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r/Cryptocurrency is the biggest crypto community on the internet
Getting crypto, something in return for your contributions is huge step forward in contrast to other social apps
Vitalik talked about concept of giving out crypto based on upvotes 10 years ago here on Reddit
Moons are developed by reddit and reddit is frontrunning web3 with community points project and Avatars
Reddit has been growing greatly past years and have IPO incoming. It's anonymity will be a big selling point as more people get tired of Facebook, Instagram, Twitter etc
Social tokens can be a game changer regarding how we see and use social apps, Moons are BTC of social tokens
Subreddits can be very powerful when united on an idea and a thing, we saw this with GME
Moons have meme-able name and a great ticker and logo
Moons going to $1 would garner attention and people sharing stories of making money from posting on reddit and buying bike, car, making down payments, and people would FOMO into the sub bringing down the moons ratio and making moons harder to get and thus more valuable
Moons going viral would put it on the map as one of the most famous world cryptocurrencies and people would only need decent internet connection to earn it and enter the ecosystem. And most people nowadays use smartphones and extend their identity through it to the internet through daily constant use
As time goes Moons ecosystem will grow and new use cases will be created, reddit is developing NFT marketplace. Maybe buying Avatars with Moons will be a thing?
Sometimes craziest things happen and those crazy enough to believe it profit the most. If I told anyone in 2011 that BTC will hit $69k in 2021, I'd be slapped across the face and be called a madman
Moons are the best asymetrical bet for speculators, such small mcap and such big potential
Moons have yet to be listed on biggest exchanges like Binance, Kraken, Crypto. com... and they are all aware of Moons
Kraken already has a page on Moons for some time, always active here in the community
CZ in ama said he likes the idea of Moons
Even though their main use case is governance, Moons have changed lives of people in 3rd world countries and others going through rough patch
Moons mcap is only $10m. There is little if any, legit projects which such small mcap.
If r/CryptoCurrency Moons had SafeMoon's market cap of $213.8M, 1 MOON would be worth $2.01, an upside of 19x. Now that's Safemoon mcap in bear market. Moons can go much higher surely.
If r/CryptoCurrency Moons had Shiba Inu's market cap of $7.5B, 1 MOON would be worth $70.13, an upside of 711x
Hold you butts this is where it gets wild: If r/CryptoCurrency Moons had Shiba Inu's ATH market cap of $40B, 1 MOON would be worth $400$, an upside of 4000x
Last bullrun most legit projects had like bottom mcap of 300m, next bullrun that will be higher and Moons are a legit project. Next bullrun can be bigger than we can think of, after all this fear, war, uncertainty, inflation, covid.. The market recovery after will melt faces, skulls, bones and leave our dust be carried by the wind of running bulls
There is a great chance that reddit will play a huge role in the next bullrun, as a huge company who already set foot into it during the bear, and is betting heavily on it, already making waves across the cryptoverse
- Moons decay is 2.5%, each round Moons get tine bit scarcer. Number of Moons distributed to users falling will start to be noticeable in time. Their number will drop until they reach small %1 yearly inflation. Which is good also because so many Moons are already lost forever, and reaching original 250m max cap will take a long time, if not decades, and this ensures some Moons are distributed to new users
By the time we enter next bullrun, their number will fall well below $1m per round and if we vote in faster decay rate as suggested in r/cc meta, much much lower
Number of people competing to earn Moons will grow as number of Moons distributed to users fall
Finally, we as a community can see into and seize power from putting value in our time, contribution and making a safe investing environment. This sub can be a great source of information and Moons can and will be HUGE!
This distribution of Moons has been finalized, and Moons are being delivered to users with a registered Vault. Users who do not have a Vault yet will get their Moons when they create one through the Reddit app.
This distribution is based on karma earned from 2022-09-28 to 2022-10-25. Here is the finalized list, with contribution scores signed by Reddit.
Moons are r/CryptoCurrency's form of Community Points, a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community.
Moons have been doing pretty great lately given that we are knees deep in the bear market. With now being listed on 3 CEXs, MEXC, Gate io and Bitget there is more liquidity and selling is easier as is buying.
It's nice to see that most people are holding and using them for their main use case, voting on governance. Now that is Moons week it's good reminder to join r/CryptoCurrencyMeta and submit polls and brainstorm ideas.
Given that Moons have only have $11m mcap and it's the bear market, with future big exchanges listings, reddit developing NFT market place and possibly integrating Moons which would be great way to encapsulate the reddit crypto ecosystem, next bullrun and future market growth. Bottom mcap for legit projects could be well above last bullrun's $300m
If Moons had Shiba Inu's market cap of $5.4B, 1 MOON would be worth $50.42, an upside of 484x
So if Moons had 1/10 of Shiba Inu's bear market mcap, 1 MOON would be worth $5
We've seen crazier things in crypto, so Moons one day being worth upward of $1 is not that crazy to daydream about, so at what point would you think about selling yours, what would you buy with the money made from your shitposting/contributions?
Hello everyone and welcome to Moon Week for round 33 of Moons! For more information about Moons, please see our wiki page here or the Community Points page by the admins here.
Moon Week began yesterday with the snapshot post by the admins. The ratio is at least 0.4271 and you can check out the post and comments to see an estimate of how many moons you'll be getting next Wednesday at the end of Moon Week.
To give exposure to our governance polls for the month, this Moon Week post will remain pinned to the top of the subreddit until the distribution post next Wednesday. Please review the following important information first::
- If you can't see polls or vote, or have any other issue, try again later or from a different platform (different browser, app, mobile, or desktop). These glitches usually resolve themselves within a few hours, but let us know if it hasn't after a day or two.
- You can't change your vote so make sure you read the full post and discussions, and ask any questions you have before you vote. There are people wishing they voted differently every month and you have several days to vote so there is no need to rush it.
- CCIP-006 implemented a 5% bonus for voting in at least 1 poll, plus an additional 1.25% for each additional governance poll was implemented by CCIP-014
- You will also get a special badge for a week after voting in a governance poll. These are visible in the reddit app and new.reddit on desktop. If you have voted and yours is not showing, you may need to enable it manually by clicking your badges and looking at the Achievements tab.
- Successful polls are implemented whenever the mods or admins have a chance to do it. Usually this is within days or weeks of the poll passing, but depends on workload, priorities, and complexity of implementation
A Few Important Notes First:
- The Moons Testnet to Arbitrum Nova bridge will shut down next week! If you have Moons outside of your vault, please remember to migrate any old moons you may have on testnet vaults/onchain addresses before next week
- As you may notice, CCIP-024 is running again. Users are welcome to rerun polls or ideas they liked that were not successful, especially from the time when governance was effectively gridlocked
- We have had many requests for notifications about new governance items, so we are adding CCIPs and Moon Weeks to the Governance Collection now. If you follow this Collection, you will get a reddit notification when new posts are added. You can do this from new.reddit on desktop or the official mobile app.
Here's your poll(s) for this round of Moons. You can view the full CCIP list here.
- CCIP-024 - Let authors self-exclude their content from receiving moon rewards
- CCIP-045 - Implement character requirement for parent comments in SERIOUS discussions
Thank you for reading, happy voting, and happy Thanksgiving for our USA readers!
I noticed many people bring up certain points as a bearish case for Moons and other part of people are endlessly bullish. I tried to make this post to amend both sides and bring in some perspective into Moons that might help us forward and tried to look at matter through eyes of both sides and that even when bringing up bearish points not everything is black and white.
1. Moons are centralized
Moons are centralized, top 20 holders hold around 10m Moons out of 106m circulating Moons
Reddit can at any point discount them and pull the plug but that seems highly unlikely. Reddit can change distribution rules as we've seen before and polls can be veto-ed
pros: Reddit is one of the biggest social networks and gives legitimacy to the project
cons: Reddit can pull the plug on the project and top holders can dump their huge bags on the market at any point
2. Moons no longer have hard cap of 250m
Reddit has shown that they can change terms on which Moons are distributed. New distribution rule states that number of Moons distributed to users will decrease by 2.5% each round until Moons reach a steady inflation of %1 Yearly. It is hard to calculate when exactly will this happen, but probably in a decade.
pros: This insures that distribution continues even at the tail end of distribution given that Moons main use case is governance. The said 1% yearly inflation once reached is actually not a lot and since so many Moons since start are lost, even with this 1% yearly inflation it will take many years to reach the original 250m
cons: This affects perceived scarcity of Moons
3. Monetization of and introduction of Moons made the quality of the sub drops
As someone who's been using reddit for a long time and been here when this sub when was made I can say that quality of reddit as a whole dropped with huge influx of users across the entirety of the platform over the past years.
pros: It got many people to stop lurking and start being active and earning Moons and get something in return for their contributions. Which is ahead of any social app that only makes money on users.
cons: Shitposting got worse and some people started identifying as Moons farming degenerates
4. Moons are shilled inside this sub constantly
Moons like BTC are common unifier for us. No matter which coin or project is our favorite, we all hold Moons. And after recently voted proposal to exclude small karma earners who don't have their vault open. We can see that 90% of active users have their vault open and earns Moons.
pros: Creates a self fulfilling prophecy and will help and make Moons moon. Getting in more and more people into Moons create a huge flock of people spreading the word about the project.
cons: Shilling is bad in it's nature and can make us overlook some important points
5. Moons are helping make echo chamber worse
Reddit is notorious for creating echo chambers and drowning out opposing opinions. Monetization of posts leads people to posting more things others will agree with.
6. Moons have no clear roadmap
Moons have no real roadmap and we get no feedback from Reddit. Changes are dropped out of the blue. Mainnet, CEX listing and any changes.
pros: Developers can work in silence, project isn't living on hype and promises
cons: Communication is important and Reddit don't reach out to get feedback from users
7. Moons got people to make up stories just so to get Moons and is hard to distinguish real ones from fake
This is a common one, there used to be a problem with self stories, now it's sharing some improbable events
8. Moons have little or no real world use cases?
Often people mention this which I don't agree with. Moons main use case is governance and voting on polls. There is also a lot of potential ones in the future besides governance and tipping like renting banner or potentially integrating Moons with future reddit NFT marketplace.
pros: Moons have a real use case even if it's tied to voting on an internet forum (biggest crypto forum on the internet) which is more than many projects out there
cons: Maybe people outside reddit won't care much about this use case and whales can flip votes pretty easily if they would stick together
9. Moons are a bad social experiment
pros: It could be said they are a social experiment, but I would not classify it as bad at all. They are slowly but steadily forming their own small ecosystem and with reddit potentially integrating it with it's NFT marketplace, could become a part of something bigger. If successful they can change the way people see and use social apps.
cons: Do moons change how people upvote, act and post here? Yes.
10. Moons make people dream of getting rich and exchanging it all to FIAT
This is obviously not ideal since Moons are a governance token and crypto should be what we think the future holds for the world. Not much of a revolution if we revert to the system we are trying to escape from.
pros: keeps people hopium levels high enough to keep them engaged
cons: can get everyone carried away way too much and set unrealistic expectations
All in all I am some who is very bullish on Moons but I wanted to shed some light that things are not black and white even when building up bearish case for Moons there is a silver lining in it but also some pretty valid and important points are being made.
IF YOU HOLD YOUR MOONS IN THE VAULT YOU CAN IGNORE THIS MESSAGE
The admins have confirmed that the bridge from the L2 testnet to Arbitrum Nova will be shut down by the end of next week. If you’ve been holding off on bridging to Nova please be sure to bridge ASAP. Currently there are ~5.2 million Moons that have yet to be bridged and these Moons are presumed to be inaccessible after the bridge is shut down.
If you need assistance bridging please read through this post or send me a chat request/PM. I am able to submit the claim transaction for unsuccessful or pending bridges so please feel free to reach out if you have any issues. You will need ETH on Nova to complete the bridge and if you don’t have any I will gladly send you enough to do so.
To clarify again if you have your Moons in the vault then they are already on the Nova network and do not need to be bridged. If you hold Moons outside the vault and you’re unsure if they are on Nova or not then you can lookup your address in the Nova explorer here. If your Moons are on Nova then your balance will display in the block explorer
You can now replace your long MOON address with a simple name like brian.crypto or brenda.x
How it works:
After you mint your domain, go to “manage�, “Add cryptocurrency addresses�, search for MOON, paste your MOON address and confirm changes.
Now, if you want to transfer MOONs to that address, simply type your domain in the supported wallet’s recipient field and click send! You can try this today with Math wallet:
Unfortunately, besides Math wallet not many wallets support MOONs as of yet, but I’m sure this will change in the future!
If you have questions, let me know. Have a great day all.
Moons are officially supported on BitKeep wallet! Huraay!
Hello everyone, I am very happy to join you in this AMA, to share with you the development of BitKeep, and introduce BitKeep products and services.
BitKeep is the single largest Web3.0 multi-chain crypto wallet in Asia. Thanks to its safety, ease of use, and inclusiveness, it is a long-favored solution for more than 6 million global users from across 168 countries.
BitKeep is now the wallet partner of the world's top 30 mainnets such as Ethereum, Polygon, Solana, and BSC.Integrating 5 major modules of "Wallet", "Swap", "NFT Market", "DApp" and "Discover", BitKeep supports 75+ mainnets, 15,000+ DApp, 1,000,000+ NFT and 250,000+ tokens. It also boasts popular features including DEX price chart, InstantGas Swap, and NFT Trading Dividends. It’s the vision of BitKeep to provide the safest and most convenient one-stop service for global crypto investors.
Please download and BtiKeep App or Chrome extension on https://bitkeep.com/.
We have launched NFT Market on our website recently. And there’s a trading reward program now. Don’t miss it. Check here for more info: https://blog.bitkeep.com/en/?p=2562
We have also launched a referral program for BitKeep Business, our open platform for Web3.0 project. You are all invited to be BitKeep Referrer and earn commission.
Check here for more info: https://blog.bitkeep.com/en/?p=2327
You can also follow us and contact us through the following social media:
Twitter | Telegram | SoulMeta Discord | YouTube | Facebook | Instagram
Now please feel free to ask me anything. Jay will be here answering questions at 1:30pm UTC for around an hour. Please feel free to submit your questions in advance. We'll do our best to get to as many of them as possible and to cover a diverse range of topics.
The title says it all, it's forsure not the worst day of the month because the day of the Moon distribution is here!
To celebrate today I got some interesting things to know about our Moons.
Moons holders are under represented:
Only ~3.2% of the members has a vault here on this sub. On this subreddit we have ~5.65 million members.  The current amount of Moon adresses is: 180.773 Here is the link of the amount of adresses link.
When you have a vault, you are eligible to earn and receive Moons.
If you didn't have yet, you can open one here.
Burned and lost Moons:
With Bitcoin, it is claimed that about 3 million BTC is lost forever thanks to lost wallets or lost passphrases.
When you comment here on r/CC you earn karma, and with that karma you get Moons every cycle.
The same actually applies with Moons, now I don't know how much is lost (atleast a couple million), alot of people didn't make a vault
in the beginning when Moons got introduced, people just forgot their passphrases to their Reddit vault.
Some bonus dream hopium for you:
If we calculate the scarcity of Moons compared to Bitcoin, approx. 12 Moons would be 1 BTC.
(250.000.000 Moons / 21.000.000 Bitcoin = 11,9 Moons) With the current Bitcoin marketcap, 1 Moon would be worth approx. $1,568 Dollars.
Now we know this is really unrealistic, unless something very unexpected happens.
Let's try it again but with a little more realistic marketcap of a top 100 project. But also with the current amount of Moons in circulation (104.253.548).
With a top 100 project marketcap of $343 million, 1 Moon would be worth approx. $3.29
This is realistic by the next bull run in my honest opinion.
TLDR: Enjoy Moonday!
Hi, So inflation keeps creeping up and everything is going up. I am also now engaged and need to find more ways of making passive income on the side apart from my job and some staking such as Zilliqa and VVS (Cro network).
What do you guys do to make passive income on the side related to crypto-currency? What would your advice be for someone who started investing in crypto since late 2020. I buy and stake but everything keeps going down, so yeah.. I am hoping to mortgage a house by late 2023 as I have some savings on the side.
Hoping to get some good advice from the pros out there!
Thanks lads :)
These days it's airdrop overkill. Frankly I'm not going to spend gas on collecting a few $ worth of some token that will get dumped immediately (Looking at BOBA and OP).
Currently there's a lot going on with ATOM (and OSMO). When it comes to interesting tech and potentially viable projects, I'm looking at ZK synch, Layer Zero, Maxx Finance and SUI. I missed APTOS and not gonna bother jumping through hoops to get another potential airdrop from them.
What airdrops are you looking at and what's the best strategy to position yourself? Thanks!
What are your plans with Reddit moons? As of right now me personally I’m just planning on holding at least until next bull run. I haven’t really followed any of the metrics with Moons so I’m unsure what it’s really capable of in the next bull run.
Buying/ selling and moving them around seems to be quite a task which I haven’t dabbled with yet. Hopefully it’s easier to use once they hit exchanges.
Im curious to get your thoughts if you ever think they’ll be worth a good bit in the future. Would like to hear your thoughts on metrics as well. Thanks!
*Heavy dose of Moon hopium incoming*
So recently I had this post pop up on my Linkedin:
The moon conversation is beginning to pop up on social media.
It's beginning.
They're even starting to talk about Moonfarming in the news...
Remember what happened when social media picked up on Reddit NFTs?
It started to pop up everywhere. Then when all that hype pushed sales of the second round of NFTs, we had a second round of stories about how Reddit NFTs became the so much of the volume on Openseas.
But something much bigger is brewing with moons and Reddit.
If you look at that Linkedin article, it's talking about how Reddit wants to build a web 3.0 social media platform.
NFTs and using cryptocurrency for community points, are actually part of a bigger plan for Reddit.
Recently Reddit has stepped up on its experiment with interactive tools. On top of RCP and NFTs, it's also been experimenting with everything from RPAN, Livechat, to betting tools.
It might have even experimented with interactive community gaming again by bringing back r/Place.
Reddit's plans may go further than that. Is it planning on building its own metaverse, and try to succeed where Facebook has failed?
Why is Reddit pushing for web 3.0 and potentially a metaverse?
For those who may not know, Reddit has filed for an IPO, meaning they want to go public as a company.
This is where it's important to build a high valuation, and a lot of interest.
They're not gonna achieve that by just doing business as usual.
They need to show that they are the social media platform of the future.
What better way to show that than by pushing for a web 3.0 social platform.
And what better way to show that, than by offering many key solutions to the age old problems of social media, like finding a way to incentivize participation and engagement, finding a way to reward content creators without relying on sponsorship, reward its mods who currently work for free, and push more people on its platform.
Reddit has figured out the answer to all that with its social media tokens like Moon.
Moons are the experiment they can show has produced big dividends in turning a sub of several hundred thousands into a sub of several millions. With the token still holding strong, and still growing in utility. And providing solutions to social media problems.
I think as Reddit is pushing more its web 3.0 and metaverse, it will put its RCPs like Moon at the forefront of its campaign.
I just lost all of my moons because guess what? I didn't write my seed phrase anywhere upon first opening my vault. So the story is I bought a new phone yesterday (I'm really happy with it) and I annihilated the old one. I set up all of my apps, including reddit. I browsed a bit, made a few comments and I saw the moon counter besides my username said 0. Shit my pants opened the vault and yes the vault was gone. No way of recovering it because my stupid ass couldn't write the damn seed phrase down or at least take a screenshot. It wasn't a massive amount, 500 and something, but still a pain in the ass. Dudes don't make the same mistake. EDIT..... I managed to recover my moons. I didn't know that your seed phrase wasn't the only way to recover a vault, but you can do it with a password as well. After many failed attempts I got it. Thank you so much redditors for your kind and funny comments on this post. I'm sorry if you think I was lying I really wasn't and I had no ill intentions.
I am super stoked on Moons but I have so many questions for the community. I’ll try to stick to just three…
What percent of this community even knows or cares about them? They’re not something people view as a silly joke right?
Are most people acquiring them through posting and commenting, or are they buying on exchanges like myself?
Is there any marketing being done to promote them or does the community wish to keep them circulating here?
Feel free to answer one or all questions. I appreciate any time you have to offer.
Hello everyone and welcome to Moon Week for round 32 of Moons! For more information about Moons, please see our wiki page here or the Community Points page by the admins here.
Moon Week began yesterday with the snapshot post by the admins. The ratio is at least 0.859 and you can check out the post and comments to see an estimate of how many moons you'll be getting next Wednesday at the end of Moon Week.
To give exposure to our governance polls for the month, this Moon Week post will remain pinned to the top of the subreddit until the distribution post next Wednesday. Please review the following important information first::
- If you can't see polls or vote, or have any other issue, try again later or from a different platform (different browser, app, mobile, or desktop). These glitches usually resolve themselves within a few hours, but let us know if it hasn't after a day or two.
- You can't change your vote so make sure you read the full post and discussions, and ask any questions you have before you vote. There are people wishing they voted differently every month and you have several days to vote so there is no need to rush it.
- CCIP-006 implemented a 5% bonus for voting in at least 1 poll, plus an additional 1.25% for each additional governance poll was implemented by CCIP-014
- You will also get a special badge for a week after voting in a governance poll. These are visible in the reddit app and new.reddit on desktop. If you have voted and yours is not showing, you may need to enable it manually by clicking your badges and looking at the Achievements tab.
- Successful polls are implemented whenever the mods or admins have a chance to do it. Usually this is within days or weeks of the poll passing, but depends on workload, priorities, and complexity of implementation
Here's your poll(s) for this round of Moons. You can view the full CCIP list here.
- CCIP-041 - Increase Karma Multiplier for SERIOUS posts from 1x to 2x
- CCIP-042 - Algorithmic Moons Pricing for AMA Tickets - Rewarding Users By Burning More Moons
- CCIP-043 - Proposal for algorithmic pricing for AMAs based on unique viewers in last month and MOON price
- CCIP-044 - Serious Post Updates
Note: Because CCIPs 42 and 43 are not compatible with each other, the one with more Yes votes wins if both of them pass. CCIPs 41 and 44 both deal with Serious posts, but are compatible with each other so there is no conflict.
Thank you for reading and happy voting!
As of now moons have little to no utility. They are good for keeping users engaged in conversations and active through the bear market.. but the endgame is grim.
The ultimate goal for most moon holders is to sell as high as possible and that's it.
So the long term idea should be to incentivize people to actually use moons for buying stuff they like.
Buying stuff online for moons is probably an overreach, however some services could be considered. I know there is a sub where people pay for services for moons and that is a great step forward.. but those are rare. A systematic approach that would generate demand imho could be an exclusive content.
While most people are reluctant to pay real money for that stuff, having something addictive to spend virtual money on is the real money spender. There is much less friction in such decisions.. and even less moral barriers.
It would be like a free coupon for a gambling site or some exclusive content.
What are your thoughts on this.. what would make you spend all your moons!?!?
Pretty much the title. I remember I saw a CCIP was passed but couldn't find it using the search bar.
As per my search, all the suggestions go through creating a new Reddit account and sending MOONs there, or to send them to your MetaMask wallet and such. We talk so much about privacy and yet here we are.
It shouldn't be hard to implement such a change.
Specially during the bull run, which will be MOON's first run while in the main net, it might reach higher values, making yourself a potential target for doxxing and such.
Any help on this question is much appreciated.
Hi there,
Long story, but basically, I made a mistake and traded moons for eth, than sent that from a metamask wallet on the Arbutrum Nova Network to a kraken eth address where the coins seem to be in limbo.
It was only $100 and was my so not to beat up about it. TBH, I had only started to learn about moons after reading and posting here the last few months and think they are an awesome idea and was curious what the cashing out process was.
Imo, it was hard and painful, and eth gas fees seem to be insane but that's a whole other story. I finally got the moons into this but screwed up when I forgot to bridge my eth from the Arb Nova Network to the Eth network.
I am just wondering if anyone knows any possible way I can get this eth back, or is it gone forever, and where have they gone? It seems it's possible
I contacted Kraken and they don't support Nova apparently and said my case is noted in case they "can deploy my contract" but than says they don't have the private keys so I am confused where the eth went?
Message from kraken below...
"When a deposit is sent on the Arbitrum Nova Network to a standard Ethereum address, the private keys would need to be exported and then imported into an Arbitrum Nova Network wallet in order to recover the funds. However, this is not possible with our ERC-20 deposit addresses, as they are generated using smart contracts on the Ethereum blockchain. Addresses generated this way don’t have private keys associated to them, therefore we have nothing to export. Your case has been noted in the event that we are able to deploy the contract on the Arbitrum Nova Network; however, this takes considerable time and resources. For now, there is unfortunately nothing we can do."
Lesson learned: never sell your moons. At least kraken offered $20 in their coin for trading fees, so not a total loss.
Hello,
I would like to know if there’s demand for Reddit NFTs marketplace that uses Moons as base currency (Instead of Matic or ETH).
If there’s enough demand, we’ll start building it and we need help with few things:
The marketplace will be on Polygon which means that users need to bridge their Moons from Arbitrum Nova to Polygon in order to trade avatars on the marketplace.
Example
Joe got Avatar that he put for auction, Karen want to offer 5,000 Moons for Joe’s Avatar so she bridge 5,000 Moons from Arbitrum Nova to Polygon (We will build the bridge).
Karen offered 5,000 Moons and Joe accepted that offer, now Joe got 5,000 Minus the marketplace fee. Joe bridge the Moons back to Arbitrum Nova.
Please help us decide the Bridge and Marketplace fee.
We are thinking of 1% bridge fee and 3.5% marketplace fee in order to cover the development fees (few thousands dollars).
What do you suggest (Fees)?
Please comment or DM, thanks.
There's been so many hopium threads. I'm on the brink of dying to an overdose. I've read threads with a lot of hope and optimism. Don't get me wrong. I too like to dream and fantasize about what color car I'll buy when I miraculously get rich. But we all know that the likelyhood of this happening is next to nothing.
Some have promised at least 3$ a moon, others say that moons are the BTC of RPCs and promise 300$ a moon. People are crazy with hope and before I quit my job I need some FUD to come back to earth. So boys, fud me please, hurt my hopes and dreams the best you can.
Hello,
As promised, we are working on NFT marketplace where the base currency is Moons.
The first step is having a bridge between Nova and Poly-gon as Moons are on Nova while Reddit NFTs are on Poly-gon.
How to bridge?
Send Moons to the contract address:
0x0273d016067e74b0093a17503af05c5a88ee5f8f
Both networks uses the same contract address.
Minimum: 100 Moons Fee: 1%
We also added some Moons liquidity on Quickswap (Poly-gon) which you can take advantage of and do arbitrage while helping us test the bridge.
If you were here last year, we built bridge between Reddit Testnet and BSC for BUSD to allow trading on RCPswap.com/old , this bridge uses the same logic.
Usually bear markets are a hibernation period... little to no volatility, news become irrelevant, people lose interest and even stop DCAing or following favorite projects.
Having the ability to earn moons here is arguably stimulating us to be more active then we would usually be. Staying active and doing research in bear market is an incredible opportunity.
Hopefully in couple of years we will look back at these times and be grateful that we hadn't fallen asleep during the biggest bear market of our generation.
I am The-Moon-Korok!
Be the first to find me in posts on r/Cryptocurrency and you get a Moon!
ONLY r/Cryptocurrency!
HOW IT WORKS: 1. The first and ONLY THE FIRST to find me in a post and comment gets the Moon. 2. OP doesn’t qualify as they are notified of the post and it makes it too easy for them. 3. If you’ve received a Moon you must wait 2 days to qualify for another.
THIS POST DOESN’T COUNT!!!
If you do find me and are the first to comment please be patient. I am not a bot but a Korok. I will send you your Moon as soon as I see your comment.
I am a Moon fanatic and want to spread the good news. I believe Moons will be worth so much more in another year or two and hope everyone is filling their bags, either by posting quality content or buying on an exchange. There is no wrong way to do it!
Happy hunting! 🌕