"LET'S ALL WORK HARD TOGETHER": Clutch Markets Welcomes Interns To The Firm As 0xSimpleFarmer Gives The New Class Its Marching Orders!
2 hours ago
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It’s intern orientation day at the Stonk Exchange as Brokers begin welcoming these wide eyed and pixelated young go getters to the firm for the first time ever!
The bullpen is filling up with starter staches and broccoli headed haircuts this weekend as Clutch Markets welcomes its Sigma and Divergent Interns to the trading floor.
From coffee runs and booking restaurant reservations for their Brokers to taking a seat in the boiler room to work the phones and market the ecosystem to the masses, these Interns are officially clocked in and ready to get to work.
During this morning’s Orientation Space, Clutch Markets Founder 0xSimpleFarmer told the firm’s newest members that their job is to help market the ecosystem, and the best way to do that is to forget much of what crypto has taught them over the years.
“In terms of what we do for onboarding everyday, I want everybody to focus on doing everything except what we’ve been doing here for the last four years, which has proven really ineffective,”he said. “NFTs activate participants is down every single year over the last four years. So the attempt to flip that script has to be an attempt in doing things differently. That means we won’t be chasing every single whitelist and new mint. We are going to be proactive and selective and try to push the cream to the top so that when we do have people who want to invest in our eco we aren’t feeding them crap. We are going to feed them high quality products… Lets all work hard together.”
As the Gazette previously reported, the Interns mint is open to each and every activated StonkBroker and is completely optional. During the first 24 hours, each Broker can welcome an Intern to the firm for $20 in ETH plus 999 $STONKBROKER per Intern. After that, the $STONKBROKER leg of the price rises 10% a day for 10 days, then 1% a day for 365 days. So, if you want your Interns, it pays to mint them sooner rather than later.
“Stonk Interns is 8,888 tokens split into two classes,” SimpleFarmer wrote, “The Sigma class, and the Divergent class, so both the lineage and the class are visible in the token id itself. Every intern mirrors the traits of its parent broker: background, skin, outfit, hair, badge and accessories are the intern versions of the broker's own, drawn in that class's art style, so a broker and its two interns read as one team at a glance.”
Along with sharing their looks and styles, StonkBrokers can allocate up to 2.5% of their future Clock In Rewards revenue to an Intern. With Interns, the goal is to grow the size of the firm without diluting existing the original StonkBrokers.
“Interns have their own two core streams of revenue,” 0xsimpleFarmer explained on this morning’s Oriention Space. “One comes from your parent broker and the other one is independent of your parent broker, which is based on your activation tier. Interns level up activation tier by paying StonkBroker tokens.”
All funds accrued through the Intern mint will go toward centralized exchange listings or token burns, according to 0xSimpleFarmer. As of this morning, $150,000 worth of $STONKBROKER has already been burned.
“Early numbers from The Interns launch are already showing profound effects,” he tweeted this afternoon. “We’ve increased the community size by more than 9,000 wallets holding $STONKBROKER, while simultaneously decreasing the token supply. Over the past 7 days alone, more than 10,000,000 $STONKBROKER has been successfully burned in pursuit of Intern creation. We call that a win win, powered by DeFi”
Looking ahead, 0xSimpleFarmer has big plans for the Interns. On Monday, Clutch Markets plans to launch an all new AMM Pools feature where users will be able to deposit either $STONKBROKER tokens or Intern NFTs to earn fees. Clock In 3.0 is also set to go live, allocating marketing rewards from Intern NFT royalties and 25% of mint proceeds to activated Interns.
“Interns will also operate the lending Marketplace for StonkBroker and Intern NFTs and they will also operate an ENS, name service desk. Fees from that goes towards the intern rewards. There’s quite a few moving pieces, expect collaborations, mints, and projects that we are going to be doing with Moonbir, Good Vibes Club, Normies, Unvault, and a few additional special projects that we are negotiating with right now. “
For more information on claiming your Interns, check out Clutch Markets website here: https://www.stonkbrokers.cash/marketplace?tab=interns
Or, to pick up an Intern for yourself, visit the project’s OpenSea page here: https://opensea.io/collection/interns
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