Few months ago I came across a tweet about some new crypto project called Redbelly, it’s a project that is based on the RWA concept which means Real World Asset. This means that real world assets like feasible things we have offline is brought into crypto. Remember about 3 years ago when we were talking about tokenising the real estate industry and physical valuable. Well it’s here, people can now buy tokens that represent a physical house, not just houses, any other attainable assets. Which is great, because the utility of crypto is limitless.
I decided that this is a good opportunity to get in, so I started doing their Galxe tasks, their Galxe tasks is filled with a lot of social and testnet activities. If I can remember, I think we did some buying and selling of assets with their testnet token. In November I did their pre sale out of disappointment from Moongate and was surprised to had made 10X profit off it. That was enough for me as I wasn’t expecting anything else from the airdrop. Although the news was circulating that airdrop will be claimable on the 28th, giving us 6 weeks after TGE to claim the airdrop. We didn’t know how much we were to get, but I wasn’t expecting anything, neither huge nor small.
Got a decent allocation which I wasn’t expecting, but we couldn’t claim on the 26th could only check, claiming was scheduled on 28th, within 2 days, the token dumped more than 50%. Now I am left with the dilemma to hold or sell.
