My take on $XO and @xocietyofficial:
It's rare you have the chance to acquire ownership in a category-defining project and asset at distressed levels (reminds me of Maple $SYRUP at lows of $20mm FDV, now trading north of $700mm). $XO feels like one of these opportunities.
Xociety encountered claims and DDOS attacks during their TGE. For many projects in crypto, the TGE is the "liquidity event"and if it fails, the team and community disperses and moves to the next project - for @xocietyofficial it's one step in a long journey to truly bring change to the economics of gaming. The team was cooking in the office the next day, without skipping a bit (maybe helped by a surprise pizza delivery by @NeoclassicCap)...
Amongst the, justifiable, frustration from the community, the one common thread was while the TGE could have gone better, the game is best in class and they will continue to play. The community is strong as ever because THE GAME IS GREAT (ranks top 3 most wishlisted game in Epic Game Store).
@Old_SpicyGinger and the @xocietyofficial team have a MONSTER roadmap over the next three months, one that had my jaw on the floor if they are able to execute, which I have no doubt they will.
- $XO $XO
(Also, love to see the volume picking up with best depth on @bluefinapp - the @SuiNetwork community clearly onboard)
[UPDATE]
We want to further address what’s going on with the $XO claim.
Currently the vast majority of $XO has been airdropped to wallets. If you had connected to our claims page you should be good.
For those who have multiple wallets connected, all amounts stay safe, and it'll be transferred to the active SUI address.
However, we know there are those owed $XO who never connected to the claims site. Please do so, as we'll be airdropping across the coming days.
We appreciate your patience, and are actively looking at the right way to repay the faith you have had in XOCIETY until now. We will be back with plans of how we want to make this right on July 1st.
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