Dinger Technical Update 22 24/Apr/2022

Another quiet week for dinger and the market, in general, sees the project falling back down to the 5m dollar market cap range as investors wait for a turnaround to come. As central banks call for a global crackdown on cryptocurrency and the media unleashes another wave of slanderous hyperbole against crypto, sees Ethereum drop in price by nearly 10% this week. Leading many to roll their eyes at the news of yet another attempt by elitist bankers to destroy the crypto market.
One source claimed that “it’s all so tiresome”, while another reported that the ECB “has to go back” and that Fabio Panetta (high ranking board member of the ECB) “will never be a world leader”.

However, development continues steadfastly on the $DINGER project, with more updates this week as follows.
Token economic information is as follows:
ETH
Market Cap: 5.5m USD
Liquidity: 726k USD
Daily Volume: 11.3k USD
Holder Count: 7,089 (-25)
https://www.dextools.io/app/ether/pair-explorer/0x21a7afa9f7e2d48bfa8e8f384d77f3b5c19a5add

BSC
Market Cap: 6.3m USD
Liquidity: 164k USD
Daily Volume: 500 USD
Holder Count: 1,323 (+4)
https://www.dextools.io/app/bsc/pair-explorer/0xe69e56628eb88a2abc225ce9d3e5d457edb8a71e

Utility
D-lock
Not much to disclose in terms of updates regarding D-lock, except for a couple more projects locking with the platform. Unfortunately, the website is still a work in progress and at this time I am unable to provide this week’s latest locking information.
This issue has been raised with the team and will hopefully be rectified shortly.
The locker can be found here;
https://dingerlock.com
Certik Audit findings can be found here;
https://www.certik.com/projects/dinger-token

Cativersity
Cat-iversity was scheduled to do a live class last Thursday using YouTube’s live streaming platforms, however, the team was unaware that new live streamers must seek approval from youtube to be allowed to broadcast streams. This approval has now been obtained, and the second live lesson has been postponed to a later time.

Legends of Dinger (P2E)
A small update this week sees the inclusion of a gifting system in which NFTs can be traded or sent for free, also a raffle system for the chance to win a super rare NFT to use in-game.

More information can be found here:
https://www.legendsofdinger.com/

Cat-apult
Cat-apult 2.0 development continues this week, without much to say in terms of updates. However, it is expected that currently the platform is being built and tested. The real difficulty is in setting an appropriate rule set for users of the launchpad. Automation of a product requires a strict set of conditions to be set that is intended to mimic the decision-making skills of a human. Invariably, this is a balance that must be struck between being too difficult to meet and letting in low-quality projects. This will likely be revised many times going forward.

9Lives
The team finally released an update on the 9-lives platform this week. As it turns out, the utility was erroneously reported in these articles as being under development all this time.
However, 9-Lives is now officially under development and should represent the flagship product in the $DINGER ecosystem.
The team wants to put out a demonstration for the community to test out. This could potentially be used to gather real-world test data, which the team is looking to implement using NFTs. The plan is to get the community to purchase NFTs ad attempt to get a refund using a test contract.
The team is looking at trying to discover all of the various ways in which the platform could be exploited. For example, refunding non-rare NFTs in an attempt to keep minting to find a rare one.
There is a potentially endless number of ways a platform like 9-lives could be exploited if not carefully developed and rigorously tested, the team is looking to avoid these issues at all costs.

Marketing
4chan adverts have now reached nearly half a million impressions, which is a massive achievement, and one which East in particular (since he is heading the 4chan adverts and design) is very proud of, and rightfully so. Further improvements will see the advert direct people to the community, rather than the Uniswap page, which was originally done to fit the design of the advert, that includes a large buy button on it.
Website
The website domain has now been transferred over to the new site, which is very useful for SEO. Now the site doesn’t redirect to the hyphenated version of the URL as it did during migration.
The site can be found here:
www.schrodingertoken.com

Merchandise
The merchandise continues to be sent out, and the community has been speaking highly of its quality and design.
More information can be found here;
https://www.dingercatmerch.com/

NFTs
Currently, 658 Degens have been minted out of a total of 10001.
Further information can be found here;
https://mint.dingerdegens.com/
Also, as part of the coming P2E game, D-cats are now available to mint, which will be instrumental in the game’s earning mechanics, allowing members to secure their NFTs early.

More information can be found here:
https://www.legendsofdinger.com/

Partnerships
Not much to say in regards to partnerships this week, the team is currently in contact with various influencers, particularly non-crypto influencers to spread the word and avoid having the current status quo of influencers dumping on the chart and using the information as alpha.
Market Conditions
Again this week the market looks uncertain, with the future of crypto regulation being discussed and thrown up in the air by “important” central bankers and legislators. In most cases, this is hidden under the guise of protecting investors from scams, which is a noble goal, and one that $DINGER is seeking to achieve also. However, many see this coming from the IMF and ECB as simply the fiat banking system is threatened by the rise of crypto and using dirty tactics (as always) to curtail the threat. It is no secret that a lot of these people make unfathomable sums of money manipulating the fiat system, while life only gets harder and harder for the average person. So, it comes off as rather unbelievable that these same people wish to “protect investors”.
in regards to the price of Ethereum, some speculators are now saying it may make a modest comeback into the $3000 range in the coming weeks as BTC is showing a slight upwards trend on the 3-day charts, and has consistently been doing so for the last month or so. This is far from the “golden Bullrun” that many were expecting, but given that these predictions seem to change daily and depending on who you ask, it very much comes down to faith and a wait-and-see attitude.
This same attitude would have made investors a lot of money during the last few bull cycles, and many investors are confident in a price return to ATH or beyond by the end of the year.