Dinger Dissect #16
Another quiet week to the market sees dingers price stabilizing at around the 7–8m MC region again, reaffirming this is a major price floor for the time being.
The team continues to work on gaining large share partnerships which are expected to be coming very soon.
In a surprise turn of events, $DINGER officially partnered with “The Sminemverse”, a new NFT project involving the now legendary “Sminem”, a person who has been immortalized in meme culture as “the boy who saved crypto”. The community has been quick to capitalize on this piece of lore and is calling his reappearance something of a second coming. Though this is mostly a tongue-in-cheek bit of fun that the community is mostly enjoying, the announcement did bring with it a decent green candle. So who knows, perhaps the legends are true.
Token economic information is as follows:
ETH
Market Cap: 6.2m USD
Liquidity: 746k USD
Daily Volume: 22kUSD
Holder Count: 7,118 (-30)
https://www.dextools.io/app/ether/pair-explorer/0x21a7afa9f7e2d48bfa8e8f384d77f3b5c19a5add
BSC
Market Cap: 7.2m USD
Liquidity: 172k USD
Daily Volume: 1.4k USD
Holder Count: 1,253 (-4)
https://www.dextools.io/app/bsc/pair-explorer/0xe69e56628eb88a2abc225ce9d3e5d457edb8a71e
Utility
D-lock
The team is still working on Dlock to improve the user experience and iron out any kinks with the platform. Adoption of the platform is still very early and therefore relatively slow at this time, but this is to be expected and we are considered to be on track as per the expected growth curve.
The locker can be found here;
https://dingerlock.com
Certik Audit findings can be found here;
https://www.certik.com/projects/dinger-token
Cativersity
Many of the first episodes are more or less complete and are now being sent out to the team for review and feedback, with the content expected to be delivered at the end of Q1 still.
Legends of Dinger (P2E)
Another game module has now been completed, specifically, the authentication module, which is essentially the wallet connect feature, allowing the NFT functionality and storage of progress on-chain, etc. It can be thought of as allowing a decentralized game state account.
Cat-apult
Catapult saw a few minor developments this week, with a couple of successful launches using the platform. Currently, $DINGER is acting as the service provider for these teams and helping to boost the success of their launches.
HypeApes was the first to launch on the platform this week and their launch went very well, their community was very happy with it and their token did around a 50x from launch.
This is generating fees which go towards dingers development. It is estimated that we are collecting 30% of their overall tax collections.
At the moment, the $DINGER team is in control of the contract, this very much helps to add to the safety of launches on our platform, it is not foolproof, nothing is guaranteed in this space. However, the team is taking every step possible to keep the goal of Cat-apult in mind.
9Lives
Development continues, reportedly, 10 developers are working on it at the moment, no announcements for this week regarding this product.
Marketing
Again for this week, the 4chan advert performance is slowing down. The team suspects that we may have reached the limits of what we can draw from the mobile site in terms of performance.
The team is now moving over to the desktop site for 4chan, which opens up exposure to the brand to a much larger audience. At the time of writing, this advert should already be live.
Website
The admins have now been shown the updated website in progress, and it is safe to say it has been well received.
The launchpad website was previewed to the community this week also, to a lot of fanfare from the community.
W1 is currently doing the design and layout of the site. There is still work to be done, but the community can expect to see it very soon.
Merchandise
The merch site is currently being redesigned and will be integrated into the main website as a page.
There is also an idea to create some kind of physical coin or bill that people can purchase from the merch store. The current idea is that these will be serially stamped and uniquely identifiable and will allow certain perks, like entry into small prize draws, etc.
The team still has a lot of hats and mugs left, and plan to award them as prizes to the community.
More information can be found here;
https://www.dingercatmerch.com/
NFTs
Currently, 635 Degens have been minted out of a total of 10001.
Further information can be found here;
https://mint.dingerdegens.com/
Partnerships
Dinger has now partnered with “Sminem”, a person who is considered legendary in the cryptocurrency space. In exchange for partnering with his project, we are looking to create a mutually beneficial joint marketing campaign to help sell his “Sminem Particle” NFTs, which consist of NFTs of pixels of his most infamous photograph of himself.
There are many more partnerships currently being worked on, but these are with professional entities and therefore take as much time as they take. It is unfortunately still a waiting game, however, these partners are very much worth waiting for.
Market Conditions
As expected lately, the market continues to be a rough ride for holders and traders. It does appear as though things have calmed down a lot and it is expected that the price of Ethereum will bounce along at near the current price in the mid $2k range for a while longer.
Many developments and use cases for the Ethereum ecosystem and EVM are still coming to market, with many derivative blockchain products either launching or in active research and development at this time. Many analysts are speculating on an Ethereum price of $30k to $40k at some point in the not-so-distant future if the ever-present gas issue can finally be resolved.
