Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
that $3 dollar minimum is why i said if $3 price is broken then only choice is another reverse split to get stock comfortably above listing minimums.
just noticed AGNPD losing $4. if it doesn't hold 3 they may have to do another reverse split to qualify for any uplist. then likely do the offering after. here is a link to uplisting guide. admittedly it's kind of confusing. https://listingcenter.nasdaq.com/assets/initialguide.pdf
wonder if it was a cruel joke symbol change to AGN-P&D. kal is ruthless.
i notice that LQAVF market cap is $24M vs SMURF mkt cap at $200M. though i do love SMURF and own it much lower.
but the point is at $24M valuation there is a lot of room to run imo.
plus today's news seems significant.
Oasis Digital Studios Exercises Option to Acquire 50% Ownership of Aftermath Islands Metaverse
https://finance.yahoo.com/news/oasis-digital-studios-exercises-option-141000357.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
some interesting Metaverse news for digital real estate. LQAVF now has 50% ownership in Aftermath Islands. stock looks like a mini SMURF less the alt coins. looks interesting here is the release.
https://finance.yahoo.com/news/oasis-digital-studios-exercises-option-141000357.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
SMURF won't be under radar for much longer with WSJ artricles popping now.
love this quote from SMURF CEO!
"This is like buying land in Manhattan 250 years ago as the city is being built," said Andrew Kiguel of Tokens.com.
it also says 30 days PRIOR TO LISTING. so kinda have to know listing day to count back 30 trading days. but i think the point that volume criteria has been met is valid.
it is of note the OTC volume requirement to qualify;
In addition to the above requirements, if the security is trading in the U.S. over-the-counter market as of the date of application, the security
must have a minimum average daily trading volume of 2,000 shares (including trading volume of the underlying security on the primary market
with respect to an ADR), over the 30 trading day period prior to listing, with trading occurring on more than half of those 30 days,
in November so far we have traded almost 81,000 shares. possibly 1st time over.
The Sandbox Alpha launch today should bring much attention to Mana, Decentraland, Tokens.com, and the Metaverse in general this week.
also see that Shiba Inu may be getting into gaming with new hire from Activision. SMURF owns a billion Shiba.
https://www.benzinga.com/markets/cryptocurrency/21/11/24321656/shiba-inu-partners-with-former-activision-executive-for-a-shiba-inu-nft-game-metaverse-eff
a ton of news flow this week and into end of year. SMURF should see a great run once it closes above 3 area. no resistance at all above there.
The metaverse is a $1 trillion opportunity, crypto giant Grayscale says as virtual land sales boom
A $1B valuation for SMURF doesn’t seem unreasonable imo…
https://www.businessinsider.com/metaverse-1-trillion-opportunity-grayscale-virual-land-sales-decentraland-2021-11?amp
Crypto giant Grayscale said the metaverse is a $1 trillion annual revenue opportunity.
It comes as pieces of virtual land inside metaverse projects have sold for upwards of $2 million.
Grayscale said the metaverse is a big opportunity for the crypto world, with investment accelerating.
The metaverse has the potential to become a $1 trillion annual revenue opportunity across the worlds of advertising, digital events, e-commerce and hardware, according to a new report from crypto giant Grayscale.
Grayscale's report, released Wednesday night, comes during a surge in interest in the metaverse after Facebook officially changed its name to Meta as it focuses on the virtual immersive world it says is the future of the internet.
This week, there have been early indications of the potential size of the metaverse economy, with parcels of virtual land inside crypto-based metaverses Decentraland and Axie Infinity selling for more than $2 million.
The metaverse refers to a range of online 3D virtual environments, in which people can play games, build things, socialize, work and even trade and earn crypto assets.
The most well-known individual metaverses right now are in gaming, with Fortnite and Roblox booming in popularity over the last few years. Grayscale estimated that revenue from virtual gaming worlds could grow to $400 billion in 2025, from around $180 billion in 2020.
Yet Grayscale, which runs the world's biggest cryptocurrency fund, said the metaverse is still "in its early innings." It said Facebook's plans to spend $10 billion this year on the metaverse is a sign of the potential of the market.
"The market opportunity for bringing the Metaverse to life may be worth over $1 trillion in annual revenue," the report said, although it did not specify a timeframe.
The report's authors, Grayscale's head of research David Grider and research analyst Matt Maximo, argued the metaverse is a huge opportunity for crypto companies.
Many current metaverse projects, such as virtual realities or games, are run by so-called Web2 companies, which are centralized and operate for profit. Facebook, which has launched the virtual reality space Horizon Worlds, is an example.
But increasingly, metaverse projects are created on or are heavily tied to crypto technology, which can give users more control and allow them to earn money that they can use in the real world. This is known as the Web3 metaverse.
Grayscale listed the opportunities for monetization of consumers within the Web3 metaverse. These include art galleries launching NFTs, games and casinos where players win crypto, digital advertising billboards, and music venues where DJs and artists hold concerts.
In the third quarter, total Web3 and NFT fundraising hit $1.8 billion, out of overall crypto fundraising of $8.2 billion, Grayscale said. It added that investment has "recently started to accelerate."
Grayscale's report focused on Decentraland. In that metaverse, people log in to play games, earn the native cryptocurrency mana, purchase NFTs including virtual land and collectibles, and vote on the governance of the economy.
The crypto investment company recently created a Decentraland trust that invests solely in mana. The cryptocurrency is up around 550% in the last 30 days, according to Coingecko.
Article about what top VCs think of metaverse and potential opportunities.
Spoiler alert: several 5 of 5 rankings
https://www.geekwire.com/2021/we-asked-seven-venture-capitalists-if-the-metaverse-is-the-next-big-thing-or-just-a-lot-of-hype/
SMURF has a shot at ALL TIME HIGHS TODAY!!
Metaverse Group has snapped up a lot of land and has said it has no plans to stop buying plots of metaverse land across various metaverse platforms.
https://cointelegraph.com/news/nifty-news-2-5m-virtual-land-sale-metasoccer-raises-2-2m-cryptodragons-get-egg-cited?utm_content=buffere1a15&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://coinrivet.com/tokens-com-snaps-up-2-4m-worth-of-digital-real-estate-on-decentraland/
Tokens.com snaps up $2.4m worth of ‘digital real estate’ on Decentraland
The plot of land sits in the heart of 'Fashion Street', an ever-popular space within the Decentraland metaverse
Digital asset investor Tokens.com has completed the $2.4m acquisition of a plot of ‘digital land’ within the Decentraland metaverse platform.
The purchase was for a ‘116 parcel estate’, or plot of land, in the ‘Fashion Street Estate’ district within Decentraland. The platform completed the buy via its subsidiary, Metaverse Group – a “real estate company focused on the metaverse economy”.
Decentraland noted that the plot purchase was the “largest metaverse land acquisition” to date, and marks the growing impact and popularity of the ‘Metaverse‘ and gaming within crypto.
The purchase was made using 618,000 MANA, the native token used as currency in Decentraland.
MANA is used to buy, sell and develop ‘land’ within Decentraland, which is similar to a unique ‘virtual property’ within the platform. Ownership of land can be then documented and verified on the Ethereum blockchain like an NFT.
Plots of land are then divided into 16×16 meter ‘parcels’, which can be identified using X and Y coordinates. The ‘estate’ will be developed further to host fashion shows and commerce stores within the ‘digital fashion’ industry.
The Metaverse Group also plans to forge partnerships with “several existing fashion brands looking to connect with new audiences and expand their ecommerce offerings within the metaverse”.
Sam Hamilton, Head of Content at the Decentraland Foundation, commented on the importance of fashion within the expansive metaverse space.
“Fashion is the next massive area for growth in the metaverse,” he said.
“So it’s timely, and very exciting, that Metaverse Group has made such a decisive commitment with this land purchase in the heart of Decentraland’s fashion precinct.”
Market cap atm is 10m. When new nvidia machines installed Roman tweeted that revenue will be greater than 130k/month. That’s as much revenue in ethereum alone as they did all last year. And the AdvancedGG deal is $1000/month/store, which multiplied by say 30-ish is another $300k+. Add it up and WINR should have revenue is 3.5-4M range before any corporate center count growth, which they have said is going from current 16 to 45 over next 12-18 months. Also revenue grew 350% YoY last year.
Assuming 0 growth from last years numbers(unlikely imo) and if corporate adds only get total to say 30 centers, you are looking at WINR trading something less than 2x Sales. Maybe only 1x sales. If they follow through on plans completely or exceed expectations, WINR will very likely have higher revenue in the coming year than current entire market cap.
And we haven’t added anything for LoL franchise or Flamengo subsidiary. Not to mention monetization of social media etc. But as we have seen it only takes 1 motivated seller and none of this matters until a liquidity event or they are completed. Definitely think all weak hands are likely out at this point
New SMURF ceo interview!
https://tv.tokenmetrics.com/player/25341/stream?assetType=episodes
The only thing misunderstood here is the magnitude of the dilution. .000125 is the price ahead
FYI news yesterday that WINR upgrading all PCs to Nvidia 3090 GPUs for gaming and crypto mining. 80 so far, plans to replace 500
https://www.globenewswire.com/news-release/2021/11/19/2338324/0/en/Simplicity-Esports-Signs-Equipment-Loan-to-Purchase-New-PCs-with-NVIDIA-3090-GPUs-for-Gaming-and-Cryptocurrency-Mining-in-its-Esports-Gaming-Centers.html
Tweet about expected revenue once completed;
$20k on only 80 machines which is a fraction of our over 500 in corporate owned, non-franchisee owned locations. Once all of our existing machines are upgraded to 3090’s it should be over $130k/month, based on current #Etheruem prices. Currently cash flow, but considering LT hold
— Roman Franklin (@Roman_Franklin1) November 19, 2021
99.5%. To be exact.
A r/s doesn’t impact the dilution that is and will continue to occur. Actually the higher share price makes it easier to dilute shareholders. Pays to read filings, sold immediately after reading the massive dilution in the deal. Lost a little on the trade but sale was still above .02, which is light years away compared to today’s prices.
This is a lesson in dilution. All those that said it didn’t matter because the stock was restricted, observe.
When full 99.5% dilution from deal is in the stock should take the price down to .000125. Maybe not exactly but very close to that number. So that another 60-70% downside from current prices. Gl
WINR will likely qualify for the Nasdaq Capital Market under the equity standard. And the possible areas they don’t currently meet requirements will be satisfied as part of the uplist offering. Namely number of shareholders(need 300, from pg. 36 of prospectus; As of November 12, 2021, there were approximately 134 record holders of our common stock and 61 record holders of our warrants.)
and unrestricted publicly held shares(need 1M, currently at 828,000 according to OTC Markets)
Thought some facts vs people whining might be helpful.
Here’s a link to the listing guide so you can know what you are talking about in the future. Cause atm it seems like you don’t. https://listingcenter.nasdaq.com/assets/initialguide.pdf
The Nasdaq Stock Market has three distinctive tiers: The Nasdaq Global Select Market®, The Nasdaq Global Market® and The Nasdaq Capital Market®. Applicants must satisfy certain financial, liquidity and corporate governance requirements to be approved for listing on any of these market tiers. As illustrated in the following tables, the initial financial and liquidity requirements for the Nasdaq Global Select Market are more stringent than those for the Nasdaq Global Market and likewise, the initial listing requirements for the Nasdaq Global Market are more stringent than those for the Nasdaq Capital Market. Corporate governance requirements are the same across all Nasdaq market tiers.
I’m saying I wouldn’t be surprised in this environment when SMURF is in the 2 hottest areas atm, alt coins and the Metaverse. Not to mention the ceo has already done this with HUT, which has a 2.5b valuation currently.
A $1 billion dollar market cap would be over $13/share. That’s not unreasonable imo.
Because MMs are short from spike day and now are trying to get their stock back down here.
Only company I know that is in coins at all besides smurf is winr. winr has the largest esports center footprint in North America and uses the computers not in use for gaming to mine ethereum. So essentially they are accumulating ethereum 24/7/365. It’s very thin because of micro float and I am expecting it to uplist to Nasdaq litterly at any time. Full disclosure there is a deal coming with uplist, and imo underwriter is leaning on it ahead of the ipo to Nasdaq knowing the price. but once past it has lots of revenue streams kicking simultaneously. gl
I didn’t include Facebook because that sort of goes without saying and I am not a fan of zuk tbh
imo SMURF is the only and best small one. besides tokens.com there is LQAVF, which owns Oasis Digital Studios, a wholly owned subsidiary, and signed an agreement to be the exclusive agency for the sale of virtual land and items in Aftermath Islands, a metaverse currently under development ahead of launch in mid 2022.
Otherwise the stocks I know of are large cap; RBLX U VRAR FSLY MTTR
VRAR is also pretty small market cap that I like. They actually own about 10 companies
And long term compounding is how real money is made.
That’s smart. Then let patience do it’s thing
Why are people whining the stock is up in a down market
And congrats to all the strong hands holding from below $1. Still strong here no reason to sell imo
Or even better liberating ourself’s from our mind
The metaverse has nothing on meditation and enlightenment
Watch Ready Player One on HBO. Spielberg movie. Totally about Metaverse.
Yeah. They both are in an uptrend.
Crypto