Hello everyone,This is Kumon from enish.
Since the last NFT sale, GEEK prices have been on a downward trend, and after reviewing and evaluating the measures taken in October and November, we have determined that the change to a variable ADP earning system for GEEK holdings has had a large impact on GEEK prices. Previously, the amount of ADP earned was fixed in relation to the amount of GEEK held, so there was an incentive to purchase GEEK even when prices were falling, but we believe that this incentive may have been lost more than we expected with the change to a variable system.
In order to remedy this situation, I am writing this letter to inform you of our policy to return the GEEK holding method of earning ADP to fixed.
We apologize for the inconvenience to many of you, as this adjustment has been made in the short span of about a month since the last change. In order to improve the situation and keep the game running for many years to come, we have made this decision early to prevent the situation from getting worse. We hope you understand and appreciate your continued support.
In conjunction with this change, we have also reviewed GEEK's monthly holding fees. Please see the list below.
Updates to ADP Rewards for GEEK/OAS Ownership
Below are the details of this change.
We are reverting the ADP rewards for GEEK (or OAS) ownership from a variable system back to a fixed-rate system.
Current: 5 ADP per $1 worth of GEEK
After Change: 1 GEEK = 1/3 ADP
Scheduled to be held around 12/20 (to be announced)
While the variable system was implemented with careful consideration, it appears to have reduced the incentive to purchase GEEK during price drops. To address this issue, we’ve decided to return to the previous fixed model.
Additional GEEK Ownership Rewards
Reward Details
Each reward will be upgraded and new rewards of 1.5 million GEEK or more will be added, effective for distribution at the beginning of the month of January.
The newly added rewards are listed in red.
| Average GEEK Holdings | Reward Type | Quantity |
|---|---|---|
| 1,000 〜 10,000 GEEK |
Sealed BOX Slot Limit Sealed BOX Unlock Limit Daily Dungeon Play Count Sub-Parameter Reappraisal Chip Klon |
+2 +2 +1 1 200,000 |
| 10,001 〜 50,000 GEEK | Storage Limit (Equipment) Premium Gacha Ticket Sub-Parameter Reappraisal Chip Klon |
+100 5 1→3 500,000 |
| 50,001 〜 100,000 GEEK | ★4 Evolution Data (General DOLL) Premium Gacha Ticket Sub-Parameter Reappraisal Chip Klon |
1 5→7 3 500,000→700,000 |
| 100,001 〜 300,000 GEEK | ★★3 Evolution Data (General DOLL) ★4 Evolution Data (General Equipment) Guaranteed ★4 DOLL Gacha Ticket Storage Limit (Equipment) Ability Inheritance Chip (Blue Frame) Free Unsealing Sealed BOX Fragment (Equipment, Gold) |
1 1 1 +100 1→3 10 |
| 300,001 〜 600,000 GEEK | ★3 Evolution Data (General DOLL) Guaranteed ★4 DOLL Gacha Ticket SS-Class DOLL Fragment Selection BOX Equipment Selection BOX (Excludes ★4 SS) Enhancement Support Data (Universal) Sub-Parameter Reappraisal Chip Free Unsealing Sealed BOX Fragment (Equipment, Gold) |
2 1 25 1 10 5 15 |
| 600,001 〜 999,999 GEEK | ★4 Evolution Data (General DOLL) ★4 Evolution Data (General Equipment) SS-Class DOLL Fragment Selection BOX Big Enhancement Data Selection BOX Land Coin Free Unsealing Sealed BOX Fragment (Equipment, Gold) |
1 1 25→50 10→20 100 20 |
| 1,000,000 ~ 1,499,999 GEEK | ★5 Evolution Data (General DOLL) ★5 Evolution Data (General Equipment) Free Unsealing Sealed BOX Fragment (Equipment, Gold) |
1 1 25 |
| 1,500,000 GEEK ~ | SS-Class Equipment ★4 Selection BOX (Excludes Accessories) ★5 Evolution Data (General DOLL) ★5 Evolution Data (General Equipment) Free Unsealing Sealed BOX Fragment (Equipment, Gold) |
1 1 1 30 |
*3 evolution data will be provided as soon as it can be implemented. The current plan is to implement it in the final update by the end of the year, so we are working on it in time for January.
*NFT equipment BOX is a random BOX equivalent to a gold engraved BOX, and 100 tickets can be exchanged for one BOX. Also, since the NFT will be an EARN-only NFT by GEEKBOX, it cannot be sold on the marketplace or out to wallets (in fact, it has been restricted for about 2 years).
With this modification, we intend to make each reward quite generous in order to thank everyone who has purchased and held GEEKs to date and in the hope that you will purchase GEEKs at a renewed discount in the future. We hope you will take this opportunity to support us.
Extension of the xGEEK Purchase Campaign on the Official My Page
The ongoing campaign on our official website's My Page, which provides additional ADP and xGEEK (lite) for GEEK-to-xGEEK exchanges, will be extended for the time being. This ensures the continued benefits of converting GEEK to xGEEK.
ADP Bonus: Increase from 1 → 3 ADP for every 10 xGEEK (paid) exchanged (3x boost).
xGEEK (lite) Bonus: Increase from 2 → 4 xGEEK (lite) for every 10 xGEEK (paid) exchanged (2x boost).
[Duration]We will provide a separate announcement as the campaign approaches its end.
We will continue the campaign for a while now, keeping a close eye on GEEK prices to ensure that it makes sense to both own GEEKs and consume GEEKs.
Once again, we would very much appreciate your understanding and support. Please use the form below to send us your comments about Talknomics and our policies, and we are always happy to see your tagged tweets on X.
Thank you for your continued support of Last Memories!
Executive Producer
Yoshiyuki Kumon
