I think this is called temporary inflation. Before @KaitoAI started supporting Virtuals Protocol, the @virtuals_io team manually reviewed tweets through Forms and distributed points accordingly. Yesterday, regardless of the quality of the posts, each post earned a minimum of around 700 points. Many participants (Yappers) earned over 20,000 points. However, from now on, Kaito will automatically evaluate the quality, engagement, and interactions of posts, and points will be distributed differentially based on these metrics. In the upcoming Genesis Launches, there won’t be uncontrolled point distribution like this anymore. That said, due to the tremendous success of recent Virtuals Genesis Launches, many people are feeling FOMO, and we expect even more participants to join next time. Still, it’s almost certain that the point distribution will be less generous than it was this time. Point inflation is inevitable. What’s important is the speed of the inflation. I believe @hananyss_ @ethermage @everythingempt0 Team will handle this.
As predicted, $AXR became the most oversubscribed project with 300M+ points contributed / the most successful launch (76x ROI with token skyrocketed to $17M at launch) Great on paper, but sucks for Genesis Launch participants $AXR Points Value — $0.021 per point (one of the worst). You need 4m points to get full allo Contrast this with $GPTWAI — $0.038 per point if you sold at ATH ($2.7M), $0.23 per point if you sold right now. You need 360k points to get full allo For a clearer picture, you earn around $2k for 100k points spent on $AXR vs you earn around $3.7k for 100k points spent on GPTWAI Investing in Genesis Launch is not just about contributing your point on a project that's hyped w/ a good product and a good team It's about selecting a project that's not as hyped but has a tendency to perform decently well (More of this kind of analysis + how I plan to play the whole Genesis Launch in my latest Substack article "Virgenesis - The Playbook" link in bio for those interested)
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