Some initial insights from Virtuals Genesis Launch
- The ROI hinges on project selection—your point could be worth $0.3+ per point if you invest in a good project OR <$0.01 if you're in a sub-par one
- Yapping for points remains the easiest and most efficient way to rack up points
- Holding $VIRTUAL and other agent assets just to farm points isn’t worth it—you earn an insignificant amount compared to yapping (unless you’re holding 5-6 figs)
- The example in the spreadsheet shows 100k points invested in a project with 26M points contributed. You get around 0.14% of total supply. If your alloc sells at $4M FDV, that’s a clean 20x return—pretty decent
- This is modeled after the NIYOKO sale, which was over-hyped with too many points flowing into the launch. Turned out okay for participants, but the opportunity cost could be high when multiple quality projects are launching at once (so pick wisely)
- None of the hyped genesis launches have gone below their starting valuation
- Earlier launches had higher upside potential because $VIRTUAL was trading at a lower valuation (ho11yw00d’s starting FDV was just $68K vs. NIYOKO’s $200K thanks to $VIRTUAL price) + there were fewer points contributed (= you got a bigger % allocation)
Note: This is only prelim model, I'm waiting for @virtuals_io / @miratisu_ps to share more data points so I can do more extensive analysis on points valuation
From doing @pendle_fi YT points calculation to @virtuals_io points calculation. We're going back full circle lol.
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