🏆 How much is it worth to win Open League now?
It was correctly noted in the comments that Notcoin has 2.3 million wallets. However, most of them are inactive wallets such as one, two, three. That is, users have withdrawn NOT to their wallets, but no further use has been envisioned. Despite this, Open League's metrics count them as holdings because they have more than 1 TON worth of tokens in their token account. In theory, only active wallets should have been counted, which would have significantly reduced Notcoin's chances. However, it's not quite right to change the rules of the game in the process, so you have to play by the established rules. But adding Notcoin mid-season is also an exception, because other projects, such as $CAVI, have to wait for the start of the next one. So, hopefully they will at least think about it.
This message (material) is created and/or distributed without the purpose of disrespecting members of the TON Foundation, TON Society and the TON blockchain. And (or) by a person with no intention of disrespecting the members of the TON Foundation, TON Society and the TON blockchain.
How much does it cost to win?
I decided to calculate what would happen if instead of 0.3 KINGY via KINGY GM BOT, the minimum amount for Open League is 25 KINGY.
Cost calculation:
1. The fee for the first shipment is 0.13 TON.
2- The queue to get KINGY is over 80,000 people.
Thus, it would take 10,400 TON to distribute KINGY to all participants. Some of the funds will go back into the wallet and be used again to pay, so roughly estimate the amount needed at 7,000 TON.
Cost of the giveaway:
- 25 KINGY is equivalent to 1 TON.
- If 80,000 participants are distributed, this will amount to KINGY worth 80,000 TON.
Final Costs:
To finish in second place with a 99% probability, 87,000 TON ($696,000) would be needed. However, it is worth considering that some of the KINGY will be sold, which will reduce the "TVL change" figure.
At this rate, a prize of $130,000 doesn't look particularly attractive. So let's you purchase KINGY for 1 TON yourself and I'll charge you 80% of the prize 😂
@investkingyru | @investkingyru_en | twitter | CMC | Private, Elite
$KINGY: DEX DeDust.io, STON.fi, Swap.Coffee and xRocket.
It was correctly noted in the comments that Notcoin has 2.3 million wallets. However, most of them are inactive wallets such as one, two, three. That is, users have withdrawn NOT to their wallets, but no further use has been envisioned. Despite this, Open League's metrics count them as holdings because they have more than 1 TON worth of tokens in their token account. In theory, only active wallets should have been counted, which would have significantly reduced Notcoin's chances. However, it's not quite right to change the rules of the game in the process, so you have to play by the established rules. But adding Notcoin mid-season is also an exception, because other projects, such as $CAVI, have to wait for the start of the next one. So, hopefully they will at least think about it.
This message (material) is created and/or distributed without the purpose of disrespecting members of the TON Foundation, TON Society and the TON blockchain. And (or) by a person with no intention of disrespecting the members of the TON Foundation, TON Society and the TON blockchain.
How much does it cost to win?
I decided to calculate what would happen if instead of 0.3 KINGY via KINGY GM BOT, the minimum amount for Open League is 25 KINGY.
Cost calculation:
1. The fee for the first shipment is 0.13 TON.
2- The queue to get KINGY is over 80,000 people.
Thus, it would take 10,400 TON to distribute KINGY to all participants. Some of the funds will go back into the wallet and be used again to pay, so roughly estimate the amount needed at 7,000 TON.
Cost of the giveaway:
- 25 KINGY is equivalent to 1 TON.
- If 80,000 participants are distributed, this will amount to KINGY worth 80,000 TON.
Final Costs:
To finish in second place with a 99% probability, 87,000 TON ($696,000) would be needed. However, it is worth considering that some of the KINGY will be sold, which will reduce the "TVL change" figure.
At this rate, a prize of $130,000 doesn't look particularly attractive. So let's you purchase KINGY for 1 TON yourself and I'll charge you 80% of the prize 😂
@investkingyru | @investkingyru_en | twitter | CMC | Private, Elite
$KINGY: DEX DeDust.io, STON.fi, Swap.Coffee and xRocket.