Review of this week’s popular “Golden Dog” projects: INJS, Bitcoin Puppets and SOL XY
Original - Odaily
Author - Asher
Editor - Qin Xiaofeng
This week, whether it is the inscription project or the NFT project, the activity of community discussions has shown a downward trend. But even so, the daily sitting party still has the opportunity to earn good profits through level one, and a golden dog is almost guaranteed to appear every day. Odaily reviews popular market-related projects this week for readers.
INJS: Casting starts again
Image source:Official recommendation
INJS is the first inscription project of the Injective ecosystem. Previously, there was a lot of controversy due to paid casting. The project team finally listened to the opinions of the community and chose to return the paid INJ and start casting again at another date. At 10 pm on January 3, INJS chose to start casting again. The rules for this casting are as follows:
Finished in one go;
The total amount is adjusted to 200,000 pieces, each worth 5,000 INJS;
Free casting.
Due to the high popularity of the INJ public chain and the characteristics of this rule such as no cost, small total amount, and fast play, the communitys popularity has revived. Although there were frequent glitches such as lags during the casting process, in the end it was still within a short period of time. The fight was completed smoothly, and the OTC group outside the venue quickly appeared.
Image source:Official website
According to official news, the secondary market will open within a few days. Currently, OTC trades are priced at $4-6 (as shown below).
OTC Price List
Official Twitter:https://twitter.com/inj_inscription；
Official website:https://injs.ink/。
Bitcoin Puppets: Secondary prices soar
Image source:Official recommendation
In the early morning of the 4th, major Alpha communities have notified community members in advance of the public sale of second-generation Bitcoin Puppets. At that time, the floor price of the first-generation puppets was 0.035 BTC (a total of 777 pieces), and the second-generation puppets were priced at only about $10 (excluding gas fees). The potential profit margins were huge, so community members had high expectations for the second-generation puppets. Full.
After the public sale opened at 6 oclock that day, the casting platform was paralyzed due to excessive traffic. However, the 3,300 NFTs minted by the whitelist at that time had already opened the secondary market, the floor price remained above 0.01 BTC, and addresses continued to purchase. Therefore, even if they were dissatisfied, community members did not give up and refreshed the web page frantically just to grab a share of the public sale as soon as possible.
As time went by, very few lucky users successfully grabbed the opportunity to cast 5 second-generation puppets (at the beginning, a single wallet could cast up to 5 pieces), and entered the payment interface. However, the payment confirmation process is also extremely congested.
At the same time, many community members reported to the project on Discord that the public sale process was unfair. After listening to the opinions of community members, the project team decided to increase the single wallet minting limit from 5 to 1. For addresses that have not received 5 NFTs, the cost of purchasing 4 NFTs will be refunded. In the end, amid chaos, it took more than 5 hours for the second-generation puppet to be sold to the public.
Image source:Inscribenow
Image source:magiceden
In the secondary market, after all second-generation puppets were indexed, there was a massive sell-off, with the lowest floor price hitting below 0.0035 BTC. However, strong buying appeared in the early hours of Friday morning and the price continued to rise, reaching a maximum of 0.027 BTC, with a maximum increase of more than 800%. The current floor price has fallen back to 0.0189 BTC (as shown below).
Image source:magiceden
Official Twitter:https://twitter.com/lepuppeteerfou；
Official website:https://ordpuppetinuundoxxedmillionaires.com/；
Secondary trading market:https://magiceden.io/ordinals/marketplace/bitcoin-puppets。
SOL XY: PVP style land grab
Image source:Official recommendation
A very interesting project appeared in Solana on January 5th: SOL XY, which is a land grabbing game.
To put it simply, there are many pieces of land on a map, and players choose a piece of land to purchase. The initial level of the land is Level 1, and the cost is 0.01 SOL. If other players want to purchase the land again, they need to upgrade it to Level 2 at a cost of 0.02 SOL. Of this amount, 75% of the 0.02 SOL cost goes to the previous owner of the land (i.e. the purchaser who spent 0.01 SOL). By analogy, if other players still want to continue to purchase the land, they need to upgrade it to Level 3 at a cost of 0.04 SOL. Of this amount, 75% of the 0.04 SOL cost goes to the previous owner of the land (i.e., the purchaser who spent 0.02 SOL). If a player is willing to continue to purchase this piece of land, he or she needs to continue to upgrade the land and pay a more expensive price. The specific level price list is as shown below.
Map level price chart
In addition to 75% of each sale of land going to the previous owner of the land, other allocations are as follows:
15% - Ministry of Finance
5% - Referrer (if there is no referrer, this 5% will be added to the Treasury)
5% - Team
This project is a game with obvious gaming attributes. Although the website is stuck, it still attracts many players to participate. In about half an hour, all the lands have been unlocked to Level 1, and some central lands have even been unlocked to Level 7 (as shown in the picture below).
Image source:Official recommendation
In general, this project is a PVP-style land grabbing game, and players are speculating that there will be latecomers taking over the land they purchased. Therefore, the closer the land is to the center, the easier it is to attract attention, and the higher the probability that the price will rise. When FOMO was at its strongest, the central land was even unlocked to Level 15 (as shown below).
Image source:Official recommendation
This type of gambling game is worth participating in if it is very popular. However, at this stage, the cost of purchasing land in central areas is already very high. If you still want to participate, it is recommended that you do thorough research before purchasing.
Official Twitter:https://twitter.com/solxy_game；
Official website:https://solxy.ai/。
Overview
Generally speaking, the current first-level market is relatively deserted, but golden dogs still occur every day, and golden dogs projects mostly appear from the evening to the next morning (especially early morning). For domestic players, Not friendly.
Finally, Odaily reminds investors that the inscription market is highly volatile and they must conduct sufficient research before investing.
