrdinalMaxiBiz @pepecoineth, and investors eventually formed the final airdrop rules.

4. Whether the value of blob and epic is affected

For #blob, epic is a free gift, and blob is still on the route of art, recursive runes, etc. When there was no epic expectation, the floor was around 0.05. Now it is completely stripped away, and the price should slowly return;

For #epic, it is officially launched, and it depends on whether it can be listed and whether there are market makers to manage the market value.