Bucerox @bucerox
On my way of acquiring 5% of $FWA Joined December 2022-
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@purposefulsheng @DeFiRoshi What most exited me about custom pools is for artists to run their own distribution via a pool. They have full control over the mechanism and messaging to audience, but a big future potential revenue stream to $FWA
$FWA now has multiple levers feeding the same flywheel: • V2 purchase + settlement fees: core protocol activity generates fees that flow toward $FWA buybacks/burns • Custom Pools: every NFT gacha draw generates fees, with a portion accruing back to the protocol • Marketplace trading: 0.5% marketplace fees create another recurring source of $FWA buybacks/burns • FWAIR launches: new collections bring fresh inventory, users and transaction activity into the FWA ecosystem • Strategy launches: 10% of trading fees are used to buy Punks from PunkStrategy and add them to FWA, increasing the inventory that can generate even more protocol activity I can’t think of a better flywheel on Mainnet right now
Love to see it
I won a CryptoPunk for $225 and I still can't believe it. I'd been following FWA since v1 back in July. When v2 rolled out, I watched the ETH backing the first Punk dropping daily. By Saturday it was down to 1 ETH. The odds were getting very favorable, and the math said somebody
Hyperliquid of NFTs You are not bullish enough $FWA This is like HIP-3, but instead of trading, it's bringing fun NFT gaming & distribution to retail focussed apps Creator economy
We think it's time to make some changes to the TokenStrategy platform, tying in FWA even further. Starting tomorrow, anyone will be able to deploy the Strategy for a collection if it doesn't already have one. Here's how it will work:
CryptoPunk #3498 purchased with 1.00 ETH backing ($2,636 USD) by 0x904d...5153 from 0xb924...3ad1 fwa.fun/nft/4492
Insane - someone just got a Cryptopunk worth $79000 (30ETH) for a 227$ spin on FWA Hats of to @token_works on the V2 version. Clearly it's more fun to play and the incentive design for purchasers is well done Bullish $FWA
If 3 Cryptopunks under floor wasn't enough.. Now 30 Argonauts will be deposited against an 0.12 ETH backing (actual value: 0.55ETH on OpenSea). That's 12.9ETH of extra value for spinners! Oh and a new cryptopunk will soon be acquired, 87% on the way there $FWA to $1 is not a meme
A.C.K. has graciously sent us 30 Argonauts to help celebrate the launch of V2 We'll be depositing all of them into the pool at the original mint price shortly
Continuing to bull post $FWA until it’s trading at a fair market value. V2 is cranking
You can literally get a 30 ETH Cryptopunk with a 0.0734 ETH spin right now. Backing at just 1.3ETH, there's multiple 1 ETH+ pulls in the last twelve hours, so this one will likely be in the hands of a new owner very soon Just make sure you don't cash out in $FWA 🤣
Wouldn’t be surprised to see 2-5% of $FWA supply being burned in the next 2 weeks with multiple punks reaching 1 ETH in backing
First day of $FWA V2 and we’re already almost 1% deeper into the burn 🔥 The supply keeps getting tighter.
@ensconnoisseur Nice work, loving the FWA ID profiles and badges
@xoshiLads People are sleeping on the Revenue that V2 is generating. Since DeFiLama is still using V1 numbers defillama.com/protocol/fake-…
$FWA is very undervalued, at just $15M marketcap Few catalysts will bring it to new ATHs swiftly: - V2 spins going exponential with 2 Punks in the pool with backing below floor price. One is 4 ETH, one 13 ETH. With 1 ETH decrease every 12 hrs - Many people not aware that V2 is probably one of the biggest revenue generating protocols in crypto right now, going under the radar as DeFiLama is still using V1 stats - With the increased activity, much $FWA will be bought on the open market, increasing burns - The current mechanism with NFTs close to floor price with oracle is superior to the old V1 and much more fun to play - On top of that, another Cryptopunk will be bought by @token_works soon
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