DuckDAO Community Update
Successful BASE launch, AMA with PAID, DLP Audit, and first prize from DuckDAO Hunters.
Successful BASE Launch
BASE Protocol’s $BASE token launched on Uniswap and 1Inch with a massive success this Monday, November 30th, earning the ducks a 113x return in just five days.
$BASE is all of the hype at the moment, earning $4.3 million in liquidity and inspiring over $70 million in trading volume. The token also got registered by CoinMarketCap and CoinGecko, providing an authoritative boost to our partner’s project.
BASE presold at $0.33 and got listed in the $0.50–0.55 range resulting in a massive return on investment for early ducks. When rebases are factored in, we are roughly talking about 113x in ROI at the time of publishing.
The project partnership between DuckDAO and BASE Protocol was in and of itself a massive success story. We managed to coordinate our community, raise awareness, generate hype, and provide marketing support, culminating in the irrefutable BASE Protocol victory.
The launch is just the beginning, and DuckDAO is dedicated to continuing to support BASE Protocol in the long-term.
In a short period, BASE’s volume managed to overtake the majority of coins on Uniswap, earning the number one position on the CoinGecko trading volume list. That is the power of a great idea and commitment to its fruitful execution.
The story continues as BASE picks up more steam and steadily starts to grow the BASE liquidity pool. Each success makes the next step more manageable, and if the trend continues, this amazing launch will transform BASE into a well established, highly recognized, and popular crypto index.
AMA with PAID Network
The ducks gathered on the 29th of November to host an AMA with Kyle Chasse, the PAID network CEO, where many questions about the platform were asked, answered, and duck curiosity was satisfied.
Kyle Chasse was a fantastic guest who leaped at the opportunity to go above and beyond what is expected and provide insightful commentary to many of the community’s questions. We appreciate all ducks that took the time to think about the projects and come up with questions for our partners.
The AMA process not only helps our partners raise awareness about their project within our community, but it also challenges project leaders to face difficult questions posed by you!
10x $50 in PAID tokens (after TGE) and 1x DuckDAO Hunters NFT were distributed to lucky and active ducks during the AMA.
First DuckDAO Intermediary Prize
DuckDAO Hunters reached a significant milestone with the distribution of the first $12.500 prize for NFT collectors. The “Super Ducks” and “The Crowd” sets were chosen for this prize. Participants were given 24 hours to collect the cards, post on Twitter, and fill out a short form to become eligible for the prize.
The prize giveaway was wrapped on Wednesday, December 3rd, and resulted in 37 winners, each earning ~$337 from the intermediary prize pool. The combination of two Tier 1 sets for the prize made it possible for a higher number of winners.
However, due to the game’s nature, as we move up the tier list, natural limitations to the number of winners will ensure higher rewards.
DuckDAO Hunters Lootboxes and OpenSEA
Over 300 loot boxes were sold since their launch. The next batch will open up on the 8th of December at 19:00 CET. The latest batch of loot boxes will be reconfigured to provide better chances to win Tier 1 and Tier 2 cards, increasing the value of individual loot boxes significantly.
The probability of winning a card with the latest loot box design will be:
- Tier 3: 45%
- Tier 2: 45%
- Tier 1: 10%
To achieve this effect, we’ve taken the appropriate number of Tier 3 cards out of the loot boxes to be used as community rewards.
OpenSEA DuckDAO Hunters Collection
The DuckDAO Hunters family grew to include 501 individual owners which have traded over 117 ETH in their efforts to acquire DuckDAO Hunters NFTs. The most expensive cards sold are “Z.C. — The Exchange” and “Ivan on Tech — The Mentor”.
DDIM Price Analysis
DuckDAO Dime is on the way up due to positive successes in the past week. The successful launch of BASE and the release of the first intermediary DuckDAO Hunters prize invigorated the community and resulted in the increased demand for DDIM.
Liquidity, Volume, and Token Price are all increased on behalf of this increased demand for our community’s token.
A well-established tech company is auditing the DLP system. They will put the system through the motions, brutally test it for weaknesses, and try to break it. If they fail to compromise the protocol, it will be considered secure for launch. Many of you ask when the DLP will be launched, and we ask for patience in this regard.
We also want to launch as soon as possible and keep moving forward with innovation; however, we have a responsibility and an obligation to our ducks. We must take the time to ensure that our protocol will last the test of time.
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That’s it for this week!
Find Out More About DuckDAO🐥
DuckDAO is a community-backed blockchain-centric incubator platform that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to put them on the path to success.
Who will win? One VC or a thousand ducks?
CoinGecko (DDIM): https://www.coingecko.com/en/coins/duckdaodime