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Yesterday was a crazy day in the Book Games world with 1,379 tokens sold and floors rising rapidly. I'll be digesting all of what happened and will try to bring you insights through the data. If you have any specific questions about the data, leave a comment.
Here's what we know based upon the VeeFriends Blog Post today:
1. VeeFriends 2 token supply will be 55,555.
2. A raffle will be held on April 5th, 2022 of all Book Games Tokens. 32,000 winning tokens will be selected. If your wallet holds one or more of those winning tokens, you will get the corresponding number of whitelist spots for early minting of VeeFriends 2 tokens.
3. If you don't use your whitelist spot during the pre-sale, it will be forfeited and go to the public minting process.
4. The price of a VeeFriends 2 token will be about $1,000USD.
What we don't know:
1. Of the 55,555 supply, how many will be new characters?
2. When will the fire-sale for VeeCon tickets take place and what will be the price?
3. Exactly which tokens are eligible for the VeeFriends 2 new character minting process?
Timeline for next couple of months. Order based upon Gary hints in VeeFriends Discord:
1. VeeCon ticket fire sale / burn
2. VeeFriends 2 whitelist raffle (April 5th)
3. VeeFriends 2 whitelist minting (12.5 days in duration)
4a. VeeFriends 2 public minting
4b. VeeFriends 2 new character burn (happens during public mint per Friends List Breakdown Live Now)
BREAKING NEWS
The odds for the VeeFriends 2 Whitelist Raffle have been announced. Each token will have about a 26% chance.
Here is a chart to show what your odds are of getting at least one whitelist spot based upon the number of tokens you hold. You have over a 90% probability if you hold at least 8 tokens.
I was hard at work crunching numbers again this morning. I wanted to speculate on how many tokens could possibly be burned for VeeFriends 2 new characters. What if everyone who had a set of 5 matching frames was able to burn for a new character and they decided to do so? What if every wallet that had multiple sets of 5 was able to burn? For example, there's a wallet with 50 Rainbow frames -- what if they burned all of those for 10 new characters? For purposes of this exercise, I stopped counting at 10 new characters.
As you can see in the table below, it works out to a whopping 27,140 tokens burned! This is over 22% of the current token supply.
To be honest, I don't think it will be possible to burn this many tokens but to put things into perspective, there are only about 11,000 tokens currently available for sale. Even if 5,000 are actually burned it's going to significantly alter the overall supply of tokens.
Players continue to gather matching frames. Here's a total of the number of wallets with at least # of frames. I wanted to start with 4 to show that many players are very close to getting 5 matching frames. I also wanted to show 10 because those players could potentially get 2 new VeeFriends 2 characters (although this hasn't been confirmed).
It's been a crazy few days in the Book Games world. We're eagerly anticipating a VeeFriends 2 minting rules announcement. We expect to hear more on Friday. I just pulled a list of best values. The sales have been happening quickly so I pulled in the top 100 Rarity Price Ratio tokens for sale and sorted on price. The best deals move fast so some of these may be sold by the time I post this. Gone are the days where you can get a less than 1 of 100 token just above the floor. You've got to pay more now. Take a look at the Curiosity/Gold/Caviar selling for 0.2954 (these are the Immutable X prices which is still cheaper than Token Trove).
By the way, there were 466 sales on Tuesday. That's the highest number since February, 8th!
I was planning to post my best values today but the sales of bargains are happening too fast right now. To illustrate this, here is a table that shows the number of Book Games sales by day. There's been a noticeable increase since last Friday and I expect the volume to increase this week as we get closer to the announcement of VeeFriends 2 minting rules.
If there's a specific question you have about the data, leave a comment and I'll try to answer it.
