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- SGB to $38.34?!?!
SGB to $38.34?!?!
Well hello again!
Today we bring you:
A CEN Update
Ad Revenue…
How High Will SGB Fly?!!?
CEN Update
We are still here, thank you for all the DMs…
During Q3 2023 we explained our logic for how CEN should move forward, mainly through advertising revenue which relied on subscribers clicking ads…
Well, only a tiny percentage of folk who opened our emails actually clicked the ads, which is fine, come for the Flare news, that’s why we’re here…
However, the CEN model is to generate advertising revenue then distribute that value to you guys in the form of rewards. Without ad revenue we can’t sustain the project.
No dramas, we have a plan…
Our copywriting efforts are now generating additional income through targeted articles and blogs.
The income from these articles will be used to buy CEN tokens on the open market. Just as we origionally intended, value earned from the project will go straight into the CEN token.
The advertising revenue earned through Q3 2023 was used to purchase SGB, this SGB will be used to purchase CEN once F-Assets are launched on Songbird and SGB has appreciated in value.
As we are posting content elsewhere we will deliver less emails to you here, instead of regular news updates we will send you reports and updates as and when we have them, but fear not, we are busy in the back ground generating that sweet ad revenue to plough into CEN.
If you would like to support the CEN token you can help by clicking ads in our emails, a simple click will add $1 to the CEN rewards pot, no purchases or sign up necessary…
Speaking of Ads…. 👇
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How High Will SGB Fly?!!?
Way back in early 2023 we put together some stats and presented them in this YouTube video.
We highlighted what impact F-Assets could have on the Songbird token, then we waited for F-Asset updates from the Flare team..
We waited…. and waited…. and waited…
Until last week, when Flare revealed that everything was still on track exciting times.
With the screen shot of our old stats being shared around the Xwitterverse we figured it best to offer an update.
Then our tech took a sh!t and the file was lost in the matrix…
Instead of building out the doc again we will tickle your pickle using AI magic and our boi ChatGPT.
We supplied current market cap data and asked the clever bot to calculate a price for SGB once F-Assets are live.
$38.34!! 🤯
A lofty 255,500% gain which is ridiculous right?
Never gonna happen…
Well, we could talk about the $billions hacked in recent years proving that bridges are super attractive and a network offering safe bridges (insured, trust less, etc), would attract a massive slice of the market which is expected to grow to over $700 Billion by 2030…
Instead, let’s look at the value proposition, if a $38 per SGB valuation seems laughable simply reduce the calculation to where you think reasonable.
Is 50% of the valuation reasonable? ($19 per SGB and $736 million in F-Asset value minted)
Is 25%…. ($9.50 per SGB and $368 million in F-Asset value minted)
Is 12.5%… ($4.75 per SGB and $184 million in F-Asset value minted)
Is 6.2%… ($2.37 per SGB and $92 million in F-Asset value minted)
Is 3.1%… ($1.18 per SGB and $46 million in F-Asset value minted)
Is 1.6%… ($0.59 per SGB and $23 million in F-Asset value minted) Still a 3,833% increase from todays SGB price!!!!
It’s actually difficult to calculate a scenario that doesn’t deliver crazy gains…
SGB is a screaming buy right now… 👊
That’s us for now, if you enjoyed todays read please give us a wee share and get more folk pumped on Songbird…
See you next week…