LAND总量166464（408*408）块 ，可以买来做游戏建东西，也可以租出去打广告。地主会有空投的SAND Token 和游戏道具（ASSET），未来可能有治理权（按照LAND所有量空投治理币）。SAND 用于整个由游戏生态系统，发行量3 Billion（根据白皮书，40%的SAND锁仓到2024年），作为Utility Token可以用来购买游戏道具、土地、社群奖励等。

在同类型GameFi项目中SANDNBOX拥有最大的交易量，现阶段游戏还没有正式上线，所以当前链上主要活动主要为一二级市场的土地交易。

从2019年十二月PreSale开始，一级市场已经发售（Mint）的土地约10w块，占土地总量的63%。在已经发售的土地中，超过一半数量的土地是以SAND作为支付方式完成交易的,其他支付方式还包括ETH和DAI（Fig.1-left）。

以销售时的币价计算，项目方通过销售土地创造了等值46 Million USD的代币收入，其中SAND收入占总销售额的97%（Fig1.- right）。

2021年十一月，在Alpha测试及Facebook更名的影响下，SAND币价及交易量大幅上涨，土地一级市场售价同步上涨，但销售量开始下降（Fig.2）。

从地块尺寸角度分析，3*3以上的大地块（Estate）大部分在早期地价较低时Mint完成，地价增长后一级市场Estate供应量大幅下降，销售方式采用Opensea 拍卖，以稀缺性提高溢价(Fig.3)。

根据项目白皮书，25%的土地为项目方预留及社区奖励，推算剩下可销售的土地约为10%~15%。一级市场LAND的稀缺性，以及一二级市场存在的套利空间可以支撑目前土地价格。

按照地块坐标观察一级市场价格地图(Fig.4)，颜色越深Mint价格越高。一级市场价格根据土地销售时间呈现比较明显的集群。 价格最高的深红色地块集中出现在最近开放销售的几个区域，大面积浅红色的区域则是PreSale时期50USD的地块。

约有2万块Free Mint 地块（橙色），对照官网地图为合作方或项目预留地块，占所有地块数量13%，非销售地块的51%。值得注意的是，目前已公布的一部分合作地块还没有Mint出来，仅在SANDBOX网页地图上改了图片（WalkingDead&Snoop Dog……），这很可能是项目方为了避免合作方抛售引起地价大幅波动的措施。

官方预留地块的分布非常均匀，这保证了项目方对各区域价格和发展的控制，也可以防止在二级市场出现过多的大地块挤压一级市场拍卖价格。

独立持有者增长趋势与土地发售情况一致，最大增长在2021年9月。此后热度稍有下降增速放缓，但持有者数量持续增长，目前持有者数量在2w左右(Fig.5)。

根据持有者的土地持有量对钱包地址进行标记，显示93%的Owner持有10到1块土地(Fig.6-left)，而50%以上的LAND属于持有地块数量超过50块的大地主(Fig.6-middle)。

统计所有涉及LAND的交易（除去合约迁移）发现(Fig.6-right)，现有的持有者（持有LAND数量>0的地址)贡献了50%的交易量，另外50%的交易参与地址已不再持有LAND（proxy wallet or bot）。

如果我们把土地售出和土地买入的比值，作为反应持有者交易倾向的指标，根据该比值的大小把当前土地持有者分为六个类别（Fig.7 图例）。我们发现70%的持有者的持有倾向大于出售倾向。

根据持有者交互的独立钱包数量排序，取前20 位生成交易网络，通过研究网络结构以及各种network metrics，我认为持有者的交易分布较为自然，没有特别明显的对敲行为（wash trading）。我会在另一篇文章里单独分析。

比较地块年龄、最后成交价格及转手次数。发现各街区的地价和交易次数分布较为均匀，并未因地理位置出现明显的分化，但年轻的地块和交易比较频繁的地块价格较高，呈现出地价处于上涨趋势。

虽然SANDBOX的看上去受大盘影响波动下行，但链上数据反应出的基本面却显示出较为乐观的图景。持有者数量不断上涨，交易网络也很健康，侧面反应出社区的信心。此外，项目方对土地市场及游戏开发有较强的把控，也展现出了足够大的诚意，如果不作死搞事，翻车的可能性很小。

You can read about phases 1–3 on our info website below:

www.kuraibats.com

Our highly anticipated phase 4 of the Kurai Bats NFT roadmap involves a revenue-sharing model alongside our provably-fair, Solana-based, onchain blackjack game (“BatJack”.)

The basic rules of blackjack naturally create a house advantage. For most players and most sets of rules, the house advantage sits between 2.5% to 5%, based on player skill and strategy. On average, blackjack players at a casino will typically play 50 hands per hour. Theoretically, at a decentralized online casino like ours, you can run through the games at a much faster speed. This occurs for a couple of reasons:

A user playing 50 hands, conservatively, with 0.1 $SOL bet sizes (assuming: 1 $sol = $100) would be creating $500 per hour in betting volume for our house wallet. On average, one user will generate $12.5-$25.00 per hour in profit for the house wallet, depending on their skill set and strategy.

However, another user, playing the same amount of hands, with our 1 $SOL chips (assuming: 1 $sol = $100), will create approximately $5,000 in betting volume per hour, translating to $125-$250 per hour in profit, once again depending on the player’s skill set and strategy.

To put the hourly revenue from bet volumes into perspective, here’s a breakdown showing estimated revenue per hour:

Now here are those hourly profit numbers from above shown over x days based on concurrent users:

There will be various bet sizes to choose from to accommodate all player bankrolls and bet sizes.

Additional factors to consider when calculating the expected house edge is bankroll and human psychology, which can’t be ascertained simply by looking at bet odds and bet volume.

The house typically has a larger bankroll than the player, therefore, the player could be wiped out if they suffer a losing streak of multiple hands in a row, whereas the casino has more games going at the same time, therefore evening out losses, even if a player manages has a lucky streak.

The psychological aspect also cannot be ignored. Gambling exploits the inherent greed of humans, and our tendency to overestimate our chances of winning while underestimating our chances of losing. Betting systems like “Martingale,” or more simply known as “doubling-down”, perpetuate this even further, quickly causing a player’s bankroll to tumble and expose them to the risk of losing more than they intended to lose.

Combining both the psychological aspect and the bankroll limitations on the average player, in reality, our casinos expected winnings per dollar of bet volume can be much higher than the raw numbers shown above. Citing statistical studies of Blackjack, overtime, HA (House Advantage) + Hold % could be north of 10%, up to 16%.

The house wallet will be split up 80/10/10.

When we release the “BatJack” game, we’ll likely roll-out smaller bet sizes (0.05 $SOL, 0.1 $SOL) to help mitigate potential of somebody streaking the wallet clean. A percentage of mint funds will be used to bankroll this operation as a casino needs to have ample funds set aside in case of multiple players having a lucky streak at once. We will only deposit what is necessary into the “BatJack” wallet to keep the game sustainable.

As we build out the “BatJack” game we will continue to keep our bats updated on the progress. Here’s a first look at the front-end of the game:

In time, we will release demo videos and soon after a beta release. Whitelist opportunities are still available at the time of writing this article in our Discord, it’s still very early! Follow us on social media so you don’t miss out on any updates!

Play Responsibly

Blackjack is very fun and we know it. But gambling is a big problem and we don’t want our community be addicted and playing with what they can’t afford. Please, play responsibly

Resources

Call: 1–800–522–4700

Chat: https://ncpgambling.org/chat/

Text: 1–800–522–4700

Before we started this project, we asked ourselves what makes a good NFT project? Is it the art? Is it the hype around the project? Or is it the people behind the project? What are the factors that make people want to buy and hold our NFT. How do we stand out against the hundreds of projects that are launching everyday and eventually compete with the other tens of thousands that are already out on the market?

We are no artists to create dope art nor are we famous influencers to generate huge hype on our project. But as our founders come from finance backgrounds, generating alpha and creating value is our forte. We want to create a project that is able to provide good financial returns and form a community of like-minded crypto/NFT investors.

Our minting date will be announced in Discord once it’s finalised. Whitelisted individual will have 24 hours to mint at 0.035 ETH and public sale will commenced after that at 0.05 ETH.

Once our minting is completed, our dragon ball game will officially begin. The objective is to collect all the 7 different dragon balls. Each Alpha Draconis NFT will be allocated a dragon ball numbered from 1 to 7 with 1 being the most common and 7 being the rarest. By the end of 2 weeks, holders of the entire set of dragon balls will be eligible to share the bounty pool. Once the game ends, the dragon balls will be randomly distributed to each Alpha Draconis NFT again and the next round will begin.

We recognise that the community forms the backbone of any NFT project. Without the community, there will be no Alpha Draconis. What we envision to build is a community that is capable of high quality discussion. Conversations that can provide value and education to each other. Once the minting phase is over, a community wallet will also be set up. This community wallet will be used to invest in NFTs/Tokens and profits generated will be given entirely back to fund our dragon ball game, giveaways and future development.

With metaverse trending right now, we will purchase lands from NFT Worlds due to their Minecraft compatibility and their sheer land size. Lands purchased will be developed into a Dragon theme metaverse to hold events and let holders interact with each other.

With that being said we still have a lot of exciting plans in the works. We welcome you to chat with us on our discord and get to know us and our project better. We are just getting started and we need all your support. Thank you and see you!

From education, gaming, marketing, luxury goods and music to ticketing, land ownership, insurance and even health, the revolution announced is truly mind-blowing.

But what are the biggest NFT trends for 2022 when it comes to art?

Let’s take a look.

Some of the first NFTs ever made were a series of 10,000 social media profile pics (PFPs). Designed to be used as avatars for social media accounts, they were algorithmically generated portraits and given out for free to anyone with an Ethereum wallet. This was back in 2017.

Fast forward a few years and in March 2021, CryptoPunk #7804 sold for $7.57 million. By June, CryptoPunk #7523 was sold for over $11.7 million.

Beyond their insane valuation, what makes PFPs a definite part of the NFT future is the growingly sophisticated utility the collectors can draw on. And the fact that their holders have become full-blown communities.

Many PFP projects now have benefits for their holders/members, ranging from admission to dedicated Discord chat rooms to being granted full commercial rights to the NFT. And Twitter’s recent announcement that they would make PFP NFTs verifiable can only accelerate their growth.

But the most interesting point is that PFP NFTs have been evolving from simply providing digital identity to being fully metaverse-compatible with additional utilities such as royalties and character upgrades.

Through the interoperability of some NFTs such as Bored Ape Yacht Club, Gutter Cats, or Hashmasks, users can turn 2D collectible images into 3D playable avatars that are animated and can interact within the Sandbox.

In the same vein, it is becoming increasingly clear that if you’re supporting an NFT project by buying a piece (and not only a PFP), you are invested in a community. And what best for creating close-knit communities than regular real-world experiences and events for their members?

For instance, Gutter Cat Gang held an immersive event for its holders during the Miami Art Week, which included a number of community-centered activities. Doge owners also get access to a perpetual and exclusive set of activities, both online and IRL.

Similarly, Bored Ape Yacht Club launched a $200,000 treasure hunt for their holders, and later an exclusive party in New York City. That day, 2,000 of their community members had the privilege to see superstars Lil Baby, Beck, Aziz Ansari, Chris Rock and a specially reformed of The Strokes perform on stage. And finally put a face to their online persona.

With this type of event being major successes, and as collections must now think outside of the box to attract collectors, more NFT real-life events are expected in 2022.

With the craze that took everyone by storm last year, some NFTs became prohibitively expensive and out of reach for most. The fact that the lowest floor price for a CryptoPunk is around a jaw-dropping $400,000 says it all.

But there is a new trend that has started turning highly expensive NFTs more liquid and affordable: fragmentation (or fractionalization), which looks similar to owning shares of a limited company.

Fragmentation creates a virtuous circle within the NFT ecosystem: as a larger pool of people have the opportunity to invest, they generate additional liquidity into the art market and in turn offer artists additional ways to monetize their work.

Several examples show that fragmentation is setting out as a new trend. The Doge meme’s owner (a DAO that acquired it as an NFT for $4 million) fractionalized the NFT into 17 billion pieces last September, allowing users to buy their stake in Doge for less than a dollar.

Several physical works done by Banksy will also be fragmented and resold. Particle will launch a sale of 10,000 NFTs (for about $1,500 each) from the Banksy artwork ‘Love is in the Air’ it purchased a few months ago for $12.9 million.

Around the same time, ‘Gorilla in a Pink Mask’, was removed from a wall in Bristol, England, will also be fractionalized into 10,000 parts of around $700 each. For this last sale, one lucky individual among the buyers’ pool will receive another Banksy mural called ‘Refugees’ as a gift.

Interestingly, the winner will have the choice of whether the prize comes as a one-off NFT, or the physical artwork itself, showing the current NFT craze is beginning to extend beyond purely digital artwork to also embrace real-world objects.

Art created by Artificial Intelligence (AI) creating is not a new phenomenon. Christie’s sold an artwork created by an AI called GAN for over $400,000 as early as 2018.

But the recent boom of NFTs has made the value of digital assets widely recognized, leading to new AI projects being minted as NFTs every day. Today, over 1,000 AI-generated NFTs are listed on Opensea.

Beyond the sheer volume of this trend, it is truly the potential possibilities that go with AI and “intelligent ownership” that are mind-blowing.

Instead of static artwork, you can now imagine digital-art NFTs with specific personalities, that could converse with their owners (or potential buyers), explaining the inspiration behind their creation and adapting their answers to the person’s personal background and references.

Another possibility could be dynamic NFTs adapting to your feelings and mood, and which would provide an ever-changing experience, constantly satisfying or always surprising.

The best example of this type of intelligent NFTs (iNFTs) is Alice, created by Alethea AI and sold for almost $500,000 at Sotheby’s. And the recent creation of their own metaverse called Noah’s Ark, filled with iNFTs, is definitely proof that AI-powered NFTs are here to stay.

***

Those are just a few examples of what the future holds for us.

NFTs in general, and NFT art in particular, are in for a hell of a ride these coming months.

And we can’t wait to watch it unfold.

$GUMP is the Community Focused Reward Token of $PEOPLE Supporting the DAOs Future.

We Stay Loyal, Focused, Optimistic

$GUMP is paired with $PEOPLE available on Uniswap V2 supporting the ConstitutionDAO, “We the people, to the people”.

Anyone held $PEOPLE on Feb 28th, 2022 (PST 8AM) are welcome to claim $GUMP with Airdrops. Only gas fee will apply.

The Refferal Process

Sending any $GUMP to a new address would trigger a referral between the sender and the receiver in the system automatically.

10% of slippage will apply when buying, swaping and removing liquidity

$GUMPs selling and adding liquidity would be free from the 10% slippage!!

The Global Top 50

The top 50 Liquidity Providers would have chances to be waived for the 10% slippage! The Spots are limited.

The Tokenomics

It’s About to Claim The $GUMP and Reward The People for Real.

Twitter: https://twitter.com/getagump

The Myth of America: https://getagump.org/

Discord: https://discord.gg/pyxqmUC5Nk

This article is a follow up to a previous article I wrote on DeFi. If you haven’t read it yet, read it first before reading this one.

Alchemix is a DeFi app that launched a few months ago and that claims on its website to provide “highly flexible instant loans that repay themselves over time.” With such a bold statement of course I was intrigued and decided to investigate. I wanted to understand how it worked.

Before moving on to the mechanics of Alchemix, it is important to understand what is a “stablecoin.” A stablecoin is a token representing the value of a fiat currency—like the US Dollar — on a blockchain. Unlike Bitcoin or other crypto-assets, its value is not supposed to fluctuate.

As of early May 2021 there is more than $15 billion worth of USDC and $4 billion worth of DAI outstanding. It’s a corner of the crypto ecosystem that is growing very fast.

To get a “loan” on Alchemix, you first need to deposit twice the amount you wish to borrow. The deposit has to be made using the stablecoin DAI. The amount deposited serves as collateral, but more importantly, also serves as investment capital yielding a return, which is used to repay the loan. I know, you must be very confused right now. Why deposit, say, $200 to borrow $100?! It’s because I forgot one critical piece of information: the loan is interest-rate free. More confused? Let’s see how it works:

1. A user deposits the equivalent of $100 equivalent in the form of 100 DAI on Alchemix.

2. Alchemix then allows the user to borrow up to the equivalent of $50 in the form of the Alchemix stablecoin, alUSD. This is where the magic happens:

3. The user can withdraw the 50 alUSD tokens, swap them for USDC, send them to an exchange such as Coinbase and convert them to $50, which can be freely transferred to her bank account.

4. In the meantime, the 100 DAI deposit made on Alchemix is invested with Yearn, where the yield on DAI deposits is currently in the 15–25% range. It’s the return on the deposit that is used to repay the loan over time.

5. Once the 50 alUSD loan is repaid, the user gets its 100 DAI collateral back. The user can also prepay the loan at any time using the collateral already deposited on Alchemix.

6. With the current return on DAI deposited by Alchemix on Yearn at about 25%, the 100 DAI collateral should repay the 50 alUSD loan in about two years. Since the yield changes every day in real time, however, it’s impossible to know exactly when the loan will get repaid. All the user has is an estimate based on the current yield. But since the loan is interest rate free and that it can be prepaid at any time, it doesn’t really matter.

7. The whole scheme is attractive because yields in DeFi are currently high. If the return on DAI deposits were to drop to just 5%, the value proposition of Alchemix would change dramatically, as it would take 10 years for the collateral to repay the loan.

8. In a nutshell, Alchemix allows you to withdraw the future return on your investment. You can either use it to pay for expenses now (option 1 below) or use it to get interest-free leverage. Since your collateral is invested with Yearn and that you can invest the 50 alUSD how you want, you can have $150 of exposure on $100 of capital (option 2 below).

9. Because the alUSD stablecoin is backed by 200% of DAI — another stablecoin — the loan can’t get liquidated, unlike other types of margin loans collateralized by assets that are not stable.

10. We are still in the early days of DeFi, so using Alchemix requires an advanced level of knowledge of the crypto ecosystem, which currently keeps it out of reach to 99.9% of the population. To illustrate this complexity, the chart below shows the steps required to execute the trade described previously.

11. While the first and last steps (1, 2, 16 and 17) involve Centralized Finance (CeFi) institutions, the rest is done using DeFi protocols. All of this is made possible the killer feature of DeFi: composability.

12. Composability is the ability to combine any number of DeFi apps in as many ways as you want. Think of a DeFi app as a Lego brick. Because DeFi apps are permissionless (i.e. you don’t have to create an account with them or request permission to use them), any DeFi app can connect to any other DeFi app and use it. This is impossible to do with traditional finance. The consequence of composability is that each DeFi app increases the value of the whole ecosystem, because other DeFi apps can use it.

13. The example above combines the following protocols:

14. As you can imagine with so many layers, it’s clearly not risk free. But the whole system is transparent as everything is observable on the public Ethereum blockchain. Below are some of the main risks involved with the steps described above:

15. DeFi is reinventing finance and forcing everyone — especially those with a finance background — to reevaluate their beliefs and understanding of finance. Alchemix has already attracted more than $1 billion of deposits just two months after being launched. This gives you an idea of how fast the DeFi ecosystem is growing and how much capital is flowing into it.

16. It’s still early days, but not a week goes by without new innovative concepts being launched. Some will fail, so be very careful if you want to experiment with DeFi. That said, the genie is out of the bottle and change is coming faster than you think in the world of finance.

17. The information in this article does not constitute any form of financial advice or investment recommendation related to DeFi protocols. The mention of DeFi platforms in this article does not constitute any endorsement of any kind.

18.