waleswoosh
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Another project has been added to Kaito Rewards, Novastra which is a real-world assets EVM L3.
The rewards distribution is interesting:
0.50% of the total $NOVAS supply will go to leaderboard yappers as usual.
0.25% of the supply goes to the larger Kaito ecosystem, I assume that includes $KAITO stakers and NFT holders.
I think we'll see this 2:1 split more often as Kaito wants to focus on both leaderboard and ecosystem participation.
In this case, $NOVAS will power their RWA ecosystem (such as real estate, metals, IP, etc).
RWAs are a growing sector in crypto, with more adoption of crypto in general I think we'll see a lot more attention and money flowing there.
From a Kaito perspective it's one of the more complex crypto verticals tho, so I think there's a lot of potential for good content from people who actually know what they're talking about when it comes to RWAs and real world usecases.
Worth paying attention to if you’re interested this area of crypto, started today
The rewards distribution is interesting:
0.50% of the total $NOVAS supply will go to leaderboard yappers as usual.
0.25% of the supply goes to the larger Kaito ecosystem, I assume that includes $KAITO stakers and NFT holders.
I think we'll see this 2:1 split more often as Kaito wants to focus on both leaderboard and ecosystem participation.
In this case, $NOVAS will power their RWA ecosystem (such as real estate, metals, IP, etc).
RWAs are a growing sector in crypto, with more adoption of crypto in general I think we'll see a lot more attention and money flowing there.
From a Kaito perspective it's one of the more complex crypto verticals tho, so I think there's a lot of potential for good content from people who actually know what they're talking about when it comes to RWAs and real world usecases.
Worth paying attention to if you’re interested this area of crypto, started today
Most people in this space have more conviction in a coin than in themselves.
Honestly the best thing you can do is invest in yourself, relationships in the space, your own platform etc.
Over time, the returns are 100x greater than any trade you can make.
And it helps you survive not just the days where market is in peak euphoria, but also the downturns.
Of course that’s not done overnight, which is probably why so few people actually do it.
But in my 4 years since I joined crypto full time, this was by far my best investment.
Don't believe "in something", believe in yourself
Honestly the best thing you can do is invest in yourself, relationships in the space, your own platform etc.
Over time, the returns are 100x greater than any trade you can make.
And it helps you survive not just the days where market is in peak euphoria, but also the downturns.
Of course that’s not done overnight, which is probably why so few people actually do it.
But in my 4 years since I joined crypto full time, this was by far my best investment.
Don't believe "in something", believe in yourself
Kaito currently has 57 projects on his pre- and post-TGE leaderboards.
I think this number will continue to rise in the coming months.
Launching with Kaito has become a necessity for most projects from an attention pov.
32 of the 57 projects are pre-TGE.
0.75%+ of the token supply is allocated to Kaito respectively.
17M $KAITO staked, 15.8k unique stakers, 915 $KAITO staked on average.
Kaito Genesis NFTs floor price at 2.8 ETH.
$4.8M USD distributed to holders and stakers directly so far (not including multipliers on yapper airdrops), according to team this gonna be a priority going forward.
Idk but I think people are still underestimating the potential of InfoFi (and the benefits of having exposure) in the next 3-8 months
I think this number will continue to rise in the coming months.
Launching with Kaito has become a necessity for most projects from an attention pov.
32 of the 57 projects are pre-TGE.
0.75%+ of the token supply is allocated to Kaito respectively.
17M $KAITO staked, 15.8k unique stakers, 915 $KAITO staked on average.
Kaito Genesis NFTs floor price at 2.8 ETH.
$4.8M USD distributed to holders and stakers directly so far (not including multipliers on yapper airdrops), according to team this gonna be a priority going forward.
Idk but I think people are still underestimating the potential of InfoFi (and the benefits of having exposure) in the next 3-8 months
It looks like this cycle is giving you a second chance if you didn't make it during the last bull run.
That's great, but please let us not repeat the same mistakes:
1) Don't believe all the exaggerated narratives that people sell you to pump their bags. No more AGI, no more internet capital markets, no more daily runners.
2) Let's not put people on a pedestal again (that didn't end well last time).
3) Celebrities (all of them) are here to max extract money, stop glazing them.
4) Take profits. Early on. If you roundrip once, you can be forgiven. If you roundrip twice, you’re done.
Good luck everyone
That's great, but please let us not repeat the same mistakes:
1) Don't believe all the exaggerated narratives that people sell you to pump their bags. No more AGI, no more internet capital markets, no more daily runners.
2) Let's not put people on a pedestal again (that didn't end well last time).
3) Celebrities (all of them) are here to max extract money, stop glazing them.
4) Take profits. Early on. If you roundrip once, you can be forgiven. If you roundrip twice, you’re done.
Good luck everyone
The market is so bullish even Ordinals are pumping again lmao
Here is how many BTC you could get for 1 CryptoPunk since the beginning of the year:
January: 1.27 BTC
February: 1.18 BTC
March: 0.82 BTC
April: 0.92 BTC
May: 0.81 BTC
Now: 1.08 BTC
ETH floor price moved a bit during this time, but most of the recent move came from the ETH rally from $1,500 USD to $2,500 USD, while floor price was flat or slightly up.
I think that would be the bull case for NFTs in Q2: A bullish ETH price while floor prices are slightly up, so holding NFTs outperforms just holding ETH or staking
January: 1.27 BTC
February: 1.18 BTC
March: 0.82 BTC
April: 0.92 BTC
May: 0.81 BTC
Now: 1.08 BTC
ETH floor price moved a bit during this time, but most of the recent move came from the ETH rally from $1,500 USD to $2,500 USD, while floor price was flat or slightly up.
I think that would be the bull case for NFTs in Q2: A bullish ETH price while floor prices are slightly up, so holding NFTs outperforms just holding ETH or staking
Someone just flipped this Skulls of Luci NFT for $25,000 USD profit in 12 hours:
- The collection had zero listings.
- He made a low offer of 55 WETH.
- Someone accepted it.
- He listed it at 100 ETH and lowered the price by 5-10 ETH every few hours.
- 2 hours after he listed it at 65 ETH, someone bought it.
GG
- The collection had zero listings.
- He made a low offer of 55 WETH.
- Someone accepted it.
- He listed it at 100 ETH and lowered the price by 5-10 ETH every few hours.
- 2 hours after he listed it at 65 ETH, someone bought it.
GG
You can't afford to ignore Abstract at this point.
Quite a few big memecoin runners in the last 24 hours.
NFTs continue to cook.
Games are doing well:
- Abstract Games ended yesterday and had thousands of players.
- Cores by Sugartown launches next week along with their GameFi ecosystem, basically degen gaming/social casino where you can farm XP/$WIN and play for real money.
- OnChain Heroes season 2 could be coming soon.
Worth paying attention to
Quite a few big memecoin runners in the last 24 hours.
NFTs continue to cook.
Games are doing well:
- Abstract Games ended yesterday and had thousands of players.
- Cores by Sugartown launches next week along with their GameFi ecosystem, basically degen gaming/social casino where you can farm XP/$WIN and play for real money.
- OnChain Heroes season 2 could be coming soon.
Worth paying attention to
I'm about to sign off for the day, so last comment lol. I still think Doodles team is a good bet, much like all the other teams that have been building over the past few years. Not every milestone will be perfect, but I know for sure that most of them are here for the long haul and trying to bring value to their community. The dust will settle
Some Doodles holders report to have received double their initial $DOOD airdrop allocation.
Gift for the holders or airdrop error?
Gift for the holders or airdrop error?
Doodles' $DOOD coin enters markets at $80M USD FDV.
Base airdrop per Doodle is worth ~$1,500 USD.
Thoughts?
Base airdrop per Doodle is worth ~$1,500 USD.
Thoughts?
Doodles' $DOOD coin enters markets at $95M USD FDV.
Base airdrop per Doodle is worth ~$1,800 USD.
Thoughts?
Base airdrop per Doodle is worth ~$1,800 USD.
Thoughts?
Wealthy Hypio Babies on Hyperliquid are cooking, up from 150 $HYPE to 240 $HYPE (~$5k USD) floor price.
They also received countless ecosystem airdrops in the last few weeks, worth mid four figures.
Currently go-to pfp project for Hyperliquid, which is one of the most exciting ecosystems at the moment.
They originally minted on Base earlier this year, and holders can bridge them to Hyperliquid.
22,874 $HYPE ($500k USD) trading volume in the last 24 hours
They also received countless ecosystem airdrops in the last few weeks, worth mid four figures.
Currently go-to pfp project for Hyperliquid, which is one of the most exciting ecosystems at the moment.
They originally minted on Base earlier this year, and holders can bridge them to Hyperliquid.
22,874 $HYPE ($500k USD) trading volume in the last 24 hours
Altcoin szn is also NFT szn btw
I did some math this morning and it looks like the market is currently valuing $DOOD at ~$150M USD FDV.
Current Doodles NFT floor price is $6.5k USD. The base allocation per Doodle (zero day staking) is 185,000 $DOOD.
For Pudgy Penguins and Azuki, the floor price on day 1 (post claim) dropped by an average of -58%.
This would imply (everything equal) that the market currently values the 185,000 tokens at $2.9k USD or $0.015 USD per $DOOD token.
If you think $DOOD FDV will be higher then that, then Doodles NFTs could be a good buy here. If you think it’s lower, might make sense to de-risk.
TGE tomorrow.
Thoughts?
Current Doodles NFT floor price is $6.5k USD. The base allocation per Doodle (zero day staking) is 185,000 $DOOD.
For Pudgy Penguins and Azuki, the floor price on day 1 (post claim) dropped by an average of -58%.
This would imply (everything equal) that the market currently values the 185,000 tokens at $2.9k USD or $0.015 USD per $DOOD token.
If you think $DOOD FDV will be higher then that, then Doodles NFTs could be a good buy here. If you think it’s lower, might make sense to de-risk.
TGE tomorrow.
Thoughts?
I did some math this morning and it looks like the market is currently valuing $DOOD at ~$150M FDV.
Current Doodles NFT floor price is $6.5k USD. The base allocation per Doodle (zero day staking) is 185,000 $DOOD.
For Pudgy Penguins and Azuki, the floor price on day 1 (post claim) dropped by an average of -58%.
This would imply (everything equal) that the market currently values the 185,000 tokens at $2.9k USD or $0.15 USD per $DOOD token.
If you think $DOOD FDV will be higher then that, then Doodles NFTs could be a good buy here. If you think it’s lower, might make sense to de-risk.
TGE tomorrow.
Thoughts?
Current Doodles NFT floor price is $6.5k USD. The base allocation per Doodle (zero day staking) is 185,000 $DOOD.
For Pudgy Penguins and Azuki, the floor price on day 1 (post claim) dropped by an average of -58%.
This would imply (everything equal) that the market currently values the 185,000 tokens at $2.9k USD or $0.15 USD per $DOOD token.
If you think $DOOD FDV will be higher then that, then Doodles NFTs could be a good buy here. If you think it’s lower, might make sense to de-risk.
TGE tomorrow.
Thoughts?
Rekt Drinks has just sold out 224,246 cans of their Abstract Apple drink within 40 minutes.
That should put them in the top league of Web3 products. I can't think of many other brands in our space that have managed to sell items on this scale.
Pretty crazy, but it shows what a good product and an active community can do.
The crypto side here is also interesting, both for potential Abstract XP and $REKT, which is up 16% today and now a $60M USD coin.
Did you pick one up?
That should put them in the top league of Web3 products. I can't think of many other brands in our space that have managed to sell items on this scale.
Pretty crazy, but it shows what a good product and an active community can do.
The crypto side here is also interesting, both for potential Abstract XP and $REKT, which is up 16% today and now a $60M USD coin.
Did you pick one up?
Doodles just announced the $DOOD TGE for Friday, May 9th.
Binance listing confirmed
Binance listing confirmed
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