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Wall Street ChadsWall Street Chadsby0xefa73f7826FbF95e73ea4d9E416E1F2baA03568F0xefa7…568F

Sir, this is not a casino! 1 or 2 x Junior Slotie NFTs for the JACKPOT!

Voting ended about 4 years agoSucceeded

Goooooood morning Chads and Stacys!

Today, I am feeling lucky punks!

I would like to propose buying 2 if possible, but if we are strict on the 1 ETH limit and the price is too much at time of purchase then just 1 Junior Slotie NFT.

Current Floor Price is 0.59 ETH - so 1.18 ETH for 2 currently or just the 1 would be within limits.

What are Sloties? (https://www.slotie.com/)

Sloties grant holders access to the new world of Defi Gambling. This NFT provides owners a share of commisions (approximately 12%) across all online crypto casinos implementing a Slotie themed game. Currently Slotie NFTs sit at around 1 ETH floor price and users are starting to see dividends from the current online partnerships already at hand. The second generation of Slotie has now been released (the Junior Slotie) and comes with slightly different benefits. The gambling market is a high risk high reward industry, so this NFT does come with regulatory and licencing risks.

Sloties current trading volume on OpenSea sits at 7.2k ETH and 510 ETH in the past week.

What benefits do Junior Sloties come with? (https://junior.slotie.com/)

"Every Slotie Junior gets a plot of land in SlotieVerse’s Slotie Junior District. The Slotie Junior District is a group of adjacent land plots where each parcel is owned by the Slotie Junior holder (a total of 10,000 land plots). It's fully autonomous and one of the hottest areas in SlotieVerse which is under full control of the Slotie Junior community. The community can decide if they want to rent out the parcels, develop the land, or anything else they imagine. It is controlled by a smart contract where the community can vote and make big decisions. The Juniors community controls 100% of the income of the district.

SlotieVerse all started because of the Slotie community–and everyone has to know about this–which is why around the Slotie District there is a Wall of Owners featuring 10,000 statues of each unique Slotie Junior. The statues are owned by the holders of the Slotie Junior and they can name the statues after themselves. Every visitor of the city will be able to see the name under the statue."

Holders of Slotie Juniors are rewarded with their well-deserved Exclusive Holder Rewards (EHR) from SlotieVerse. As the project grows it generates extra utilities for the Junior holders. In SlotieVerse EHR is generated from:

‍SlotieVerse marketplace. SlotieVerse marketplace is where users trade with different assets: 3D objects, new casino games, new artworks, etc.

‍Slotie Juniors’ Slot Machines. 50 Slot machines are placed in the Slotie District. Slotie Juniors earn different amounts of EHR from the slot machines by becoming liquidity providers, or just being holders of the Slotie Junior.

It’s like having an embassy in a different world. Slotie Juniors will own land in Sandbox, which will be developed as a casino, and this casino will serve as a bridge to SlotieVerse. The Sandbox land is managed by the Juniors’ DAO. Part of the funds collected from the Juniors sales and royalties collected from Opensea will be spent on the Sandbox land development."

What is my suggested strategy?

I am bullish on a metaverse casino, as an avid degenerate, gambler and investor if navigating through the regulatory landscape correctly I believe Sloties could seriously sky rocket in value. I propose we hold this for 12 months.

The desired time to review our exit, which I believe is sensible for all my proposals will be at 100% profit. We can hold a vote to decide whether to HODL or cash out based on the corporations feel for the NFTs at the time, but I do think this has potential for higher value with the rewards that come with holding (commision share, sandbox land etc.)

Should we see issues in the gambling metaverse landscape, I suggest we hold a review to sell if we see a 50% drop from the purchase price.

Why Junior Sloties?

  • Currently post reveal so chance for a rare Junior Slotie
  • Gambling = big revenues
  • Sandbox Land ownership will add value to the NFT as time grows
  • One of the leading names in Gambling/Metaverse NFTs
  • Commission share with an ever growing list of partnerships with crypto casinos
  • Solid track history with first generation NFT and value growth
  • Future partnerships outside of gambling to increase brand exposure
  • Strong trading volumes

Potential Risks

  • Regulatory Landscape
  • Roadmap goals not achieved by team

Off-Chain Vote

For
246 95.7%
Against
9 3.5%
Abstain
2 0.8%
Download mobile app to vote

Timeline

Feb 24, 2022Proposal created
Feb 24, 2022Proposal vote started
Feb 28, 2022Proposal vote ended
Oct 26, 2023Proposal updated