Information Asymmetry Bad
Further adventures with Champions: Ascension
There were two key pieces of information missing from my analysis of Jam City’s genesis NFT drop for its debut blockchain game Champions: Ascension.
The first was that the Dutch auction public mint only lasted for 48 hours. The price started at 1 ETH and dropped to 0.4 ETH, at which point the ability to mint was stopped.
The result was that of a possible…
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