DENAR AND CROWNREND
DENAR tokens have begun to enter market from the Crownrend Game - https://crownrend.com/
@crownrend
Crownrend is a kindgom simulator from @deathwing and @mrtats, the Denar Token is used to increase various stats, is generated by each kingdom, and can also be gained by raiding other kingdoms.
Deathwing announced the game here: https://peakd.com/hive-140217/@deathwing/announcing-crownrend-or-a-kingdom-building-online-strategy-game
Mr. Tats penned a beginners guide to the game here:
https://peakd.com/hive-140217/@mrtats/beginners-guide-to-crownrend
(Screenshot from Kingdom Panel of Crownrend game)
DENAR SCARCITY
I confirmed with Mr. Tats and Deathwing that the only DENAR token entering the market was generated by playing the game. The developers are not selling DENAR. Most spare DENAR is currently being used to level up kingdoms. The team said they had even purchased some themselves from the market.
YABAPMATT CORNERING THE DENAR MARKET?
Checking the Market on TribalDex - https://tribaldex.com/trade/DENAR
@yabapmatt is aggressively hoovering up DENAR as it enters the market. Yabapmatt is poised to be a powerplayer at least in the early days of Crownrend! @yabapmatt is currently maintaining a hard floor price of 1.5 HIVE per DENAR.
There are currently 1064 DENAR in circulation. The price is very cheap while the game is new and there is a shortage of DENAR. The price will decrease as new DENARs enter circulation.
Will be interesting to see how long the floor lasts, think the developers are expecting Denar to decline and ORI to become the big currency
That sounds correct.
!BBH