Deconstructing InfiniGods' GOD airdrop
Was I bought or sold?
It’s been a good week for people who bought a lot of gaming NFTs a couple of years ago and forgot to sell them — people like me, in fact.
Today’s bonus came courtesy of InfiniGods, a project I got interested in during January 2023 when its first game — InfiniMerge — was released.
I really enjoyed it and started messing around with its NFTs, which enabled you to buy and sell additional moves in the puzzle game. There were also other NFTs linking to additional game features, plus the usual selection of access passes. I bought a few to see how it worked and then pretty much forgot about them … until InfiniGods started talking about its GOD token launch at the end of 2024.
The momentum behind this token had been built around its third game — King of Destiny; a mobile luck/loot game inspired by the success of Coin Master. Of course, it doesn’t use those original NFTs, but hey!
It has done well in terms of its recent play-to-airdrop campaign, which generated 2 million downloads through the app stores and around $500,000 of IAP fiat revenue, mainly from people grinding the game in the hopes of getting more GOD token.
I didn’t participate in this. I’m not a massive fan of cycling through play-to-airdrop events to farm tokens from games I don’t play. Still, a couple of hundred dollars spent in 2023 resulted in around $1,000-worth of GOD token in today’s airdrop.
Or did it?
Yes, in terms of that was the value of the tokens when I claimed them. As often happens, the price is since down 50%.
But the key aspect is that not only did I not sell my free GOD tokens but I actually bought some more.
This was thanks to a clever retention mechanic from InfiniGods, which as well as offering GOD holders the ability to stake their tokens for more GOD tokens in future — now pretty standard — also offers the option to stake your GOD tokens into a vault NFT, which was a free mint for original InfiniGods pass holders.
This gives you additional staking power, up to 7,777 tokens per vault.
So — completist that I am — I bought another 737 GOD tokens to max out my vault. And that apparently meant I could then overclock my vault.
I’ve no deep idea what that means but I wanted it, so I did it and now —- boom! I’m earning 145.8k lightning points per day. 🤷
One interesting side point from all this mindless activity is that although I was ranked around #3,500 on the original GOD allocation airdrop leaderboard, I’m currently ranked #143 on the new lightning leaderboard.
Progress I think?!
Obviously my single vault does not compare the whales above me. For example, the top wallet has 604 vaults, 139 of which have been overclocked with 4.7 million GOD tokens staked, which even now is worth a nominal $820,000, although you couldn’t actually sell that amount of tokens into the available liquidity.
As for me, I have no idea what rewards I’ll get from this process. It looks like we can claim our first tranche of GOD tokens in 29 days time.
But — as I never tire of telling people — I’m not in this space for the money but for the game.
And, to be clear, the ‘game of blockchain games’ isn’t even the games themselves. Getting involved and following wherever the bread crumbs lead — that’s the game.
It’s a good one.
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GOATS All The Way Up news
Mighty Bear Games has released more details about its forthcoming AlphaGOATS AI agent NFT mint on 6th February. There will be a total of 34,500 NFTs available, ranging in price from $333 for holders of its Genesis Goat NFT, up to $795 for the final tier of the public mint.
What you get for your money is an AI agent that will operate within the GOAT Gaming platform, generating income for its owner through gameplay and various other actions, apparently.
I think it’s the first gaming AI agent to offer such direct earning potential.
In this manner, each AlphaGOAT is inherently linked to GOAT Gaming’s GG token. Indeed each NFT is rewarded with 350,000 GG tokens, with these vesting after a one month cliff post-TGE monthly for the next six months. Interestingly, AlphaGOAT NFTs will only be tradable after this seven month period has ended, and all the GG have been distributed.
As for whales who want to further maximize their earnings, it will be possible to level up your AlphaGOATs. Five can be merged into an advanced AlphaGOAT, five of which can be further merged into a Pro AlphaGOAT.
Much like InfiniGods, I’m guessing this will generate a further multiplier on your rewards. Another game will soon be afoot!
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