A total supply of 1000 Unit NFTs is claimed to double upon completion of one cycle. You are supposed to be waiting for your turn to double the value of the Unit you hold. The same formula is applicable for the Absolute Unit NFT only that the total supply is just 1 NFT and it doubles for every purchase. Sounds wow, isn't it? Not just that..
As an alternative, Unit holders are also promised to receive an airdrop of 1-to-1 generative art NFT in the future. And the interesting fact is that the NFT itself is still in the inception stage, and so obviously no anticipated date of availability of the NFT for a free airdrop! which looks like... 👇
So our artist worked his ass off the last few days to deliver the generative NFT collection concept asap and we think it's sick!
— The Absolute Unit NFT Game (@the_abs_unit) August 14, 2021
Let us know what you think.#absunit #NFT #NFTGame pic.twitter.com/DQY0cc2kIl
NFT owners… All you could do is just hold on with a leap of faith hoping for the best, as this is all about bull case scenario and requires a bigger bull each time.
Absolute Unit
Unit
Their Tokenomics Sounds Very Interesting.
Units cost 0.8 ETH per NFT and Absolute Unit costs a whopping 256 ETH per NFT at the time of writing. Both the NFTs are independent games yet interconnected as the Absolute Unit holder gets a 1% of every Unit sold.
 The team member confirmed that both the NFTs cost 0.025 ETH at the launch and then the involvement of investors has pushed the price later to the current price!
How does it work?
The smart contract is deployed in such a manner that when a cycle completes, the NFT is sold only at double the price it was bought for.
“So if the game starts with 0.0125 ETH for the first piece, the 1001st buyer will buy it from the first buyer at double the price of what the former paid (0.0250 ETH), at an unknown date, number 1002 buys from the second buyer and so on..
You can't hold it, you should sell - that’s the game it seems!
“The smart contract moves the amount directly from one wallet to the next, when a user enters the game he pays the previous owner and gets a tracker, this tracker is then used by the smart contract to know where to move the funds next, the tracker is untransferable by anything but the smart contract” as explained by one of the Unit team members.
DeFi had Degens, the NFT market is quite young and every day we see it expanding geometrically with users flooding in with FOMO. We shall soon see new-gen millennials and ZGens apeing into projects like these.
Well, on the other side, as the mantra goes in crypto “make sure to do your diligence, assuming every project is a scam/Ponzi unless proven otherwise”.
