[ EPC Airdrop! ] We've Never Seen Such Distribution Before!
Rapid Distribution With Airdrops!
The EpicDice team is currently working on mobile support via Steemconnect and one could easily think that they would do one thing at the time... But no. This hard working team is here to deliver epic updates on a regular basis and along with the current development of mobile support, they also aim to execute airdrops!
The public has very limited information on the details regarding the airdrop at this moment, but you can definitely expect to see large amounts of EPC tokens flow through the veins of the blockchain straight into users accounts in the coming days.
While I spend my time on the front row, to have perfect view on the on going show, I am truly amazed to see all the outstanding features EpicDice delivers. I don't know, but EpicDice might actually be the fastest growing gambling dApp out there with daily dividends of ~700 STEEM three days in a row. The most recent official announcement, Bombarding EPC players with STEEM, was published 5 days ago.
We've seen 4 EpicBombs and 0 EpicNukes since that day and I obviously wrote about this previously, and you can find my article here: EpicDice Launches NUKES And BOMBS That Will DESTROY Tokens!
Like I said in my previous article:
"Only 4.080% of the tokens are circulating, which means that those have been distributed to users. Without nukes and bombs, we can already see a burnt amount of 4.483%. That basically means that these tokens have become invalid, or deleted. This is the good news for token holders and people looking to jump onboard."
While I'm writing this, we're up to a circulating amount of 4.425% and 5.631% burnt tokens. That's a 0.34% circulating increase and 1.14% more tokens have been burnt during these past 5 days.
What To Expect?
While we can clearly see that the value of EPC tokens have increased during these last few days. From the average price of 0.00008-0.00010 per token to a splendid 0.00012-0.00018, I expect the price to go down before it eventually will rise again...
I have no insider information and I can obviously not foresee the future or anything, I can also not affect the fluctuation or price in any way so what I have said here is based upon my own experience, ideas, thoughts and my own gut feeling.
Why do I believe that EPC tokens will be worth less?
First of all, I said worth less, and not worthless, so make sure to read that carefully. I think the price will go down due to the much expected airdrop that will be announced shortly, but it's more to it than that. Even though the distribution rate will increase rapidly due to the airdrop(s), we see more and more users earning tokens through gambling on site.
The more tokens there is, the less value it will have. It's the typical "golden rule", but EpicDice does tremendous things to keep the price of the tokens highly valued with their burn mechanism. However, I personally believe the price will go down to it's former price of ~0.00008 per token until the burn rate has increased to ~6%.
Will You Be Here For The Airdrop?
---> EpicDice. <---
Hope you get a lot of these airdropped tokens so the don't dilute your large supply. I also hold well over a million tokens and am concerned.
Posted using Partiko Android
Airdrop supply coming directly from the house holding(@epictoken). No dilution should be expected to current holdings at all.
@hitmeasap Cool post!
Well, I have as much information as you right now, but I doubt they'd do anything to mess up the current holdings. If something, I think they'd do some sort of "bonus giveaway" if that makes any sense?
I mean, judging by the daily bet contest and many other updates we've seen so far, they don't seem likely to just randomly hand out millions of tokens to everyone. So I think the airdrop will be more like some sort of giveaway. They could easily have given out millions of tokens via the Daily bet contest, but they decided to keep it lower than what I personally expected, and that was something I was really happy to see.
You're right it's just speculation. They have to know that most people here don't gamble and giving them tokens just dilutes the pool. I'd like to see a POS system where staking tokens gets you daily proportional 'airdrops' of EPC along with your divs.
Posted using Partiko Android
I like the fact that it remains liquid so I could be as low as possible for dividends. With the ROI we are currently getting, EPC should be around 0.0068 Steem... Given the supply is maintained with the burning and minting new tokens.
Great, now I gotta look into this epic dice game. This blockchain is buzzing with activity lately. Between this, palnet, and splinterlands it looks like I picked the right time to come back. Glad to see you're still posting away. How have you been dude?
Hey man, long time no see! I'm doing pretty good, School starts in August again so I'm actually eager to continue. I think the summer break is too long. How about you?
Mostly same s*** different day... Trying to get my wife's health issues figured out. If I can get that straight, everything well be good enough.
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