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I found the new blue chip NFT project

So somewhere at the start of February i randomly came upon this NFT collection called Generous Robots DAO. After researching i decided to long term invest. TLDR Up to this day my $1500 investment has turned into 23,000$ within 1.5 months, and that's not even counting staking! Thats an incredible amount of success for such a short period of time for NFT collection, especially a Solana NFT.

The mint of generation 1 sold on 11th February for about $500,000 and the mint of generation 2 sold on 30th March for about $3.6m on average valuation that will be used to reinvest into the collection and burn $GEAR. There is also a breeding mechanism.

They have a $GEAR token https://www.coingecko.com/en/coins/gear which they will try to make it so that it never goes below $1. Perhaps worst case scenario it fluctuates $0.8-1.2 which is still a great value.

So long story short just by holding generation 1 i currently earn 2100 $GEAR a month, which at current price is $3150 entirely passive income. The project is mathematically designed for long term sustainability for at least the next 60 months.

I plan to breed and get as many generation 2's as possible so starting somewhere early July or August 2022, 4-5 months from now, i should be earning a minimum of 11,925 $GEAR a month. Usually gear fluctuates around $2-2.5. Lets say $GEAR does drop to, and i'll even stretch it, $0.5 as the worst case scenario. Even in the worst case scenario i'd be earning $5962.5/month passive income which is an incredible amount of money for Passive Income.

I'm not paid or sponsored to promote this project, just a cool find that i wanted to share with you guys and maybe help someone else too.

Please read their medium article to understand why this project is so valuable:

https://generousrobots.medium.com/revolu...242d1c398d
https://generousrobots.medium.com/what-i...9ff9e93b35
https://generousrobots.com/
Where is the proof that you profited 23K in 1.5 month from this? That is what I am interested in seeing.
[Image: Blockonome-Signature.jpg]
(Apr 1, 2022 03:25 AM)Blockonome Wrote:  Where is the proof that you profited 23K in 1.5 month from this? That is what I am interested in seeing.

It is unrealized profit, meaning i decided not to sell my nfts but rather hold, even though i could have sold them for that much

The ATH floor price was 18 SOL and i have 10 of them. 1 solana is about 123-127$ today, you calculate the rest
25k Twitter followers and barely 10 likes on any post
Heavily botted.

I would stay away.
(Apr 1, 2022 04:43 AM)litemods77 Wrote:  It is unrealized profit, meaning i decided not to sell my nfts but rather hold, even though i could have sold them for that much

The ATH floor price was 18 SOL and i have 10 of them. 1 solana is about 123-127$ today, you calculate the rest

well can u like show a proof when u bought them or anything??
Your passive income realization revolves around the concept that you are consistently draining your own liquidity pool. Therefore, sure you may be making a decent amount off the staking now, but eventually when everyone keeps doing the same thing you are right now the coin is gonna drop, then the project is gonna die because secondary market percentage takes aren't enough to keep the pool afloat.

Also, generous robot is not a blue chip on sol, Taiyo is practically the exact same thing, but scrap is worth more, actually used for its utility, and has a 10x floor of generous robot.
I don't think you understand what the term blue chip means.
(Apr 1, 2022 03:55 PM)SIM-5049184 Wrote:  Your passive income realization revolves around the concept that you are consistently draining your own liquidity pool. Therefore, sure you may be making a decent amount off the staking now, but eventually when everyone keeps doing the same thing you are right now the coin is gonna drop, then the project is gonna die because secondary market percentage takes aren't enough to keep the pool afloat.

Also, generous robot is not a blue chip on sol, Taiyo is practically the exact same thing, but scrap is worth more, actually used for its utility, and has a 10x floor of generous robot.

did you even read the medium article?

also taiyo robotics has 2121 supply vs generous robots 5555 supply. obivously the fp is gonna be higher and taiyo robotics exists for months while GR exists for almost 2 months
(Apr 2, 2022 12:01 AM)litemods77 Wrote:  did you even read the medium article?

also taiyo robotics has 2121 supply vs generous robots 5555 supply. obivously the fp is gonna be higher and taiyo robotics exists for months while GR exists for almost 2 months

Yeah, taiyo exists for months and has a healthy lp, because their holders don’t drain it.

This will be dead in the time taiyo has been alive
(Apr 2, 2022 09:45 AM)SIM-5049184 Wrote:  Yeah, taiyo exists for months and has a healthy lp, because their holders don’t drain it.

This will be dead in the time taiyo has been alive

You obviously didnt read the medium article nor the whitepaper. Read it first and then reply
Hey man great job on your investment. I wanted to mint a few as well but I totally forgot about it 😂. Found out a week later that it went up to 10 sol lmao. Great project imo
From bread and water to lobster and wine
(Apr 2, 2022 09:56 AM)litemods77 Wrote:  You obviously didnt read the medium article nor the whitepaper. Read it first and then reply

I know what I am talking about, thanks. Been around in sol enough to know very well how a drained lp will occur.

Edit:
1) Nobody uses their launchpad, I've never seen anyone mint with it.
2) Since nobody uses their launchpad, there isn't any passive flow of liquidity.

Stop self pamp bag and go dump on bozo or something


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