Asian Disappointments — an overview
The TL;DR of Asian Disappointments is that we’re an art project with trading utilities, aiming to build a community full of like-minded people that adapts to all the coming meta shifts in the NFT market via innovative tools.
AD is a project for traders, by traders.
NANI?!?!
What is our vision?
The long term goal is to create a one-stop-shop for trading. A place where everyone can talk about anything and everything, a second home. This is precisely why we, as a team, have put so much emphasis on community building via the use of our art & vibes as opposed to promoting our tools and utilities (see below). We truly believe that the strength of the community far outweighs any utilities that anyone can offer. And hopefully, as a collective, we are actually “Gonna Make It”.
“WAGMI? Or NGMI? Either way, the disappointments go REEEEEEEEEEEEEEEEEEEEEEEEEE”
What do we have in store already?
The AD team has noticed that the current market is filled with projects that promises the world to their holders, and we often see phrases like “this is only the beginning”, “silent but building” or even just saying that utilities will come in the “near future” but not actually specifying a date.
We have decided the change things up in the utility game… Instead of just promising you guys that something will come, let us show you what we have in store for you ALREADY. We have built and currently close-beta testing our very own copy minting bot.
Essentially, our copy bot users will be able to track any wallet addresses they desire, and whenever the tracked wallet mints, our user will copy mint. The goal is that our users will NEVER MISS A MINT AGAIN.
Obviously, we as a team understand how this bot could be a threat to the whole NFTs space, and potentially really saturate the market. So, there will be measures to prevent the over-supply of our copy bot. The copy bot will temporarily be a free feature for all 5+ AD pfp holders until we have completed the private beta testing phase (2–3 weeks). We are capping the usage of the bot as such:
- 5 pfp = 5 wallets for copy minting
-10 pfp = 10 wallets
-15 = 15 (capped at 15)
After the testing phase is over, there will be subscription plans for those who would like to scale up the number of wallets in the copy minter.
(For more information about the copy bot, keep a close eye on our next announcement on this.)
“brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr” “what’s that sound?…” “is that a machine gun?” nope, that’s just the sound of AD’s money printer poppin’ off heheh
What are we building right now?
Now, let’s look at the cool things that we’re working on. First off is our Fibonacci Retrace Calculator. Essentially it is a tool to help our users find the potential bottom and catch it.
Here is an example of how the Fibonacci Retrace levels play out in NFTs:
We made the technical analysis by finding all the Fib levels that we thought will make a good reaction to the price (i.e., potential bottom). As you will be able to see in the next diagram, the price pinpoint perfectly bounced at the zones the Fib levels provided.
This is only one of the examples of our TA using the Fib levels. We as a team have back tested this trading method for the past few weeks, and so far, our calls using this method has a 100% win-rate out of 9 plays. Right? We were super impressed too heheh.
All you need to do is to input the initial local bottom price prior to the pump, and the local peak price. The calculator will output all Fibonacci retrace levels. Of course, the AD analyst team will also be giving tutorials on how to use this tool efficiently. The Fib calculator will be a Discord app available for all pfp holders in early November.
Another tool that we are working on is a profit calculator. Essentially, the users will be able to keep track of their total costs (including gas), revenue after fees, etc across all wallets. We understand that this tool is now a very common one on the market, so not as much emphasis has been put into this, and users can expect more-or-less the same quality as they would compare with other profit calculators. This calculator will also be a Discord app available for all pfp holders in early November.
There is a saying that goes “we caught the bottom. OMEGALULZ EZPZ GET REKT KID” — AD team 2022
What’s next?
Obviously, there is no telling how much demand there will be for the tools that we offer. So, FULL DISCLOSURE, we have only really invested into the functionality of the tools, and we may have slightly dropped the ball on the GUI for these tools heheh. So, if there proves to be demand for our tools, our top priority will be to hire a GUI designer for our tools so that we could provide all our users the smoothest and prettiest possible experience. Otherwise, our tools do the job just fine, just not the prettiest yet heheh.
As mentioned earlier, we want AD to become your second home. By this, I don’t actually mean that we’re going to force you to stay in AD… no no no… we want there to be a reason for you to come back to AD regardless of where you venture to next.
The AD team fully understands that sooner or later, our copy bot, Fibonacci calculator and other tools will have its competition within the tools market, and perhaps they will even make a better one than we did. But these tools that were listed above isn’t where this stops… our vision for AD is that we will adapt to every single trading meta so that we’ll be here in the long run. Think of us like Ditto from Pokémon … we will adapt to cater your needs. Free mint meta? We make bot… Secondary meta? We provide analytics… WL meta? We hire more outreach staffs… This leads very smoothly to the next point. Sustainability.
“Ugly, but practical. Just like you REEEEEEEEEEEEEE :DiCaprioLaugh: ”
HOW!?!?
How do we plan on obtaining sustainable growth?
In order to have sustainable growth for AD, the primary focus will be making AD self-sustainable in different regards. Here’s our two-step plan for this. First off, we will be setting aside a certain amount of ETH for us to run the copy bot (leading by example). The bot will be copy minting a list of wallets that our analyst team have curated for each week. After each week, the amount of ETH will be reset back to the original point that the bot has started with. The profit generated by the bot will go directly towards paying the staff team (75% for analysts, 25% for rest). (and yes, we’re that confident about our copy minting list).
The step two of the plan is to provide a subscription service for access to (1) more wallets to scale up for copy minting, and (2) access to the curated list of wallets to copy for each week. The revenue generated by the subscription will be divided as such: majority of funds will go towards the maintenance & continuous improvements of the existing bot, another portion of funds will be used for paying dividends for our equity shareholders that are entitled to, and the remaining funds will contribute towards the AD vault where it will be used for future development purposes, such as creating a new tool, etc.
*activating infinite money glitch* command: !print
WHO!??!
Who the heck are we?
“who’s the artist?” “wen doxx?” “who the heck are you?” well… I guess it’s time…
…It’s nice to finally meet you all…
the guy sitting in the chair: @nnosvin
the branding guy: @takoacnh
the man drawing shiz: @MecoSanggwp
the guy that gets you WLs: @veejet3218
the dev shiz wizards: @0xSummerClub
Asian Disappointments. A project for traders, by traders.
