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Jihoz.ron ๐
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Ronin Market NFT volume ๐ผ
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Someone hit an Origin Axie! That's ~800 USD from a 10 dolla spin.
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Axie has been added to the Ronin NFT volume leaderboard on Ronin Market! You can see how the Fortune spin is positively affecting volume today. Many players are spinning and not reselling to the machine, meaning we need to sweep the floor more!
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The thing that you don't understand about Jin's Fortune Spin: This is potentially a very large new source of demand for NFTs on @Ronin_Network. Why? Here's how the NFTs and restocking works. 1. We sweep floors to stock the machine. 2. Users buy spins. 3. Users either sell their nfts back to the machine or hold them. 4. If a bunch of users are holding their NFTs, like what's happening with the axie machine right now, we will need to use proceeds from the machine to buy more NFTs to restock. This is a sustainable, scalable loop that is bringing the business model of physical collectible businesses onchain.
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NOOOO THE AXIE MACHINE NEEDS TO BE RESTOCKED Looks like the system + accessory prizes are working!
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Here are the top spins so far. ๐: http://bit.ly/fortunespintwt
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