RE: Analyzing FarmFarmer Mining Rewards
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I think the original idea of Farmfarmer was interesting although not great. It is a little bit like dCity but with less complexity and instead so-called smart contracts that execute on the second layer automatically. The original plan was to gather funds for Hive-Engine, which seems fair enough. So I invested like 130 USD into the Cattle Ranchers. They produce fairly well and I have gotten like 70+ FARM tokens so far. But that is still just a drop in the ocean because the Mythical clone (and the perspective for MANY more clones) killed the game immediately. The token prices dropped from ridiculously high to basically nothing overnight and this hasn't changed at all ever since. These tokens are not redeemable for Splinterlands, which would give them at least some value. And worst thing is, that we haven't heard back from Aggy about it at all and we will probably never hear from him again because the whole operation is probably his darkest moment on the blockchain. Just sad...
Really good summary. If he was up front with the real purpose and didn’t try to milk multiple copies (first was only nine days later!) it may have gone differently. Right out of the gate it was clearly a money grab.