Subscriptions exceeded 2.5 million in two days: DOGS airdrop may not be worth a pig's trotter meal

Author: Icing; Source: FreedomRunner

On the first day of launch, the subscription channel of Dogs Telegram exceeded 1 million; on the second day of launch, the subscription channel exceeded 2.5 million.

In fact, behind these crazy numbers, Dogs only has a Telegram subscription channel that has sent a few messages and a Dogs bot developed on Telegram. It is not even a mindless click Hamster Kambot game, at most it is a token airdrop dream that has learned the essence of Pinduoduo's 100-dollar cut.

Is Dogs a Web3 coin-spending game or a pure attention game? Let's do a math problem and we'll know.

Assuming that the DOGS obtained from the 1st place (7 million) to the 500th place (110,000) on the DOGS ranking list is randomly reduced, then we can assume two extreme cases to estimate the range of the sum of these 500 numbers:

• Minimum sum: The numbers decrease at an extremely fast speed, close to the case of a geometric progression.

• Maximum sum: The numbers decrease at an extremely slow speed, close to the case of an arithmetic progression.

Through high school mathematics, the totals of the two cases are calculated:

• The sum of the arithmetic progression: 1,766,507,000

• The sum of the geometric progression: 831,384,676.67

Therefore, the sum of 500 numbers can range between the sums of the above two extreme cases. The range of the sum of these 500 numbers is:

831,384,676.67≤S500≤1,766,507,000

It is now the early morning of July 12, 2024. The top 500 users can get at least 830 million DOGS and at most 1.76 billion DOGS, and this data is still growing.

So how many people hold DOGS in total? For example, the author has registered for 4 years and has not invited any friends to the account to get 3,075 DOGS. What is my ranking?

2,597,926th, this number is several digits higher than my bank account balance.

Similarly using high school math, the sum of the number of DOGS obtained from the No. 1 on the DOGS ranking to me is:

2,435,141,023,953.27≤S2600000≤9,467,997,500,000

This number is almost catching up with my bank account number. ?

Here, we need to distinguish between two situations, whether DOGS will be airdropped at 1:1 or 10:1:

1. When the tokens are airdropped at 1:1, the top 500 will take at least 830 million DOGS, and the top 2.6 million will take at least 2.4 trillion.

2. When the tokens are airdropped at 10:1, the top 500 will take at least 83 million DOGS, and the top 2.6 million will take at least 240 billion.

Is there any reference coordinate for the price of DOGS?

The number of DOGS airdropped to Telegram Premium members is 300, and the price of a one-month Premium membership is $5. Assuming that the DOGS airdrop directly allows loyal Premium members to get a month of membership for free, the price of DOGS is $0.0167.

So, can we use $0.0167 to price future DOGS? The answer is obviously No, as evidenced by the data?

Wow, this is US dollars!

• If the price of DOGS is 0.0167 USD, the top 500 winners will get at least 1.38 million USD, and the top 2.6 million winners will get at least 4 billion USD;

  And I can get at most nearly 50 USD, which I can use to bring my uncle from the countryside to the city and find a buffet with plenty of beer in the mountains;

• If the price of DOGS is 0.00167 USD, the top 500 winners will get at least 138,000 USD, and the top 2.6 million winners will get at least 4 billion USD;

  Judging from the actual situation, the uncle may not even have a sip of water to drink, and he has to go back, otherwise he will miss the blooming of Sakura in his hometown.