Revolving Games NFT Update Boosts Holder Incentives and RCADE Potential

The community was dissatisfied with the drop size for holders; the developers promised to review this. They did, offering a new scheme where locking NFTs for 30 days yields 75% instead of 50% unlock and an additional 10% to the drop. Regarding figures: before the update, RG-bytes holders within The Graph ecosystem received 43k $RCADE. Now, by locking NFTs (valued at $800), one can receive 79,200 $RCADE, an increase of 36,200 $RCADE. Other tokens like $TGT from Tokyo Beast and $NXPC from Maple Universe have market caps of $40 million and $600 million respectively. While these are uncertain comparisons, it's recognized that Revolving Games (RG) is better than the first Web3 parody game but worse than the second Web2 giant. The conservative market cap of $100 million at listing could reach $300 million, with token prices around $0.015. This implies that the additional $RCADE (36,200 tokens) could be worth at least $543. The NFTs will be unlocked on June 23rd, and a bid will be placed. Overall, nothing significantly changed; at my minimal valuation, profits would be similar to previous expectations. Holder confidence didn’t improve, as NFT prices for all three collections remained stable, although some started to sell in bids. Locking NFTs practically guarantees no further delays and a 99% likelihood of TGE happening before June 13. For low bidders, NFT prices are high, with at least $75 needed to play War of Nova. However, if $RCADE launches successfully and gains attention, the community's own token $HATCH with similar utilities could also grow.