Last night, Virtuals Protocol launched the first new IRIS on Ethereum, betting 56,226 Points, and ultimately secured 1.86 VIRTUAL, obtaining 16,475.72 IRIS, now valued at approximately 476.88 VIRTUAL, with over 250x returns (special thanks to @MiaX2100 for the research feed 🫡
A brief recap: I've been participating in Virtuals Genesis for three weeks now, spending a total of 26.45 VIRTUAL to participate in 7 new projects, and my current wealth value is 648.12 VIRTUAL, with a return of about ~24x.
Currently, my personal strategy for participating in Virtuals Protocol's new projects is to primarily earn points through zero-cost Yapping, supplemented by staking for DAB points. The former can earn 7.2k points daily, while the latter yields 800-900 points per day. It seems that the Yapping method has a concept of "base points"; even after several days without posting about Virtuals Protocol, points still increase, leaving me and @gm365 puzzled daily 🤥
I will continue to participate in Virtuals new projects as part of my daily routine. The core idea is low cost + high reward, and I hope to discover some good projects through these new launches and subsequent observations. Therefore, I won't invest heavily in trading to earn points and VIRTUAL Staking, nor do I particularly care about the value of the points. If some projects do emerge later, considering increasing my position to buy would be a better option.
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