CNC token explainer from Captain & Company – Web3 game revenue share 🧵
Learn about a 3D PVP MMO and its token - what it is, how to collect yield, and how to trade.
Through connections to Captain and Company and Fluffel Bullz, I got connected to the gugo community. They're building a brand and making merch around running and movement. Good people building something good. I recently bought more $GUGO for the #septsprint.
Bitcoin's purpose - allow peer to peer payments without fraud.
Web3 activity now - scams, rugs, and gambling.
Builders - fudded
Ponzis - celebrated
High on communities and unimpeded capital flow to good businesses and causes. My aim - "one who waters will himself be watered."
CNC token valuation explainer 🧵
@capncompany tokens take a percentage of revenue from the game. Let's make some assumptions and calculate its value.
See my pinned post for a quick primer on the token.
My feeling is that a conservative valuation for the token now is closer to the 0.1 to 0.125 cent USD range, which is close to its current trading band. This does not take into account any speculation as to its upside.
I have to give @capncompany a huge shout out like $GUGO their community has been overwhelming supporting @FluffelBullz!
We are looking forward to battling in the @AbstractChain Abstract Seas next month!
We can’t wait for yall to see the in game fluffel bullz wearables!
Bullish is a successful guy launching a cool IP to onboard web2 to web3 via carnivals et al. He may be working with C&C soon. See the About section:
fluffelbullz.world/
100% refund offered for the next 223 mints in Gugo (if you own 25k Gugo) after the 223 sell out. DYOR NFA
CNC token explainer from Captain & Company – Web3 game revenue share 🧵
Learn about a 3D PVP MMO and its token - what it is, how to collect yield, and how to trade.
To earn from the war chest after buying the token, create an account with this ref link and link your wallet. kap.gg/r/2b0353
Enter the game via browser or download at capnco.gg and choose a faction. You are now earning! Claim your prize wheel tickets in the in-game mail when the war is over and spin the wheel to collect your prizes.
Join the discord at discord.com/invite/capncompa… to get updates and learn when wars end for yield collection. The game itself is fun even in an alpha state, so give it a shot. It is continually getting better.
Let me know what I should clarify in the comments. Shout out to @capncompany and @socialsrising for the inspiration to put this out there.
In follow-on posts, I will cover how I value the token and when nodes are worth purchasing.