Cabin X | Weekly Recap Week 28

Hello Cabiners!

Welcome to our 28th Weekly Recap. We hope that your favorite Soccer Team is doing well in the WC, that our members that celebrated Thanksgiving don’t have too many heartburns and that you got the items you wanted from the Black Friday sales.

Speaking of the World Cup, we are currently running the “World Cup” mint challenge where all Cabin X NFT mints that have the flag attributes from the following countries will get an extra NFT Airdropped from the Team: Canada, France, Mexico, Netherlands, Spain, Switzerland, USA, and UK. and the airdrops for this challenge will be sent to the eligible holder’s wallets the week after.

As four our “little” Black Friday mint challenge, we can say that these 2 hours were intense. Our dear Founder, The Irishman, got to bed really late to make sure that everyone that minted during that timeframe got their extra Cabin X NFT Airdropped right away.

We received a question from the community that was the following: if I get an “World Cup” eligible NFT on my Black Friday mint, does it count to get an extra NFT — YES!! And this also works if you got an eligible flag in the Airdropped NFT that you received for Black Friday… how crazy is that?

The craziest part will be to go through all the smart contract transactions to make sure that everyone receives their dues — don’t worry it’ll be done but please understand that this is time consuming on our end. If you think you are missing a drop from one of our challenges, please wait for our announcement that all drops have been completed before contacting us — we will then be able to verify everything from our end and make sure all NFTs were distributed correctly. The best way to notify us if you have an issue will be to open a ticket on our Discord channel — once again, please expect minor delays in our replies.

All these new mints brought us back on the top trending collections lists of the FrameIt platform:

  • Ranked 3rd on the 24hrs list
  • Ranked 3rd on the 7 days list
  • Ranked 5th on the 30 days list

So, yes, were doing good — here are the stats for this week:

  • 454 holders, up 9.4% from last week
  • 73% of the collection has been minted, up 39.1% from last week, total of 4239 Cabin X NFT!!!
  • Average NFT per holder is at 8.1, up 30.2% from last week
  • 8 Holders with more than 100 Cabin X in their wallet, up 100% from last week. Congrats on your Supreme Whale Status!
  • ATH at 7.77 $EGLD — same as last week
  • 6.8% of the minted Cabins are for sale on the secondary markets compared to 7.4% last week — get one of them or mint a new one here https://tinyurl.com/56smj28j

We would like to welcome all the new Holders to the Cabin X Fam, if you haven’t done so yet, make sure to join our Discord Server https://discord.gg/h5h2d77guT , our Twitter account https://twitter.com/x_cabin and if you would like to go read our past Weekly Recaps makes sure to subscribe to TheIrishman Medium feed here: https://medium.com/@theirishmannft, don’t forget to follow him to be notified when the new WR are published.

In other news, we’ve been busy working on the MESd (remember, I’m lazy and this is the acronym for our Meta Estate Staking dApp) — our head blockchain developer, Damian, has officially published our MESd on Dev Net so we will soon be doing a shout out to our community members to get you to come and test the platform — basically. The end goal of those tests will be to see who can be the fastest to break the whole thing and make us cry… well… we hope that we have done our due diligence when we have built it, but any help to find if there’s any bugs or anything that you feel would work better will be appreciated. And yes, some prizes are in line for the best contributors 😉

For now, because of the major changes in the Tokenomics behind $LKMEX, we are leaning toward using $EGLD for the rewards of the MESd, we are still exploring other options and we are still open to suggestion if you have any.

Quick reminder on how the reward system will work, it’s going to be level-based and the reward % will be defined by the amount of Cabin X NFT you will stake on the platform, I’ve also added in parenthesis how many current holders could be in each category if they would stake all their NFTs today:

  • Level 1: 1–4 Cabins (328 holders)
  • Level 2: 5–9 Cabins (45 holders)
  • Level 3: 10–24 Cabins (47 holders)
  • Level 4: 25–49 Cabins (14 holders)
  • Level 5: 50–99 Cabins (12 holders with Whale Status)
  • Level 6: 100+ Cabins (8 holders with Supreme Whale Status)
  • + the Supreme Cabin X will also generate a bonus reward % on all levels

This will conclude our Weekly Recap for the day — we hope that you will have a wonderful weekend and that the next week ahead will be good for you. And of course… stay safe out there friends.

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