Oktyabr
@oktyabr
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2/So only 2% was unlocked on TGE, which was distributed to the 3 major NFT collections (Overworld, Palio, Dino) and on top of that to the farming community (AI and Palio farming). There's 26% left in the treasury, which they promised to distribute within 4 years, but their Whitepaper has such an opaque definition of the word community in tokenomics that there's no fucking way of knowing who and where they'll distribute the remaining tokens💰
Xterio raised fucking $55m$ worth of investments, including from Binance Labs, they had the opportunity to distribute large sums to holders, stock up MM for pampa, but they chose to stock up on huts in Dubai. At the same time, the guys managed to bend their community so much that trust cannot be restored, the holders are ready to nestle a snake on their chests than to believe Jeremy, who yelled: "Overworld=XTERIO"💩 💩 0 reply
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1/I myself thought that this was the end of the story, but as it turned out Xterio and their CEO Jeremy managed to break the second bottom. The guys organized not just a TGE for the holders, but a whole circus🤡
Today at 13:00 MSC TGE took place, $XTER came out at 0.5$ and FDV 400m$. Everything seems to be good, and maybe here NFT project holders, on which the whole Xterio company is tied, were able to repel the NFT price drop after the "successful" snap, but it was not so, the company again wet its holders in the mud and fucked them🔫
As a result, for a year of holding NFT (Overworld, Palio, Dino) in FP 1e+ range, you get ~$200XTER ($100). Moreover, after the snap there was a possibility in theory to discount NFT at 0.3e, but if you still decided to hold until the drop in the hope to repel the fall and be a loyal holder, then congratulations now NFT is worth 0.1e, you still have $100 for chips and spent👮♂️. 1 reply
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