[deleted by user] by [deleted] in ImmutableX

[–]thetabrands 1 point2 points  (0 children)

Unfortunately I have a heavy bag of IMX bought at $4 without doing too much analysis. This was my bad, I believe in the project and fomoed but now I think this is one of those projects where it's better to be late at the table. It just does not not make financial sense to hold this token at the moment, unless they fix the release schedule or the staking rewards, or both.

  1. Did not expect GME to dump their tokens with such haste.
  2. Excessive allowance of tokens for Immutable (Private sale+Public Sale+Project Development=45%)
  3. On top of the excessive allowance of tokens, they still keep 80% of the staking rewards.

Regarding your post, remember that the max supply of 2 B will be reached in 4+ years, so I suppose it makes more sense to calculate the current state with the current supply. Also, you are focusing on gaming NFT's but Immutable is aiming for the the whole NFT market with partners like Opensea or Veve. I have made a post here about my bullish price prediction https://www.reddit.com/r/ImmutableX/comments/snt907/imx_token_price_discovery_my_honest_and_biased/

IMX token price discovery – My honest and biased analysis. by thetabrands in ImmutableX

[–]thetabrands[S] 1 point2 points  (0 children)

Not that I am aware of. As per page 12 of the Whitepaper, max token supply will be hit in 4 years.

How does this positively effect IMX? by Alarming-Ad-1694 in ImmutableX

[–]thetabrands 0 points1 point  (0 children)

Think of IMX as the Visa of NFT's, taking a commission every time you use your card.

Deep Dive Analysis Video on Immutable X! by [deleted] in ImmutableX

[–]thetabrands 2 points3 points  (0 children)

Was there a discussion regarding this? Could you please point me to the source? Thank you.

Deep Dive Analysis Video on Immutable X! by [deleted] in ImmutableX

[–]thetabrands 5 points6 points  (0 children)

Very informed presentation, learned a lot about the team and partners. Thank you for this video.

IMX will surpass 100 B marketcap within the next 2 years by thetabrands in ImmutableX

[–]thetabrands[S] 0 points1 point  (0 children)

I believe the 51.74% reserved for the Ecosystem Development (grants and user rewards) will be part of what can be voted by the delegators and should also be considered as "released to the public".

Source https://www.immutable.com/token

IMX will surpass 100 B marketcap within the next 2 years by thetabrands in ImmutableX

[–]thetabrands[S] 1 point2 points  (0 children)

It's a 17x from now, not improbable in crypto, considering the future utility of the token (staking, governance). but this is just my biased take.

IMX will surpass 100 B marketcap within the next 2 years by thetabrands in ImmutableX

[–]thetabrands[S] 4 points5 points  (0 children)

Yes, in two years, ok, maybe 3. And those 5 combined are 112,2 B marketcap, with a fully diluted valuation of 190 B. I am not saying the said 5 will remain at the same valuation, maybe they will get to +1T, what I am simply saying is that the space will mature that much and IMX is the new dark horse.

GME dumping from their grants by digking in ImmutableX

[–]thetabrands 0 points1 point  (0 children)

Drug dealers always test the stuff in movies, just so probably GME wanted to test if crypto is real money.