Last night was exciting in the Book Games world. Gary entered the VeeFriends Discord and shared the following message
He added a link to Token Trove with a filter on Wood. This caused a demand shock and the price skyrocketed. The speculation is that Patience Lava Wood token holders will be the first to mint VeeFriends 2 new characters.
There are a few lessons to be learned from this market shock. My takeaways are this:
1. Gary can shock the market with something like this at any second. You cannot predict it. The people who had tokens listed under .3 got swept instantaneously. I would not list tokens in this type of environment. The people who got swept could have sold for a lot more than they did.
2. The posts were somewhat vague. We still don't know exactly what he means. We still don't have the burn requirements for VeeFriends 2 new characters.
3. Rarity still matters. 651 Patience Lava Wood tokens were minted. There are 70 of these tokens still not in circulation (they either haven't been claimed or Gary is holding them). Only 23 of these have been burned so far. This is the fifth most common token in the entire game. Be careful when placing a premium on something so common.
Point 3 is a gem! +1 on that..
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