WOO Guide - What do to with my assets after the General Sale was sold out in 99 second

in #hive-1912582 years ago

It is done. WOO General Sale happened yesterday. A nice crowd gathered and waited for the countdown clock to get to 0 and start buying. And buying we did. In 99 seconds all packs were gone. The system was not able to keep up with the requests, Alpha packs were not distributed and it even oversold. So the GOAT @tobias-g sit down to his keyboard and after an afternoon of parsing, coding, evaluating everyone got their packs and refunds. You are AWESOME!

But what happens now? What to do with packs, cards and WOO? Let's make a deep dive!

  • WOO
  • Cards
  • Packs

WOO

First and foremost lets talk to the folks, who missed the general sale. You might have a lot of WOO, which lost a lot of value in just a few hours. I mean 2 days ago it was selling for 0.004 Hive, and today for 0.0023. And at the beginning just to show you that I put my money, where my mount is, I bough 9000 $WOO right at the first dip

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What is and will WOO be good for:

Utilities

Staking
Staked $WOO is full of value. First and foremost you will get APR for your staked $WOO. Current APR is 107%, which is an awesome number. Though it will decrease with the amount of staked $WOO in the system, so it is a great time to invest. Also The team will let you know in time if you need to WOO.
Please be aware that staked $WOO takes 4 weeks to unstake. Each week 1/4 of the unstaked $WOO amount will start unstaking (will be in limbo), and at the end of the week you will get that $WOO amount into your wallet. The remaining staked $WOO will still be earning staking rewards.

The time is CET

Now let's look at other options for WOO, there will me more benefits for $WOO stakers as well.

Governance Token
Major WOO holders - I think it starts at 250.000 $WOO, but might change in the future - will be able to create proposals. To create a proposals a small amount of $WOO has to be burned. All staked $WOO holders can then vote on the proposal. Proposals will be vetted by the WOO team to prevent malicious actors for destroying the project. This system is currently in development.

White listing for Land Sale
The WOO team is rewarding WOO stakers with the chance to reserve a few land plots before the sale (ETA: Q1 2023). In this system there will be multiple tiers depending on how much $WOO you stake. So the more $WOO you have, the more land you can reserve for yourself (and forego a 99 second sellout, like it was this time). You can of course buy land on sale as well, and there will be plenty of land (up to 200.000), but at this point we don't know how land will be sold = How much and in how many phases - so a reservation seems like a good deal. I will publish this week an overview on land.

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Burn events
The WOO team is preparing Burn events, which were mentioned on AMAs. The most talked about example is a raffle system. Here you can buy a raffle ticket for x amount of $WOO and if your ticket is pulled, then you will win a price. A few hinted wins from these raffles were:

  • Get tickets for a Wrestling Event (or its value if you are unable to attend)
  • Win a Gold Foil Raven card (bought a few weeks ago by Bookerman)

Liquidity Pools
There are a few Liquidity pools, which also provide a nice APR, though lower then staking and a bit risky due to the impermanent loss. Invest into them, when you know the risks and rewards. I'll be honest, I don't understand the risks, so I can't give you advice here.

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Cards


What to do with the cards I opened. I will be honest here, there is not much to do now. You can either:

Start Mining
If you want to keep your cards, start mining. That is the best thing to do. Here is my guide on it : How To Start Mining
Reminder: Silver belt cards, even Gold Belt Common cards from Alpha packs don't give a lot of raffle tickets. Reward pack drops are much better for mining, be it Saturn, Raven or the upcoming Reward packs.
I have created a WOO Ticket Counter to check how many mining points you have. Please be aware the "Chance To Win" part of the file is out of date due to General sale. The file will be updated next Monday, when Tobias-g posts an overview on current amount of raffle ticket.

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Sell cards on the market

Selling cards on the market is a quick way to get back some of your investment, but be aware, that you won't be the only one doing this, so prices will go down in the next weeks/months. Best value cards should be Gold Belt cards and then Legendaries.
I'm a believer in the project and don't plan to sell, so feel free to share your experiences. Good luck if you choose this path.

Selling cards is a bit complicated so here is a guide:

  • Go to: play.wrestlingorganization.online and log in
  • Go to you collection
    image.png
  • Choose the card you want to sell and press on it
  • A popup window now shows all the cards you own. You can't sell card which are Mining (highlighted in the picture below in Yellow. If it states True, then it is mining)
  • Now press the + next to the card you want to sell. It will turn into an X.
    You can only sell cards, which don't mine. Select the + if you want to sell the card. It will turn into an X
  • Close this window and go to the top of your screen (if not there already)
  • You can see now a 1 next to the basket. Click on the basket
    image.png
  • A new popup screen will appear, click on Sell and add the value you would like to sell the card for.
    image.png

Please be aware if you want to sell multiple cards for different prices, then you will have to repeat this process for each different price you want to set!

Packs

You don't have to open your packs at all. All packs give airdrop points. The amount of airdrop points will increase when a pack of the same time is opened as a set amount of $WOO is distributed daily and equally between pack holders.
Right after general sale this was the breakdown of my earnings, but I opened 60 packs, so those airdrops will be divided by all holders on the next airdrop time... and I think slowly I will open another 40, cause I like opening packs :D
Please be aware that the packs in this list will also be updated during the airdrop only, so if you bought packs, then wait 24 hours for them to appear here!

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This is all I could think off now. As you can see, you might have anything WOO related, everything is worth to be kept. And I'm extremely excited for the game in general, as you might have guessed.

Welcome to the WOO Family

That was all for today. I hope you liked this overview and if you are missing any content, then feel free to ask, or jump into the WOO discord channel

I'm currently doing an overview of the game mechanics and have a post about the shows and the wrestlers. If you are interested, then check out this link: Shows.

Here is also my Ticket Counting Tool link if you want to know how many tickets you got on your collection and how much chance you have on a hourly/daily basis.

All pictures are taken from the WOO discord, the WOO website and adjusted for the content.

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Very helpful. Thanks!
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Im all hodl dont even wanna open these packs, opend 8 and gifted 2. With your mention of the buyin opportunity yesterday i too made my move and am back to about where i was pre last sale. Gonna look and see what the mining does and or if i need to open a few more😎. Prob end up selling some packs due to the fact we sold out so quick. Maybe ill do it on the market or maybe !PIZZA exclusive i haven't made up my mind yet. #wooforlife WOO WOO

Great to know my post inspired you! Alpha packs will take some time to get some value, but behold Sonny Onoo and the rewards packs. That will be awesome for mining as well!
Good luck!
WOO HOO!

You are doing an ok job in these articles lol. Yea those reward packs will be the bomb. Keep up the good work man !PIZZA


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