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Plus an additional Brick (for a total of 2 Brick) to anyone who joins our new subreddit r/BRICKMOON and comments on our pinned post!
Our new subreddit r/BRICKMOON, dedicated to all things Brick and Moon, is trying to bring attention to Reddit-backed Brick, one of just 2 Reddit community point tokens running on the new Arbitrum Nova network. With a criminally low marketcap of just $2,900,000, I think Brick has huge potential.
Reddit has two “community point” tokens running on the new Arbitrum Nova network: Brick and Moon. Moon was unlisted on any major exchanges and only 9 months ago had a marketcap of $3,000,000. Since being listed on a major exchange (Mexc), its marketcap has exploded by 10x to $29,000,000. Brick has not yet been listed on any exchanges, however it is our goal to help facilitate the process of getting Brick listed on multiple exchanges.
Brick so far seems to be following the exact same process as Moon - meaning a 10x could be in its near future. With only a $2,900,000 marketcap, I believe this native Reddit community point token has huge potential.
Safe: Reddit, a privately held company, has a valuation of over $10 Billion as of 2021. Reddit has even proposed that it might be worth as high as $15 Billion in 2023. Reddit is also in the process of going public. Once this happens, I’m anticipating a lot of attention being brought to Brick and Moon.
A company of this valuation has employed a very large legal department (Google: “Reddit legal department” and scroll through results to get an idea of the size) to handle all major decisions involving risk. This extends to vetting any cryptocurrency projects it might affiliate itself with.
Since Brick and Moon are specifically affiliated with two of Reddit’s largest subreddits, these have most certainly had countless hours of research and vetting done by numerous legal department staff. Imagine if Reddit didn’t fully vet Moon and Brick, and something like a rugpull or exploit happened draining either of all funds. They’d be sued on a massive scale, and would likely be found liable for damages.
Thus, we can deduce that Brick and Moon have been fully vetted, and are likely some of the safest Memecoins you could invest in today, since they are essentially backed by a multi-billion dollar corporation.
Ties to Fortnite: Brick is the community point system for r/FortniteBR. Fortnite has maintained a consistent monthly active playerbase of around 80 million, with more than 390 million registered players to keep the game alive and running. According to the data provided by Active Player, in the last thirty days, the game averaged 252,600,145 peak players in a day. Around 85% of Fortnite players are aged 18 to 35.
I believe Brick is extremely undervalued with a marketcap of just $2,900,000. This is a drop in the bucket when compared to other memecoins of years past such as Dogecoin, Safemoon and Shiba Inu. Dogecoin at its peak had a marketcap of $88.8 billion dollars. Just for comparisons sake, if Brick ever gets to this marketcap, you’d see a return of 18,500x your initial investment, meaning $100 invested today would turn into $1,850,000.
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- 1 year ago
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- reddit.com/r/CryptoMoonS...