Author: dachen
SuperChamps will issue tokens in the second half of the year and airdrop 5% (20% of which will be exclusive to NFT holders). This article will analyze the airdrop returns. All content is only personal opinion and does not make any investment advice!
First, predict the total market value and token price:
These are some of the more well-known blockchain games that have issued tokens since October last year. According to data from Coinmarketcap, their current average FDV is 400 million, and the average financing at the time of issuance is 15.5 million. (Minimum and maximum values have been excluded)
SuperChamps has currently raised 19.5 million. If calculated according to the FDV/financing scale in the table, the FDV at the time of coin issuance is 500 million and the coin price is 0.5.
If we only look at the new projects launched in February that have not been doing well recently: ULTI, PIRATE, NYAN. FDV at the time of issuance: 250 million, 0.25 per coin.
If the market is not good in the second half of the year, the copycat will be cut in half again. FDV: 125 million, coin price: 0.125
Next, calculate the returns of NFT-exclusive airdrops at 3 full circulation market values:
The total known currency supply is 1 billion; 5% will be used for airdrops; 20% will be exclusively airdropped to NFT holders; the total NFT supply is 3333, and the current floor price is 0.18E, equivalent to 600u.
We assume that all NFT holders have created accounts on the official website and connected their wallets, and that the total circulation market value at the time of issuance is 125 million
(125,000,000 / 1,000,000,000 * 5% * 20%) / 3333=450u
Conclusion: Each NFT can get 450u, with a return rate of 75%.
Analyzing the airdrops without NFT accounts, according to Dappradar, the average number of active wallets per day on the SuperChamps airdrop page is about 40,000 (the cumulative number of wallets is 160,000)
https://dappradar.com/dapp/super-champs-hq?range-ds=30d&range-ha=3m
We assume that 40,000 is the average level for participating in airdrops and games, and is also the threshold for obtaining airdrops. The total circulating market value at the time of issuance is 125 million (125,000,000 / 1,000,000,000 * 5% * 80%) / 40,000 = 125u
Conclusion: Each account can get 125u.
Note: The account here refers to playing their two games at an average level to get airdrop points, which is estimated to take 5 hours per week. If you can complete all the tasks, then the points will be more than the average level, and the airdrops you get will be more.
Assuming you earn points by playing games at an average level + hold 1 NFT, and the total circulating market value is 125 million when the coin is issued
Conclusion: The overall income is 575u. The overall return on investment of NFT is 96%.
And NFTs can be stacked. If you take the time to complete all the tasks and hold a large number of NFTs, the cumulative rewards may be good. Especially if the market conditions improve in September, the token valuation will increase, and the income will increase accordingly. All the above content is not an investment advice, and my analysis may also have loopholes, so everyone DYOR!
For information about SuperChamps, please refer to Chain Catcher’s previous article
https://chaincatcher.com/article/2133658
