🔎 Daily Crypto Insights #972

Just received a key update from a team I’ve been tracking and this one’s worth unpacking carefully.

They’ve significantly revised their Title Deed program with substance and clear intent to align value with contribution.

Here’s the breakdown 👇

- From day one, the Deed Sale was meant to grow their ecosystem beyond current traders and LPs , reaching new communities not yet onboarded, and creating broader benefits across the board.

- After receiving vocal feedback from the community, they’ve made the following changes:

Deed supply reduced from 49,999 -> 10,000.

A snapshot was taken at 10:00 AM UTC on August 3.

Anyone who reserved a Deed before that time will receive one as an NFT.

All 10,000 Deeds will be distributed via community campaigns, targeting:

•Top leaderboard contributors

•Content creators

•Ecosystem partners (including a campaign with Wormhole)

Allocation based on contribution.

Deeds will be rewarded for free to all unique wallets that committed to the campaign before the snapshot with rarity tiers based on two factors:

•Contribution amount

•On-chain activity within the ecosystem

Each Deed retains full rights as originally planned:

•Airdrop of $MMT

•Airdrop of veMMT

•Distribution of TGL (Token Generation Lab) tokens

•A placement in the Sui Metropolis City layer

Each campaign will be clearly outlined and announced in the coming weeks.

They’re not rushing anything and that’s the signal.

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