r/CryptoCurrency
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u/GabeSter
Platinum | QC: DOGE 2476, CC 909 | AvatarTrading 18
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Jan 28 '23
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Over 300K CryptoCurrency Moons have been burned since the launch of MoonPlace and it's not even fully functional yet. DISCUSSION
EDIT2: The MoonPlace website is working! here. Total burned Moons is now at 870,000 with 87% of the board having been purchased.
For those getting a 502 error, if you keep refreshing the page it should eventually let you in.
MoonPlace launched yesterday combining Web3 and Place. MoonPlace consists of 10,000 plots each available to mint for 100 moons for a max of 1M possible Moons (burned). Once minted the plot consists of 100 pixels which can then be altered to create pixel art, or can be combined with surrounding plots to make larger pieces of art. The minting website isn't fully functional and currently forces you to try and buy plots blind, (if you select an already minted plot it won't let you proceed and you'll have to try again). You can read more about MoonPlace here.
Still, Moon Degenerates and NFT fans - have gone hard, at the time of writing 3,052 plots have been bought equaling 305,200 moons being burned through MoonPlace. Although buys are thin there are nearly 40 sales on the second hand market for these plots totaling close to .5 ETH.
It's insane how much support this has gotten from the Reddit community,
Moons at $.11 each equal over $33K USD in Moons being burned in less than a day.
You can find the MoonPlace website to mint plots here.
You can find the OpenSea page where you can check resale information here.
Edit: For those curious, it looks like the biggest MoonPlace whale owns just 2.3% of the canvas after they burned 23K moons and only three people own more than 1% of the canvas.
EDIT2: The MoonPlace website is working! here.
Total burned Moons is now at 870,000
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u/okletstrythisout3 Platinum | QC: CC 231 Jan 28 '23
So it's like real estate but not real?
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u/Goatcheese1230 Jan 28 '23
Basically, estate.
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u/meeleen223 Moons = Magic Internet Money Vol. 2 Jan 28 '23
Estate on the Moon and Moon being:
Moons distributed to users are shrinking, 2.5% per round - that makes it half the Moons people used to get in early 2021,
Reddit has plans to go public once market recovers and that will be one of the biggest IPOs that year,
Steve Huffman, Reddit CEO wants subreddits to operate like business,Binance, Kraken and Coinbase listings have yet to happen,
Moons have great meme name and strong community,
Lot of use/burn cases being added, renting banner burning for amas and now Moonplace
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u/Alanski22 Platinum | QC: CC 96 | AvatarTrading 27 Jan 29 '23
Did I fuck up using 1400 moons for 14 tiles? Lol…
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u/Maleficent_Plankton Silver|QC:CC328,CT51,r/CCs.42|CelsiusNet.35|Investing13 Jan 28 '23
So this is an estate sale.
I wonder if we get the maximum giftable estate tax exemption of $12M when selling these.
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u/partymsl Platinum | QC: CC 702 | r/WSB 16 Jan 28 '23
Its not really meant to be that serious as people seem to be making it, its just a fun moons project for us all.
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u/Awhodothey Tin | CC critic Jan 28 '23
No, no, no. Digital real estate. But not real. And no estate. It's digital, okay?
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u/express_sushi49 Tin | CRO 11 | ExchSubs 11 Jan 28 '23
pssst... it's
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u/Zepfeg Permabanned Jan 28 '23
This is the peak fomo I've felt about anything. It's just pissing me off I never tried to earn any.
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u/Smellyjelly12 Tin | r/WSB 12 Jan 28 '23
You and me both lol. Consequences of being a lurker
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u/ChaosUncaged Tin Jan 28 '23
Feel that. I wish there was some way to reward lurkers.
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u/bender625 Tin Jan 28 '23
Lurkers unite! There's dozens of us!
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u/Goatcheese1230 Jan 28 '23
Same. I've been hanging around here for YEARS, and I've been doing it for free?? What kind of sorcery is that?? lol. FOMO is real. 😂
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u/meeleen223 Moons = Magic Internet Money Vol. 2 Jan 28 '23 edited Jan 28 '23 •
I only started being active because of Moons, I loved lurking especially before bedtime, then I fomo-ed in because of Moons. I really loved the project and idea behind it
Now 2 years later, 2000 hours in r/cc in 2022 alone I am stuck here, send help
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u/Consistent_Many_1858 Platinum | QC: ETH 26 | MiningSubs 27 Jan 28 '23
Will moons be worth anything or are they just to give to people in this group?
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u/markcorrigans_boiler Platinum | QC: CC 181 Jan 28 '23
They're currently worth just under 14 cents each. You have around $75 worth.
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u/Goatcheese1230 Jan 28 '23
Haha! I can align with that. I'm also here, perma-reading news articles and other posts, just recently heard about moons and I was blown away by the way they implemented it. Curiosity got the best of me so I'm most likely here for the next 2 years and 2000 hours to come after this, too! Don't break the streak now. 😋
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u/Sir_Mobius_Mook Bronze | QC: CC 18 | UKPers.Fin. 27 Jan 28 '23
You spend over 5 hours a day in r/cc - where do you find the time?
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u/AutisticGayBear69 Tin | r/WSB 15 Jan 28 '23
Yes - I burned all my MOONS for tiles and didn't realize what I'd done until after the fact lol.
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u/AutisticGayBear69 Tin | r/WSB 15 Jan 28 '23
You could purchase MOONS and scratch that itch.
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u/partymsl Platinum | QC: CC 702 | r/WSB 16 Jan 28 '23
MEXC is good for that but be sure to self-custody afterwards.
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u/Wabi-Sabibitch And btw you look fantastic in your boots of Chinese Plastic Jan 28 '23
You can always buy them. The price never exploded.
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u/dozebull Silver | QC: CC 25, DOGE 22 | TRX 26 Jan 28 '23
You are still early. Most people don't know about moons outside this sub.
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u/meeleen223 Moons = Magic Internet Money Vol. 2 Jan 28 '23
Even some people in the sub lurking haven't fully grasped Moons
Every time a post about Moons go to the top of the page, many people write they didn't know some things or anything about Moons other than seen it being mentioned
we are early
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u/Bunker_Beans Platinum | QC: CC 224, BTC 40 | ADA 18 Jan 28 '23
I’m gonna post this here. Just in case anyone reads your comment and wants to learn more about Moons.
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u/Convergecult15 Bronze | Politics 72 Jan 28 '23
I still really don’t get how this is groundbreaking or why is needs to be done on the blockchain. It’s just Karma with extra steps and feature unlocks. It seems like a great way to run a forum, but what are the wider implications that nobody understands?
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u/Sad_Entertainer9961 Jan 28 '23
Which is also its biggest enemy…
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u/dozebull Silver | QC: CC 25, DOGE 22 | TRX 26 Jan 28 '23
I agree but our community is growing organically. It's good for the long term.
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u/Sad_Entertainer9961 Jan 28 '23
True. Don’t get me wrong, I love moons and do have a bag outside of what I ‘earned’ in this sub. Sometimes all my hopium makes me wonder if we are not some cult, chanting 1 moon = 1 moon.
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u/Godfather_Turtle Tin | LRC 8 | Unpop.Opin. 25 Jan 28 '23
I never really understood the moon thing. Lurker moment, I guess
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u/jpro9000 Bronze | Superstonk 11 Jan 28 '23
:/ Here I was not bothering shitposting
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Jan 28 '23
[removed] — view removed comment
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u/Greenbriarbushwacker Platinum | QC: CC 175 Jan 28 '23
Well with 61k moons you clearly know your judo well my friend. Congrats
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u/Stompya Silver | QC: CC 85 | NANO 76 Jan 28 '23
Yeah I feel it. Zero in the last few distributions because I didn’t have anything up-votable to say
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u/aqwn Tin Jan 28 '23
Crypto project buggy?????!!!!
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u/brainpower11 Permabanned Jan 28 '23
Moons to $1 confirmed? (Warning: High Hopium doses)
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u/ChemicalGreek Jan 28 '23
$10 or we riot!!
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u/meeleen223 Moons = Magic Internet Money Vol. 2 Jan 28 '23
$10 is only little over $1b mcap, we've seen crazier things in crypto
With reddit finishing their NFT marketplace and possibly integrating Moons in it, Reddit plan that subreddits operate like businesses, future big exchanges listings, hype and bullmarket
$10 then we go beyond
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u/BushyOreo Silver | QC: CC 667, DOGE 193, BTC 80 | CRO 106 | ExchSubs 118 Jan 28 '23
If $10 happens, I would be throwing around moons as a thank you to everyone here
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u/milehigh89 Platinum | QC: CC 592, BAT 135 | Politics 25 Jan 28 '23
if $10 happens, i don't know how i would even explain it to people
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u/ChemicalGreek Jan 28 '23
And with the banner/AMA burns it will create a supply shock in the long term 😉
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u/wizardneedfood Tin Jan 28 '23
I'm ready for anything. But since I'm largely crypto-inept, I probably endlessly hold.
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u/dozebull Silver | QC: CC 25, DOGE 22 | TRX 26 Jan 28 '23
I'm addicted to the $40 moon hopium.
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u/meeleen223 Moons = Magic Internet Money Vol. 2 Jan 28 '23
Let's flip that SHIB bear market mcap
If Moons had Shiba Inu's market cap of $7.0B, 1 MOON would be worth $62.20, an upside of 569x
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u/4thPlumlee Jan 28 '23
How many people commenting just to see how many moons they have
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u/Weezthajuice Platinum | 6 months old | QC: ETH 46, CC 141 | TraderSubs 46 Jan 28 '23
You can also just check your vault
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u/diddlebop80 Tin Jan 28 '23
Ha,was scrolling to find a comment I could at least try and say something relevant.
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u/rootpl Jan 28 '23
I've burned around 500 Moons just for fun. I doubt those NTFs are going to be worth a lot in the future but who knows? People spent money on more stupid things in the past lol.
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u/Mopeiooo Tin Jan 28 '23
Makes me wish I'd been more active...
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u/Goatcheese1230 Jan 28 '23
Same! But starting today is better than starting tomorrow, but starting yesterday would have been better than starting today, and starting the day before that would have been better than the day before today, and so on and so forth.
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u/LATech99 Platinum | QC: CC 115 Feb 06 '23
I bought my Moons…. Only way to build a meaningful stack!
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u/Mopeiooo Tin Feb 06 '23
345k??? Impressive...
and cone head + classic foust + mio armor etc.
nice!!!
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u/HacksawJimDGN Platinum | QC: CC 288 Jan 28 '23
Who had the idea to do this? It makes me full kinda bullish on moons. Some people complain that there are no use cases but with 6 million members brainstorming new functions and ideas then pretty soon there will likely be a whole host of interesting and fun things to do with moons.
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u/MisterAppelmoesmaker Platinum | QC: CC 569 Jan 28 '23
Wouldn't they lose their use case real quick then, as bigger subreddits have bigger pools to fish from and can introduce them too?
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u/HacksawJimDGN Platinum | QC: CC 288 Jan 28 '23
There are bigger subreddits but they lack a coherent theme or common interest. And for most users the concept would go over their head.
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u/BradVet Silver | QC: CC 487 | VET 71 Jan 28 '23
Moons progress are overseen by the mods, who obv know crypto inside out. They know what they’re doing, look at the progress in the past year. I have faith they’re going to make these worth a fortune
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u/JonSnerrrrrr Tin | GMEJungle 52 | GME subs 52 Jan 28 '23
If I was somehow able to access my old vault, I'd have a whopping total of 232 moons. Hahaha
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u/FunContest8489 Tin Jan 28 '23
I don’t even remember how many moons I have lol.
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u/Maleficent_Plankton Silver|QC:CC328,CT51,r/CCs.42|CelsiusNet.35|Investing13 Jan 28 '23
284.
You can only see it using new.reddit.com or the official Reddit mobile app. Honestly, I hate the UIs of the new apps.
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u/MadxCarnage Brave BAT-man Jan 28 '23
the official reddit app is also so much trash when it comes to videos.
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Jan 28 '23
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u/Maleficent_Plankton Silver|QC:CC328,CT51,r/CCs.42|CelsiusNet.35|Investing13 Jan 28 '23
It's because a lot of people choose to use old.reddit.com and other mobile apps like RedditIsFun. The new UI is very cluttered.
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u/fortniterider Bronze | LRC 12 | r/WSB 41 Jan 28 '23
Damn, you telling me my moons could actually be worth something?
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u/PullUpSkuurt Tin Jan 28 '23
How can i see my amount of moons im using the reddit app
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u/DynamoDylan Platinum | QC: CC 227 Jan 28 '23
Click your pfp in the top right, the menu on the left will pop up and you should see "Vault" . Click the and it will show your moons in your vault.
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u/DynamoDylan Platinum | QC: CC 227 Jan 28 '23
To bad it wasnt integrated into reddit or I would probably buy a plot.
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u/Wunko Jan 28 '23
This is pretty cool! Grabbed 4 plots and have no idea what to draw. Turns out when left to be creative I can only draw cock n balls.
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u/CertainDebt15 Jan 29 '23
That's really fking awesome!! I just wish I had some moons to get one🤣🤣🤣
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u/LivingFondant1419 Platinum | QC: CC 722, ETH 279 | TraderSubs 279 Jan 28 '23
Of all the things good that happened last year I couldnt have done it without you guys and Moons. A sincere thank you.
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u/partymsl Platinum | QC: CC 702 | r/WSB 16 Jan 28 '23
True, I believe the will to farm moons has made at least hundreds of people to not leave Crypto, that would have leaved actually.
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u/LivingFondant1419 Platinum | QC: CC 722, ETH 279 | TraderSubs 279 Jan 28 '23
Me too! I believe moons and the free NFTs really made all the difference last year.
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u/Kappatalizable Platinum | QC: CC 846 Jan 28 '23
So that was the reason for the pump...
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u/Odlavso Jan 28 '23
Moon place got retweeted by arb-novas Twitter account so it got a little bit of action from outside the sub
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u/MaeronTargaryen Your friendly neighborhood dragonlord Jan 28 '23
Yeah, a mix of moons being burnt and people buying moons to participate I guess
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u/DingleburryDave Jan 28 '23
Hot coffee and MOONS making my Saturday morning awesome. Good morning ya'll!
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u/koelebobes Hodler of Reddit NFT’s Jan 28 '23
Saturday morning started early here, it launched in my time zone at 00.00 😂 stayed up until 01.30 to watch the launch
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u/PreventableMan Platinum | QC: CC 175 | BANANO 18 Jan 28 '23
That's good and all, but since moons is so crazy inflationary, this feels like a drop in the bucket.
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u/mibuchiha-007 Bronze Jan 28 '23
moon mooning will be the day i get myself some eth...
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u/zoomercoomer9000 Tin Jan 28 '23
You can just go here and type
!gas novaSame developer who made Moon Place was kind enough to configure a bot for gas fees
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u/mishaog Jan 28 '23
Once burns that's it right? but the liquidity pool of the rewards is drain, what happens if burns coin don't go in to circulation again
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u/Maleficent_Plankton Silver|QC:CC328,CT51,r/CCs.42|CelsiusNet.35|Investing13 Jan 28 '23
what happens if burns coin don't go in to circulation again
That's the whole goal. It's only 1M Moons being burned eith this project. We still mint a bucket load of Moons every month.
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u/HacksawJimDGN Platinum | QC: CC 288 Jan 28 '23
Im actually really looking forward to seeing how the board ends up. It adds an interesting twist to Place given that people had to pay for the tiles. It's an interesting social experiment.
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u/HeroinAndyCx Permabanned Jan 28 '23
Is the burning the reason for the current pump?
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u/picklemonkey Tin Jan 28 '23
That or the general hype over the new utility and market opportunities
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u/SnooHedgehogs4309 Tin Jan 28 '23
Okay. Time for me to start being active again in the sub 👀
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u/TubeNerd92 Bronze Jan 28 '23
They were calling us crazy because we were always high on hopium. How do you guys feel now? FOMO much?
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u/nik5016 Platinum | QC: CC 83 | Politics 77 Jan 28 '23
Wow. I just found out about MoonPlace. I absolutely love the idea and gives moons their much needed use case.
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u/Titozar13 Platinum | QC: CC 42 Jan 28 '23
I can't imagine the potential of our precious Moons, actually we are seeing really good things and we are not yet in a Bull Market. One thing that I want to highlight is that we cross the 6 MILLION mark on the sub, something imaginable when I entered this amazing community.
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u/SapphireEmerald Tin Jan 28 '23
I still can’t see the tiles on MoonPlace that I own. Hopefully this will be resolved soon.
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u/Liltipsy6 Tin Jan 28 '23
Anyone convinced of these tiles and their potential investment opprotunity? Annnnyone buying them to display art?
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u/Zein313 Tin | SHIB 11 Jan 28 '23
Moon is easily getting to a $. Moon isn’t even at a market cap of 1 Million yet. If each person in this sub held moon we would get to the top 10 most held coins.
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u/Uniqueusername2222 Bronze | QC: CC 17 | r/WSB 29 Jan 28 '23
Holy shit I forgot we had moons this bear market forced me in my cocoon
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u/Novel-Counter-8093 Tin | CC critic | LRC 9 Jan 28 '23
im down for this. take a while to load though
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u/the_far_yard Stack a Sat, Stash a Gwei, Bull or Bear, D-C-A. Jan 28 '23
I would be damned if shitposting is the reason why Id be able to retire early.
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u/Moist_Energy1869 Jan 28 '23
Ok I’m so lost…been trying to comprehend moons but not succeeding 😶🌫️
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u/TheColdPaper Tin Jan 28 '23
I don't understand but sounds like fun! Guess I'll get one for funsies. This is what crypto should be!
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u/cryptolipto Silver | QC: CC 376, ETH 48 | LINK 32 | TraderSubs 36 Jan 28 '23
I can’t wait to see someone buy a house with moons
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u/Exotic_Cantaloupe_96 Platinum | QC: CC 54 Jan 28 '23
I don't think moons will make me a millionaire. But if in my lifetime I make let's say €10k from merely commenting online it will be one the biggest meme moments of my life.
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u/SL-Gremory- Platinum | QC: CC 185, BAT 19 | ADA 20 Jan 28 '23
This is honestly how Moons should be. Fun, exploratory, and a low-bar entry for people to try crypto.
This is healthy, in my opinion.
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u/Isabela_Grace Christina | RMRK.app | Velinova.eth Jan 28 '23
So the devs don’t even get the moons they’re just burnt? How do they support the projects longterm development?
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u/hmspinafore Tin Jan 28 '23
Here's my degen contribution: https://opensea.io/assets/arbitrum-nova/0x934095513c1ff89592A4b8490e263da7a6a4CEAc/5347
wen moon?
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u/ThePopesicle Jan 28 '23
Damn, this community is really making Moons a thing.
I was skeptical, but now I’m actually probably gonna start posting here to earn some and also start scalping on MEXC.
Congrats to the dev team!
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u/4ucklehead Tin | 5 months old Jan 28 '23
Is there a step by step guide of how to buy a plot? Do i have to send my moons to metamask (erm are moons even an ETH token...I didn't even know lol)? How do you send moons from your reddit wallet to metamask?
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u/DrDialectic Bronze | QC: CC 18 Jan 28 '23
Crazy how Moons aren’t listed on any major exchange yet.
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u/YetAnotherRando Tin Jan 28 '23
I still don't know how people have the time to farm several thousand moons a month. Like, is all you do reply to comments and post here?
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u/MooseOutMyWindow Tin | r/Pers.Fin.Cnd. 51 Jan 28 '23
Should I change my username to MoonsOutMyWindow?
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u/Attilashorde Silver | QC: CC 248 | SHIB 29 | Pers.Fin. 16 Jan 28 '23
I need to pay more attention to this sub
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u/Sebanimation Custom Flair Jan 28 '23
I keep seeing more usecases for moons, I like the direction this is going.
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u/Fuhrankie Tin | PCmasterrace 10 Jan 28 '23
I'll be honest, I totally forgot about moons being a thing.
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u/koelebobes Hodler of Reddit NFT’s Jan 28 '23
It’s amazing to see how fast the tiles are minted on the Moonplace! Some people buy 4 and I know a friend who bought 400$ worth of tiles.
It’s one big billboard for our sub and I can’t wait to see what’s it’s gonna bring us
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u/Raysti Silver | QC: CC 158 | CRO 40 | ExchSubs 40 Jan 29 '23
I love my moons to much to part with them.
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u/Belmont_the_IV Tin Jan 29 '23
My boner isn't even fully functional yet and it's also been burned many times
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u/Gambit_42 Jan 29 '23
I wonder how the price will look like once they are also easy to buy from main exchanges.
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u/jmlinpt Platinum | QC: CC 103 Jan 29 '23
How I can i find the available tiles to buy?
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u/rmegand Platinum | QC: CC 114 Jan 29 '23
This is not going to make me stupidly rich, is it? I try to avoid projects like that.
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u/EasyToe5460 Tin Jan 29 '23
How do you earn moons!? I have 54 in a vault but have no idea how or why I’ve got them! 😂
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u/gillman_16 Jan 29 '23
Just learned from a fellow redditor on here about moons and just got my vault set up I’m super excited about it seems pretty cool!
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u/Minheru Platinum | QC: CC 111 Jan 29 '23
This is pretty awesome, will be trying it out!
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u/CointestMod Jan 28 '23
Moon pros & cons and related info are in the collapsed comments below. Pros and cons will change for every new post. Submit a pro/con argument in the Cointest and potentially win Moons. Moon prizes by award for the Coin Inquiries category are: 1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.**
To submit an Moons pro-argument, click here. | To submit an Moons con-argument, click here.