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Valuation: $13.3B in January 2022, backed by a16z, Paradigm, Coatue.
Potential airdrop: $500M–$1B, based on the Magic Eden precedent ($650M) and OpenSea’s much higher revenue. Even if it’s less, the ROI will still be significant.
Stats: According to some source from Kenya, OpenSea had 162,000 active users in April, accounting for 52% of the total NFT market, while Magic Eden holds 27% with 78,000 users.
Only 50,000 people received the last Ronin box—that’s incredibly low, don’t you think?
Any risks? None really. The only things that might raise concerns are that a few boxes have already been distributed (the campaign’s been running for ~2 months), but given how some people are farming XP, this isn’t a big issue. During the Ronin campaign, I averaged 500 XP per account, while I saw numbers around 100–300 XP in chats. 1 reply
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