Once this happens, I’m anticipating a lot of attention being brought to Brick and Moon.Ī company of this valuation has employed a very large legal department (Google: “Reddit legal department” and scroll through results to get an idea of the size) to handle all major decisions involving risk. Reddit is also in the process of going public. Reddit has even proposed that it might be worth as high as $15 Billion in 2023. Safe: Reddit, a privately held company, has a valuation of over $10 Billion as of 2021. Around 85% of Fortnite players are aged 18 to 35. According to the data provided by Active Player, in the last thirty days, the game averaged 252,600,145 peak players in a day. Fortnite has more than 390 million registered players to keep the game alive and running. Fortnite has maintained a consistent monthly active playerbase of around 80 million, with 2021 being a peak year at 83.3 million MAPs. Ties to Fortnite: BRICK is backed by Reddit and is the community point system for r/FortniteBR. This means that over time people will earn less and less Bricks per month. There will be a MAXIMUM 250 Million Bricks to ever be distributed with a bonding curve similar to bitcoin's mining distribution over time.Įvery time a FortniteBR Sub user uses his Bricks to buy a Sub Membership these 500 Bricks get burned so the deflationary mechanism is a nice bonus.Ĭombine the Capped Supply with people constantly BURNING Bricks out of circulation to get the Sub Membership and you get a nice formula for success. With only a $4,800,000 marketcap, I believe this native Reddit community point token has huge potential.ĭeflationary and Capped Supply: This is not your average shitcoin with infinite supply and zero fundamentals.īricks will be the currency of r/fortniteBR and other things are expected to be added other than just buying a membership and reddit coins, so a solid use case is established. It seems to following the exact same process as Moon - meaning a 7x could be in its near future. Brick, the newer of the two tokens, has not yet been listed on any exchanges. Since being listed on a major exchange (Mexc), its marketcap has exploded by 7x to $32,000,000. $MOON was developed first, was unlisted on any major exchanges and only 8 months ago had a marketcap of $4,800,000. Reddit has two “community point” tokens BRICK and MOON, both running on the Arbitrum Nova network.
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