.@farokh and the team over at @RugRadio are some of the hardest working people and voices for our space.
I always wanted some of these and now they are now historical digital assets.
I bought the dip here because I’ve always supported others and I think the market is over reacting.
With a supply this large one day they could once again become one of the largest collections by market cap.
Price x supply = market cap
They were ranked about 100 across all chains a few days ago now ranked 483.
A lot of people are getting this announcement wrong, let me tell you why.
Rug Radio is not going anywhere. As a matter of fact, Rug Radio has been leading the creator evolution within this industry since its inception and will continue to.
So what’s changing?
Well, it’s very simple. The media business model is broken, we believe prediction markets fix this.
We noticed that a long time ago, so we started ideating then developing @MyriadMarkets 18 months ago.
RektGuy has REKT
Moonbirds have BIRB
Pudgy Penguins have PENGU
Rug Radio Genesis NFTs will have $MYR
What we are deprecating is the RUG token associated to the NFTs as it is not sustainable, and we are replacing it with something much stronger with more moat.
As a matter of fact, 25.5% of the $MYR supply will go to RUG holders.
We’re building a multi-billion dollar company with MYRIAD, if you still don’t see it now, you will see it sooner rather than later.
Do with that information what you will, but in my eyes, the Rug Radio NFTs are historical and I am very proud of what we’ve done and where we are going.
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