AW Land Shares March 2021 report

Main activity

  • All mining attempts on one of the three tokenised lands has a chance to get you an exclusive cryptomedal NFT! Check that article for detailed numbers and more information.
  • I have implemented a new way of tracking TLM earned from mining tax. Next report will be more accurate on that part
  • Current market conditions are significantly positive for Wax, Alien Worlds and TLM. Numbers provided in that report can change in the future

March key numbers

  • Over the month, miners produced roughly 56,904 Trilium on the tokenized lands. Shareholders got 5% of this amount for lands on Magor and 3% for the Icy Desert. The total amounted roughly to 8,765.25 TLM or 87.765 Wax at current conversion rate ($25).
  • This payout was increased by 3 landowner allowances (3,245.193 TLM on March 9, 3,507.146 TLM on March 18 and 1881.03 TLM only on March 26). The total income coming from allowances totaled 8 633,369 TLM.
  • A single share paid a total 173,98619 TLM over the month (roughly 17.39 Wax or $5.04). Since payouts are fully automated, shareholders received them twice a day directly.
  • 14 shares were sold, exclusively on AtomicHub. A share auction is ongoing and ends on April, the 6th.

Want to be a part of the project?

--

--

--

Building the first NFTs fractional ownership system on WAX. Join me at: https://nftshare.net

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Opportunities and Challenges in DeFi:

Downsides of a Lottery Based Token Launch

A Collaboration Approach for the Token Economy

How To File Your Taxes When Investing in Cryptocurrencies

A Very 2020 Thanksgiving

PrivacySwap aimed to promote a secure and private transaction for your best crypto experience

Peanut enters DeFi liquidity management market with Smart LP.

PROPS Rize, the First Cryptocurrency Enabled Many-to-many Video Platform

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Mann from NFT Shares

Mann from NFT Shares

Building the first NFTs fractional ownership system on WAX. Join me at: https://nftshare.net

More from Medium

Akame DAO Launch Mechanics

Strong Beard DAO — Roadmap, Utility and Whitepaper V1

Nole NPC is now NPC DAO

CerberusDAO Introduces FLOKI and wETH Bonds