New Money price

gm ❤️ Who’s bullish on Newton and dYdX today ?

few people have been asking how to play the @virtuals_io's new genesis launches + how to strategically use / accumulate virgen points this is what i think (quick and dirty thinking): why need genesis? > first off, the old way of launching ai agents using the pumpfun bonding curve thingy needs to be revisited and rightly so, it attracted too many mercenary snipers + cabals (can't blame them, i would do the same given the opportunity haha) > genesis is a now a new way for true, loyal virtuals community holders / buyers / supporters to buy new agent tokens at a rather appealing price without fighting with the more equipped snipers / richer cabals that can squeeze you out just because they have more money how to define a true, loyal virtuals supporter? (how to know if you are a bigger virgen than me?) > virtuals introduced a new concept called virgen points, where users will need to use these points to fight for an allocation in the new ai agent launched under program 'genesis' > ways to accumulate virgen points: - hold $virtual token or tokens in virtuals' eco - trade these tokens - stake $vader (points are distributed daily, but they will expire at end of month) > check your points balance here: so how do genesis launches work? > once a project decides to launch on genesis, a 24 countdown clock goes live > community can now do their own research about the project (team, idea, background, etc.) and decide whether they would like to participate > if they are bullish and choose to participate, they can commit their virgen points (no limit), alongside $virtual to buy the new tokens ($NEW) at launch (capped at 566 $virtual for one wallet) so points are to determine your allocation, $virtual is to to buy $NEW > at the end of the 24-hour countdown, if the required commitment is met (42,425 $virtual needed), corresponding allocation for each user will be calculated and u will receive your $NEW allocation share (in exchange of your $virtual committed) > $NEW token will open at 336,000 $virtual mcap (roughly $190k usd now) > if its oversubscribed, your excess points and $virtual committed will be refunded > if its under-committed, your points and $virtual committed will also be refunded > read more about the detailed mechanics from this tweet by the legendary @Degen__Ape__: so whats a smart way to play this? (just my 2c, me aint smart, so feel free to ignore or challenge) > if you have been trading and supporting virtuals' ai agents for the past few months, you should have received some big fat points, so please put those to good use now with the genesis launch > when you find a decently good project, commit your points to buy $NEW at $190k mcap (cheap af no?) > market has been ass recently, but if theres a legit team building in crypto, token price can usually go up to $2-3M at launch, so thats at least a sweet 10x for you thanks @virtuals_io team for letting us get rich again, this time without having to fight with the snipers and cabals in the trenches > (if you are bullish about the project) once you claimed your $NEW, i would advise not selling these $NEW tokens -- believe you will be disproportionately rewarded with more points going forward if you diamond hand > (more risky move) you could buy even more $NEW tokens on top of your presale $NEW tokens, suspect this will help you to accumulate even more points rmb points are your golden tickets to buying better projects in the future at $190k mcap (need to reiterate, $190k mcap is crazy) more points, more money, more dreams > caveat, only do this if you are bullish about $NEW -- dont know how to model this, but there should be a nice balance between how much $NEW can drop in price VS how many virgen points you can accumulate by holding on the $NEW final unstructured, random thoughts > part of the virgen points will expire at end of every month, so sometimes you might have no choice but to either ape into less decent projects or burn those points > all these could only work (and form that positive virtuous cycle) if there is a good pipeline of decent projects coming out from virtuals ecosystem good thing is (at least from how i observed), both virtuals and @virtuals_vc are working pretty hard to get new solid builders onboard, so that shouldnt be a worry > while the move for virtuals team to double down and redesign the ai agents launching mechanism (to make it more equitable and fair) as an ai agents platform is commendable, theres a possibility that we might not reach the previous high again with the same ai agent story > hence we should also pay attention to the other initiatives virtuals is pushing for, especially the Agent Commerce Protocol (ACP) this might be the key to reviving virtuals, and to a greater extent, crypto AI bullish building, bullish virtuals.