ShitBeasts - 2.0
June 3, 2022
The shit devs allowed for a bit of cooldown from the Initial Mint before beginning marketing efforts for the next phase of the project. As usual, engagement on Twitter was on-point with sneak peaks being revealed with little narrative, leaving the community to speculate what was coming up which in-turn drove awareness and got more eyes onto the project.
In hindsight, the clues were literally out there in the teams' tweets. Of course, no one picked up on it, most of us still reeling from the unbelievable volume done on Opensea within a few days after launch.
And then the first sneak peaks of ShitBeasts appeared.
The release of ShitBeasts was scheduled for June 5 and rules were pretty simple. Holders were to burn 2 of the OG poop NFTs in order to mint a genesis ShitBeast as well as receive $SHIT tokens in the process. With an initial run of 10,000 OG poops, the max supply of ShitBeasts at that time was 5,000 with the understanding that it will not reach the maximum amount due to the number of airdrops given to other projects' deployer contracts / ignored.
It is also important to know that this claim expires on June 6 and is not perpetual.
The shit devs also pulled a strategy out of $SHIB's book by allocating 25% of the supply of $SHIT to Vitalik Buterin. What he will do with his allocation, only time will tell.
Author's Note : At this point in time, I never really believed that $SHIT could be sold when I heard that liquidity was supplied on Uniswap. Off the back of my head, I was (still) expecting the token to be a honeypot, until I actually did sell half of the $SHIT I had for $ETH. And almost like divine intervention, the shit devs tweeted the below.
After the end of the claim period for genesis ShitBeasts, the team announced a public sale. Minters will receive non-genesis ShitBeasts at the price of 0.06 Ethereum per mint with every wallet address able to mint a maximum of 2 non-genesis ShitBeasts. The ShitBeasts collection is also another 10,000 mint with the first 3904 marked as genesis mints.
At the same time, the rules for Phase 3.0 were released, thankfully to get all the OGs and new folks coming in on the same page and to reset the speculation going around.
1️⃣ In short, for each holder who burned the OG poop NFTs to claim ShitBeasts, they will receive an airdrop of a "Bathroom cleaner", which will be used on ShitBeasts in the next phase.
2️⃣ For non-genesis holders, the same cleaners can be minted using $SHIT.
3️⃣ There is a difference between the airdropped cleaners vs the minted cleaners. Usage of the airdropped cleaners will upgrade ShitBeasts to a rarer version with additional perks.
4️⃣ There will be a staking pool for ShitBeasts with additional staking rewards for genesis ShitBeasts.
There are also 7 Legendary ShitBeasts in the collection with some being genesis, which was widely appreciated by the community as it brought a sense of fairness to the project.
The smart contract ownership for the $SHIT token has also been renounced, thus preventing any further creation of the token.
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