The new floor for Pumpopoly land is 28.45 tokens

Comments

Post a Comment

Popular posts from this blog

Holders Only Airdrop! 24 Lands For Active Users!

🏘️24 land #airdrop 🪂 🚗Active Pumpopoly landlords only!🚗 🏙️Stay active to claim your #VirtualRealEstate 🚀 1⃣Drive & Claim at least once per day🚗 2⃣Join the #Pumpopoly Discord🎁 3⃣Claim your free land!🏡 https://t.co/k9lmvmLRhw — Pumpopoly.com (@pumpopoly) August 31, 2023
Read more

Growth continues in Pumpopoly

Image
Growth continues in the city of Pumpopolis    Murgas.near has built several small townhouses. Each townhouse earns 4x rent. Other users have built hovels with 2x rental income.   Only 2 lands remain at the floor price of 4.1091. June and July have brought an accelerated rate of growth. Salaries, in-game rental income and land valuations are all up. Pumpopoly's in-game economy continues to experience growth. The game's economic model has proven immune to bearish conditions in the overall cryptocurrency market.
Read more

Understanding Pumpopoly's Tokenomics Model

Image
Basics Pumpopoly is a virtual real estate simulator built on the NEAR blockchain . Property prices are denominated in Pumpopoly tokens. Lands are bought and sold in-game with these native tokens. The token contract adheres to NEAR's fungible token standard . Pumpopoly tokens are interoperable with all platforms which support this standard. Tokens can be traded at Ref.finance for NEAR, where a swap pool already exists. Issuance Tokens are issued directly from the game's smart contract. Users can choose to purchase tokens from the swap pool or have new tokens issued. New tokens are issued along a price curve. The issuance price increases along the curve as tokens are issued. Here are two views of the curve at different zoom levels. The blue point illustrates the current price and issued volume. Figure 1. Close zoom displays a straight line of growth. Figure 2. Expanded zoom displays exponential growth Both lines depicted in figures 1 and 2 exist along the same price curve. Th...
Read more