Pteria DAO provides clarity and announces news about the project

Pteria Team
Pteria
Published in
2 min readFeb 26, 2021

Pteria DAO has been partnering with Wallem since November 2020, being confident that it is a valuable, innovative and well-made game. In fact, the DAO has rewarded Wallem with its own PTERIA tokens so that the game can take advantage of them and will continue to do so in the future with Wallem as well as other games.

Yesterday, as many of you will know, Wallem announced an ongoing negotiation with Night Media, mistakenly because no contract had been signed yet and the conversation was at an early stage, so much so that Night Media’s CEO was not yet informed. The mistake was made in good faith, and the Wallem team is extremely sorry for the misinterpretation and related communication.

However, Pteria DAO continues to support Wallem, knowing that this was just a misunderstanding. None of the Pteria team, nor the main wallet of the DAO, have sold any tokens, as can easily be verified on the blockchain. The dump can therefore be traced back to a panic sell as a consequence of this unfortunate event, without any reasons concerning the performance, the team and the development of the project.

The price of the Pteria token, despite yesterday’s event and the sudden drop, is still double that of a month ago. We believe that the reasons for the strong increase in the last period in such a short time are still completely valid.

A new NFT: PTERIAN

Leaving aside all this, which has been explained and discussed at length, Pteria is today happy to announce a new NFT called Pterian.

This NFT will be offered for sale on OpenSea in only 20 copies and will serve to increase liquidity on Uniswap on the ETH-Pteria pair.

Each of these NFTs will cost 60 ETH but along with the NFT, the buyer will also get PTERIA tokens worth 60 ETH. These will be locked into the PTERIA pool for one year, therefore also collecting fees from the Uniswap pool.

These NFTs will be added to OpenSea in the next 48 hours.

--

--