- Web3shala
- Posts
- Argentina π¦π· won and so does Web3 β½οΈ
Argentina π¦π· won and so does Web3 β½οΈ
FIFA world cup & Web3
Dear Web3ians,Argentina lifted the FIFA WORLD CUP 2022 - There are a lot of questions revolving around your mind such as who is the π now?, how MBAPPE must be feeling? and how web3 community played in the world cup? Let's answer all your questions and discuss some fun facts π
You might be wondering why web3shala is talking about the FIFA WORLD CUP especially the FINALS - It's because of the champion Argentina π¦π· is exploding and showing up in the web3 space with tokens and NFTs.
The Tale of Token $ARG
Champions Argentina π¦π· have a fan token called "$ARG" on the Chilliz blockchain.
The Fun Fact is the token isn't endorsed by Messi or any of the official sponsors of the world cup and even after this the price of the token changes based on their performance till the very end the FINALS.
The Performance Analysis of $ARGπ The token's launch price was $2.π Grew by 180% to $7.4 during the world cup π₯π before and during the finals it sinked down by 60% to $2.8 π»
Even after Argentina π¦π· won the world cup after almost 36 years, the $ARG token sinked extremely π»
Crypto reflects culture but not reflects its correctly everytime π
The Brand New NFT Collection
During the world cup final and the switching of the π Title, Some opportunist took the opportunity and launched an Argentine NFT Collection π
Itβs called β The Argentinians Official, a bunch of 2022 CryptoPunks smoking pipes, wearing masks, and sporting cringy rapper caps, with the π¦π· flag in the background.
The Argentinians Official Analysis
The collection is going nuts and here's the analysis of the same :-π Volume (less than 24 hours of launch) of 210 ETH or $257,000 πΈπ Market Cap of 77.7 ETH or $100,000 πΌπ More than 1000 Holders π€―
As per their description, the collection has nothing to do with the Argentina π¦π· team and its a tribute to football and their fans π
There's just one word for this - HYPE. Both of these exploded because of Hype and they didn't have any particular utility. Its just a simple PFPs π
That's it for the day Web3ians, Let us wind it up with a meme - Laughter π€£ is healthy πͺπ»
To the moon πFan boisss π₯