BCH Guru NFTs Wave 2 Complete - Airdrops And Price Predictions Game
With CashTokens, Bitcoin Cash is now Web3, enabling tokenization, DeFi, NFTs, prediction markets, and infinite smart contract possibilities.
BCH Guru is the prominent NFT collection on CashTokens Bitcoin Cash.
While interest in NFTs (in all networks) has hit rock bottom we still find BCH Guru with an original concept that goes beyond the art factor and the potential to become a popular NFT collection in all of the cryptocurrency sphere.
Token airdrops and the launch of the price prediction game will start in the following days.
We focus on the latest updates of the top NFT on CashTokens and the new concept it introduces.
BCH Guru News
The latest batch of BCH Guru NFTs was sold out during the second wave. At present, 4,000 NFTs have been minted (out of a total of 10,000), with three additional waves yet to come.
The next phase will now begin which involves:
The DogeCash tokens airdrop (October 25th)
The FURU tokens airdrop (November 1st)
The On-chain price predictions game
Currently, the only way to get a Guru NFT is by trading on Tapswap.cash.
Tapswap is the decentralized NFTs and FTs market for CashTokens and can be accessed using the browser extensions of Paytaca or Zapit wallets (similar to Metamask) and soon WalletConnect.
Besides the NFT collection, the FURU utility token, and the predictions platform, BCH Guru has also offered high-quality music and videos.
DogeCash Airdrop: October 25th
Dogecash is a token created by Mathieu Geukens (BCH dev) as a meme token and will be distributed via airdrops and giveaways.
On October 25th, there will be an airdrop where one million Dogecash tokens will be distributed for every NFT.
Dogecash is traded on Cauldron DEX.
FURU Airdrop: November 1st
FURU tokens will be distributed to all Guru holders according to the NFTs each BCH-CashTokens address holds and several specific traits and combinations for each collection.
Guru holders can find out how many FURU tokens will be airdropped into their CashTokens accounts here:
FURU tokens will be used in the price predictions game and it will allow token holders to place predictions without paying platform fees.
Once all 10,000 NFTs are minted, a second FURU airdrop will take place.
Currently, the token has no LP on Cauldron DEX (CashTokens exchange). The team has announced it will not provide liquidity either, but most likely token holders will.
The Price Predictions Game
On-chain price predictions will soon apply on the BCH Guru platform.
FURU owners will have to predict the price of BCH and other cryptocurrencies.
For the beta phase, only FURU tokens will be used.
BCH will also be accepted once the beta phase ends, however, BCH Guru will require paying platform fees when placing predictions using Bitcoin Cash.
Thus, using FURU tokens for placing bets comes with the advantage of paying no platform fees.
We will explore and review the predictions game when the beta launches.
Dividends Shared to NFT Holders
A percentage of the daily volumes on the price predictions game of BCH Guru will also be shared as dividends, although we should expect the exact details about divs in the following months.
The team mentioned that the dividend will be 2% of the total volumes to be shared daily with the 10,000 NFTs as a total.
TapSwap Floor Price And Trades
(source)
The floor for common NFTs stands at 0.11BCH. Trades right after the second wave ended increased.
(source)
Gurus traded on Tapswap reached a total volume of 172.86 BCH (at the time of writing), with 330 NFTs changing hands.
Nonetheless, we observe how the floor price for the common Gurus dropped significantly in the second wave, which happened as traders were offloading commons that didn't add a multiplier to their collections.
Still, the floor of common Gurus recovered and the price is now back to the mint, indicating a high existing demand.
Maybe volumes in all NFT collections will increase significantly when a bidding option is available on Tapswap.
Reception And Expectations (Conclusion)
(source)
BCH Guru attracted several more followers during the second wave, but the mint took longer to end.
The project can be successful in the long term since it offers a decentralized service of price predictions that brings fair opportunities for all.
The market will determine the price of FURU, and the price will also reflect the utility of both the token and the BCH Guru platform.
With the predictions game up and running, perhaps the next three waves will also find a warm reception.
It would be beneficial for CashTokens to establish flagship projects and attract a strong user base through them.
Donations
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