/biz/ - Business & Finance

Once the Bogged Ecosystem reaches 1000 holders, Sminem will no longer be able to stand by and let the Bogdanoffs rule over the Bogchain - he will be available to summon on Bogged.Finance.

Sminem - Stage 2 Launches: At 1000 holders, but no earlier than 9PM UTC Tomorrow.

To have the opportunity to summon Sminem you must stake a portion of your bogged for 24 hours. Once you've staked for 24 hours you'll have the opportunity to Summon Sminem from the available pool. Be fast, because there's only so many Sminem to go around initially: 750 to be exact.

Sminem is able to ensure you won't get bogged with your sales by blocking $NGMI from staining your wallets forevermore.
But watch out, there's a 20% chance that Sminem will perish as a result of saving you from the consequences of your poor choices.
If this happens, there is a 50/50 chance for him to return to the pool -- where he can be summoned once again by another bogged holder - and a 50% chance he perishes forever.

Sminem is tradable but not divisible (So can only trade a full (1) Sminem). If you sell 75%+ of your bogged you will lose Sminem forever and he will go back into the pool to be claimed. Sminem will have further use in stage 3 so you'll want to hold your Sminem close — as they are hyperdeflationary and super rare. There is a maximum of 1 Sminem claimed per address so make sure you take care of your Sminem.

This stage will also consist of an upgrade to NGMI - you will obtain 1 NGMI per sell (unless blocked by Sminem), this also means Swingies will accumulate more as they rightfully should. This will be paired with an updated wall of shame on the website with a score for each address. DONT WORRY - anyone currently owning any NGMI will be minted with a fresh batch of the new token, they sold so early they can NGMI x2.

Stage 3 - Choose your fighter: Igor or Grichka Bogdanoff... (or Sminem