District One on Blast Explained: How to Win

Level 1 - NGMI

Welcome Avatar! BowTiedBrain here to walk through the basics of DistrictOne. This is an application built on Blast and has a pretty low cost basis for starting, all of this will be explained in rank order of importance and yes we’re testing it out for future Jungle deployment if needed.

My style of writing is more bullet point oriented since IQ level is near short bus, here we go!

Part 1: What Is DistrictOne - Basic

DistrictOne is essentially a type of vampire attack on Discord if done correctly.

Right now the vast majority of crypto projects are on Twitter, Discord and Telegram. Don’t think this is any real news to anyone but the goal is for DistrictOne to try and move that mindshare to a new chatroom. Since it has not been around for a long time no one knows if it’ll work but we can walk through the opportunity here

Here are the Basics

• You have to sign up for the platform via a invite code: can use this one here

  • Yes it’s a ref link UUEAIL

• The cost is pretty meaningless at 0.005 ETH at today’s prices that is $17-20

  • After you are logged in they give you about 7,000 gems, forgot exact number, and it costs about 1,000 gems to join a chat

• Once you are logged in you can then start joining chat rooms called Spaces

Here is a SnapShot Taken Today

Here is Why It’s Likely Positive ROI to Join

To set the bar correctly, no one is getting rich off of $20 deposits and a $0.40 ref link bonus. The whole game you’re playing is Gold and Points on Blast. The thesis for why it’s worth using until May is pretty simple:

• We know that Blast wants to reward Blast native apps (check)

• We know that more of these projects are going to start chat rooms. There is no coincidence that Pacmoon launched then Juice launched shortly after and now Captain and Company is joining shortly after (check)

• We know that if you simply buy shares on day one of a popular app, price goes up ←— more on this later (check)

• We know that all of the OLE acquired by the dapps will be redistributed to users since they will make some small money as well by using DistrictOne instead of Discord (check)

Add all that up and you can gather that logging in and participating once a day is going to net you a return. You don’t need to do more than one interaction a day and this will probably get you a large amount of gold and points relative to your 45 seconds a day of effort.

As a point of emphasis it says relative, meaning that you put in say $1,000 and some time you will probably get a least a multiple on that such as 2x. Similarly if you just do the minimum with $20 you probably get $50 in the end for doing practically nothing. These are just back of the envelope calculations made over the last 48 hours

Part 2: More Advanced - Trying to Win

At this point you have the basics, if you just join and enter a few chats, you’ll probably lose your $17-20 and then get $50 worth of airdrops by the time Blast is done with all the distributions. This assumes you login once a day to just click around in a few chat rooms.

We’re guessing most don’t care about the bare minimum, for that we’ll move on to more advanced strategies and how to win

Moving Parts Explained

• Gems are the green items that are the least valuable of all assets on District One. If you are a user/participant every 2 weeks all the gems are converted to $OLE. Not sure what the ratio is but we’ll find out soon (source)

  

• OLE is the native token for DistrictOne and this is worth about 9-10 cents right now. It will go up and down based on how many people are joining/creating chat rooms and buying/selling shares

Source

• Whenever someone buys a share in a chat room, they are effectively buying OLE tokens. You can buy a share with OLE tokens but if you buy with ETH it is just zapping it to OLE tokens. You know this because if you sell a share, you can’t sell to ETH. You have to sell to OLE, then go and swap that for ETH on Thruster which is another blast Dapp

How to Game the System!

Alright you should be all ramped up and ready to go at this point. You might need to read this post a couple times because the User Interface looks like someone one Acid made it. That’s good news for you because by the time people figure out what is going on it’ll be far too late anyway

I’m going to assume you want to know how to max it out, we start there and end with basic ways to do it and save time.

Trying to Max Out

• SOLE - Red Box: If you just joined and your plan is to try and farm the airdrop hard, then you can purchase the SOLE boost. This will 3x all of your points on the platform. You may be wondering why i’m even bothering, for a sob story stuck at my computer for a few weeks so decided this would serve as entertainment for now - you can find me in the Pacmoon chat for a couple weeks to discuss anything you like from alpha to tax to DeFi

  • Click on SOLE, zap about 8 OLE to stake and that will 3x your rewards on all the claims, orange box

• Claims - Orange Box: Got lucky with the screen grab! As people buy and sell shares or the host gives out gems, a pop up box shows up. The pop up box is someone buying shares in the Pacmoon chat. When this happens if you click it fast, you get an OLE bonus. To avoid any confusion, the gem airdrops are all green, the share airdrops are all purple, and they show up exactly like that as the next message in the chat room. Click and pray!

• Shares - Purple Box: This is where you can buy shares in the chat room. The shares will give you benefits which include part of the trading fees when people buy/sell and the ability to click on the purple share airdrops. If you don’t own any shares you don’t get fees and you don’t get the ability to claim any purple airdrops

• Activity - Green Box: This is where the magic happens. If you think through the logic, when a new popular chat room opens this means people are going crazy buying a bunch of shares. Since we know buying shares means buying OLE, it will spike the price of OLE. You saw this with the Pacmoon launch and you saw it again yesterday with Juice launch and now you’re seeing it a third time with Captain launch

• If you see a bunch of new popular chat rooms launching, you need to sell your OLE into the strength. Once the new chat room has around 100+ shareholders, you can then wait 30-60 minutes and rebuy your ole

  • If you look at the OLE chart posted here you can see the spike when Juice launched and the spike when captain launched. Spike and then down 10-20% then wait until next chat hype

Only Go to Popular Chat Rooms: There is basically no point in being in the chat rooms with limited activity. The top 5 or so are going to be where the action is. If the chat room has a lot of activity it means you will get more gems, more ole, more fees if a shareholder and more boost points - the 3x multiplier or 6x multiplier if shareholder + sole combined

• Join popular chat rooms with lots of buy and sell activity, click and accrue more points

• Be active and useful in the chat you’ll get more gifts from the host

• If you’ve got a lot of downtime you should own the shares and own the sole because you’re going to get a large 6x boost on everything you are doing

Part 3: Recap and Questions in Pacmoon Chat

If you are on Blast it is unlikely you lose anything by doing the bare minimum. By joining for $20 and then joining a top 5 chat it is going to be hard to lose when you acquire a bunch of gold/points and some OLE

• Bare Minimum: Put in the $20, put your 1,000 units of Pacmoon into the chat from the free airdrop mentioned a while ago and simply interact

• Medium: Choose one major chat to focus time on within the top 5, put in the $20, buy the SOLE and buy 1 share - total cost probably around $1,000. After all of this you should accrue fees/click a bunch of claims and be free rolling after about 2 weeks

• Advanced: Put the $20 in and wait for a major chat to launch. You’ll see it in the top right. Buy it ASAP and then you can probably run up a fast 3-4x. After you do that you can use the proceeds to start playing the game maxed out - join multiple chats, buy multiple shares, have your sole boost and constantly click around. When you see a new major chat open, sell your OLE ASAP, wait 60minutes and rebuy it on Thruster. The 15% move is net positive for you since the cost of everything is around 4%

  • Doubt most have time for this but just explaining the full crazy mode

Per usual, none of this is financial advice and this is meant to be informative and opinion oriented. Following the incentives here is the biggest part and the real risk is that OLE price goes down tremendously. The bet you’re making is that no matter what happens, since it is popular now the gold/points you get will neutralize the $20 to $1,000 you risk on the platform. I’m expecting to at least do a 3-4x on all activity on a few thousand dollars of risk, this of course is just an opinion and speculation

If you have questions on DistrictOne you can leave it in the comments. If you want to get real time questions related to anything else you can find me in the Pacmoon chat for a couple of weeks. I’ll be active there until about April 10 or so for tax szn.

Once again here is the ref link (here - UUEAIL) if needed and hope you enjoyed this post!

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Before Signing off:

There is something called Rally that happens every 2 hours. This was not covered here because it requires a fast internet connection to be truly competitive. If you’re in a location with ultra fast internet such as Asia or a Direct line in the USA you can get even more rewards by rallying and clicking the button every 2 hours.

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Disclaimer: None of this is to be deemed legal or financial advice of any kind. These are opinions from an anonymous group of cartoon animals with Wall Street and Software backgrounds.

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