$130k worth of $CAMP for every top yapper at $IP's valuation.
If this happens, we'll definitely see a complete shift in airdrop farming.
no one will touch the chains EVER again, lol.
People will push tweets instead, as the RR is INSANELY BETTER.
Do i think this valuation is a bit high?
• Yes, but nothing is impossible in this market.
✦ Fair Valuation: (imo)
• $150M - $200M (Pessimistic) 🔴
• $250M - $300M (Moderate) 🟡
• $400M - $600M (Optimistic) 🟢
• $1B+ (Euphoric)🌙
FYI: The latest funding round was at $150M, but they've developed a lot since then, and the sentiment has shifted positively towards $CAMP after their recent progress.
Let me know what you think about these numbers. 🫡🤝
*Also check out Andrew's pieces on @campnetworkxyz for a deeper technical understanding of the chain. He's written the best pieces on Camp Network since the beginning.
Remember the comparison table between the two IP networks?
Here's a much more weighted point for @campnetworkxyz lovers:
At the time of writing:
$IP has a FDV of $4.36b, similar to its valuation at the TGE of IP.
By applying this FDV to $CAMP, here's the breakdown:
+ 0.25% of the total CAMP supply would be worth $10.9m.
+ Of this, 0.15% will be rewarded to the Yappers, leaving us with $6.54m.
A crucial point: only the top 50 are rewarded.
The average reward per Yapper could be $6.54m / 50 = $130.8k.
I have reason to believe the rewards will be tiered (like what @splinter0n explained in the image).
Ofc, nothing is certain and nothing is impossible. Everyone has their own dream, huh?
But a new all-time high for BTC doesn't make me more bullish than CAMP.
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