Prans
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Prans retweetledi

The game was alive. The players were there. They shut it down anyway.
🧵 A thread on @PixelHeroesMMO and what really happened.

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Prans retweetledi

$19 millions raised
gambled treasury for $1.8M
do you think @the77bit is the first RUGGED project?
be Fanfaron
> 77Bit founder
> previously Ragnarok Meta NFT founder
Ragnarok Meta in 2022:
> mint sold 3,900 of 7,700 NFTs at 0.77 ETH each
> raised $15.5 millions from mint alone, ATH FP hit 2.88 ETH
> Fanfaron converted treasury to ETH at $2,900 "to diversify our treasury assets and set Ragnarok up for success"
then ETH crashed from $3,000 to $993
> he kept buying on the way down as "I saw an advantageous investment for the project”
> lost $1,800,000 of project treasury trading ETH
> floor collapsed to 0.147 ETH from 2.88 ETH
other NFT founders publicly called it out: "I can't believe I have to say this: don't gamble with your project's funds."
Fanfaron said sorry, (refunded to who, you can check Reddit?), and kept building
then came 77-Bit:
> 5,000 NFT mint Quantum Core NFT collection on Abstract, 0.22-0.29 ETH MP
> battle passes, 50$ each avg
> raised $19M (as they stated)
> 173K daily active users on BitHub at peak (you believe it's real numbers?)
OPEN BETA OF GAME came in January 2025th
thats where the extraction playbook continued
MINT first (anotha one)
> 5,000 NFTs with 0.25 ETH mint price
> 1,729 NFTs sold out
> this is SOULBOUND NFTs, non transferable, non tradable (gift of money to team)
GUILDs second
> contacted gaming guilds directly with "exclusively for top guilds with impactful gamers" offer copypasta
> 10% revenue share on BitHub Shop purchases bonus $500 in tokens ( tokens?) if community spends $1,000+
> used guilds as unpaid sales force
CREATORs third
> referral links sent to content creators
> 10% commission on all purchases through their link, creators drove sales for a cut
> lmk are cuts coming to you in the comments?
the game itself was good
gamers enjoyed
PROBLEM WAS NOT THE GAME
Ragnarok Meta with $15.5M raised, $1.8M gambled, went to zero
77-Bit with $19M raised, went to zero
"don't gamble with your project's funds"
do your DD on project before ya touch it
sometimes redflags on surface




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Prans retweetledi

Pixel Heroes will be discontinued. Instead of FUD (since we finished that earlier) we are now gathering the community to revive the game. We need some help from the experts! @PixelHeroesMMO
Giucp.ron@giucp_ron
So @Jihoz_Axie we a group of players would like to try to buy the code and all the data that can be from @PixelHeroesMMO @WizardOf5Z Maybe you can give us a hand to achieve it and we take care of keeping the game alive in ronin, think about it it would be a nice story 🙌🫶
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So @Jihoz_Axie we a group of players would like to try to buy the code and all the data that can be from @PixelHeroesMMO @WizardOf5Z Maybe you can give us a hand to achieve it and we take care of keeping the game alive in ronin, think about it it would be a nice story 🙌🫶
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Prans retweetledi
Prans retweetledi

🌸✨ Silhouette Quiz ✨🌸
Adventurers, something mysterious is stirring within the garden… 🌿👀
Can you find the mysterious being lurking inside the garden and uncover their identity?
🗨️ Quote this post with your answer and tag @PixelHeroesMMO
🏷️ Include the hashtags #SilhouetteQuiz and #PHA
📝 Submit your answer here: forms.fillout.com/t/8j1mVqDXQous
✨ Random raffle winners will receive $vMGT
💎 Everyone with the correct answer will earn Diamonds
Stay curious, Adventurers! 👀🌱

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@pranseyswhat Not gonna lie, the courage to raise two Mythical Pocket ToyZ at once is pretty cute too 🤏
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Prans retweetledi


@PixelHeroesMMO's Blooming Event is here! #1 Struggle would be:
- Watering Can
In loving memories of Snodie. #PHA

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@PixelHeroesMMO's Blooming Event is here!
#1 Struggle would be:
- Watering Can
In loving memories of Snodie. #PHA

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