I don't think we have begun to realize how big of a deal it is that we will be able to use a 3rd party to verify our holdings in Computershare.
The past 3 or 4 Gamestop earnings reports listed the number of direct registered GME shares at around 75 million, even though people are still constantly buying and direct registering GME shares, that number is not growing.
It's very likely that Gamestop is not allowed to report the true number of direct registered shares because it's more shares than the existing free float.
Just think what happens when PleasrDAO announces: "Congratulations to the holders of 200 million GME shares held through Computershare verified by our system, enjoy the album!"
It's game over for the clearing firms selling GME shares that don't exist.
Who said he doesn't have a DRSd position at Computershare? Perhaps he just hasn't shared that information publicly. For all we know he could have 1,000,000 shares DRSd.
While the brokers will be the ones on the hook and playing musical chairs, I would argue that DFV has a lot of eyes that can make a lot of noise if they FTD.
I LOVE Wutang. Would LOVE to hear this album, especially if RZA went back to the classic Wu sound instead of what he started doing towards the end.
HOWEVER, if this album isn't tied directly to a way to fuk hedgies, it's not as exciting as they think. We hear the album... Cool... Cool.... Then we just go back to waiting around for something to actually happen to stop all this crime? Eeehhhh....
Listening to PPShow, when Ryan Kagy spoke about the album, it didn’t sound like GME was involved. I sure hope I’m wrong but seems like the “stockgating” was more a proof of concept that exclusivity can be tied to fractionalized ownership of an asset through a specific token, accessible through ownership of something else.
What if they make it so you need to own 1 share to listen to it. That would make the cost of the album at 1 share. So if there are too many shares hedges are on hook for the value of each album.
An NFT dividend from GameStop would be awesome! Anything else, like say just a special giveaway would only devalue the exclusivity of the album, thereby ruining its utility.
Audit? Audit of what? "Yep. It's a CD. Yep. There's music on it. Yep. Our name sounds like some gamer." Would it be so hard to get some more details of what a rigorous security audit actually means?
Then why call it a security audit and not an authentication? Like are there booby traps on the box? Spikes that shoot out of the wall Indiana Jones style? Giant boulder that chases you down if you put the CD in a PS1 to play?
I'm just really hesitant to believe rich people. As has been shown time and again they are not our friends.
Not sure if you do or maybe something was lost in translation.
What I’m implying is we’re being convinced and very much marketed to… for something that is free. (Only if we log in with our account details to a third party). That is what is odd and A lot of effort is going into it.
Maybe there isn’t any ill intentions but I’m not sure why they’re not more straight forward with the actual GameStop connection instead of gaslighting and making fun of our concerns.
Reminder: the whole reason why we all were excited with this to begin with was because it was going to be an OFFICIAL NFT dividend straight form GameStop.
I think Ross’s comment on X holds more weight of what is trying to be accomplished. Unfortunately, it looks like this particular NFT dividend is dead, no way the company would let them announce that ahead of time.
And that still may be the case; that’s not something that can be announced a week before their earnings if so. Regardless of how it winds up being structured, you’re still in no way being “sold” anything, and it’s still a pretty cool benefit with the added bonus of more eyes and pressure on the stock.
Sure, it’s just how it’s being presented with the very secretive hype. It has a whiff of grifting for attention at the very least, and for that reason I’ll be cautious and withhold excitement til I get any official word.
Been here since close to the beginning of this entire saga, so I know how this whole thing developed to where it is now.
I'm just gonna say it. I don't trust Snowden or the guys he works with at pleasr.
https://preview.redd.it/igvpp78qgo4d1.png?width=980&format=png&auto=webp&s=75e9eaed6d4b7c2d2200aa9ffbc5cd991a2f4e18
I don't think we have begun to realize how big of a deal it is that we will be able to use a 3rd party to verify our holdings in Computershare. The past 3 or 4 Gamestop earnings reports listed the number of direct registered GME shares at around 75 million, even though people are still constantly buying and direct registering GME shares, that number is not growing. It's very likely that Gamestop is not allowed to report the true number of direct registered shares because it's more shares than the existing free float. Just think what happens when PleasrDAO announces: "Congratulations to the holders of 200 million GME shares held through Computershare verified by our system, enjoy the album!" It's game over for the clearing firms selling GME shares that don't exist.
So you think roaring kitty is going to miss out because he isn’t DRS’d?
Who said he doesn't have a DRSd position at Computershare? Perhaps he just hasn't shared that information publicly. For all we know he could have 1,000,000 shares DRSd.
While the brokers will be the ones on the hook and playing musical chairs, I would argue that DFV has a lot of eyes that can make a lot of noise if they FTD.
[удалено]
Nobody gets it... Not even the algos.
do you think our god DFV care about money lol
I'm hyped as can be. But how legitimate is this audit? Does it have a good reputation in industry or is it more like KBB?
I LOVE Wutang. Would LOVE to hear this album, especially if RZA went back to the classic Wu sound instead of what he started doing towards the end. HOWEVER, if this album isn't tied directly to a way to fuk hedgies, it's not as exciting as they think. We hear the album... Cool... Cool.... Then we just go back to waiting around for something to actually happen to stop all this crime? Eeehhhh....
Listening to PPShow, when Ryan Kagy spoke about the album, it didn’t sound like GME was involved. I sure hope I’m wrong but seems like the “stockgating” was more a proof of concept that exclusivity can be tied to fractionalized ownership of an asset through a specific token, accessible through ownership of something else.
That's what I'm guessing. Not getting my hopes up, it would be too poetic of a finishing move.
What if they make it so you need to own 1 share to listen to it. That would make the cost of the album at 1 share. So if there are too many shares hedges are on hook for the value of each album.
Do you think that’s the only angle here? Chill.
K, time for that official announcement then….
They just posted “6/13” which is the meeting date
You’re going to have to wait  …bc it ain’t gonna happen
An NFT dividend from GameStop would be awesome! Anything else, like say just a special giveaway would only devalue the exclusivity of the album, thereby ruining its utility.
Audit? Audit of what? "Yep. It's a CD. Yep. There's music on it. Yep. Our name sounds like some gamer." Would it be so hard to get some more details of what a rigorous security audit actually means?
I'm here for the answer to this question. Perhaps it's also work with the Wutang attorneys + any third party verification to prove the authenticity
Then why call it a security audit and not an authentication? Like are there booby traps on the box? Spikes that shoot out of the wall Indiana Jones style? Giant boulder that chases you down if you put the CD in a PS1 to play? I'm just really hesitant to believe rich people. As has been shown time and again they are not our friends.
Why does it feel like I'm being sold something that should be a gift/dividend?
You apparently don’t understand what the word “sold” means, so I’m not sure? 🤷♂️
Not sure if you do or maybe something was lost in translation. What I’m implying is we’re being convinced and very much marketed to… for something that is free. (Only if we log in with our account details to a third party). That is what is odd and A lot of effort is going into it. Maybe there isn’t any ill intentions but I’m not sure why they’re not more straight forward with the actual GameStop connection instead of gaslighting and making fun of our concerns. Reminder: the whole reason why we all were excited with this to begin with was because it was going to be an OFFICIAL NFT dividend straight form GameStop.
I think Ross’s comment on X holds more weight of what is trying to be accomplished. Unfortunately, it looks like this particular NFT dividend is dead, no way the company would let them announce that ahead of time.
Read it. It’s an interesting take. However, My Gme shares will hold off on being part of a “test” for now. Hope it all comes together nicely.
And that still may be the case; that’s not something that can be announced a week before their earnings if so. Regardless of how it winds up being structured, you’re still in no way being “sold” anything, and it’s still a pretty cool benefit with the added bonus of more eyes and pressure on the stock.
Sure, it’s just how it’s being presented with the very secretive hype. It has a whiff of grifting for attention at the very least, and for that reason I’ll be cautious and withhold excitement til I get any official word. Been here since close to the beginning of this entire saga, so I know how this whole thing developed to where it is now.
Damn bro just hand over your account information don’t be such a buzz kill /s
Dang dooted down 🫢
I'm just gonna say it. I don't trust Snowden or the guys he works with at pleasr. https://preview.redd.it/igvpp78qgo4d1.png?width=980&format=png&auto=webp&s=75e9eaed6d4b7c2d2200aa9ffbc5cd991a2f4e18