Quote:
Originally Posted by Sheep86
Fair enough. Thanks buddy!
No problem - an example of a project pretty opposite to aavegotchi in terms of tokenomics is polkamon.
Whereas with aavegotchi the $GHST token functions pretty damn well in terms of being stable enough to trade with (and hence, difficult to use to speculate), the $PMON token is basically the opposite. You can use it to get a polkamon, but the EV is horrendous and basically a rug-pull. Minting the polkamon and selling it on opensea from start to finish is multiple gas transactions, and the chances of randomly getting a rare one are far from aligned with potential resale value (sure, could change I guess). However, the $PMON token gets burned for every opening of a "pack" (getting a polkamon), and if you want to re-try, you can sell back for a fraction immediately and continue with the $PMON burning.
This would imply the price of $PMON will naturally rise, and all you'd need to do is hold the token and bet on people degenning around trying pull rares. However, I would recommend staying away from this one unless you know something I don't; yes the polkamon hype is next-level, but the tokenomics and IDO on uni are really vague/sketchy, and enough of my signals are bearish on this one, despite the positive sentiment, to stay away. Interesting to see though.
I would recommend looking at y.at (url is "y.at") though. Yats are basically emoji-strings serving as a crypto-address, like a .eth or .crypto domain. So your string could be
and that'd just link to whatever you chose. Not really the type of thing to run in and randomly squat, as all the premiums are taken out, but if this clicks with someone, they might see how big it could be. No token, no-nonsense project, some good alpha out there on twitter.