DiamondCruiser

Let me explain this in simple terms since no one on CT can do it. The main problem of gaming tokens is that they can be sold on DEXes/CExes for money. This completely destroys any in game economy no matter how many sinks you have. It changes the focus from making a game to managing a currency/treasury. Apptokens completely removes that ability. Now your tokens behave exactly like a web2 primogem or robux. It is sold to players for a fixed price (or given away). It cannot be sold or exchanged anywhere except in game (banned in dex and cex). It can only be used in games allowed by the dev. The price will never change (or maybe even go up or go on sale sometimes). You dont need market makers. Supply is irrelevant. You can mint infinite supply to acquire users (free robux!) The only thing that matters is THE GAME. Now, WHY did Limitbreak simply copy the web2 primogem? BECAUSE there is a maximum amount of $999/$2,000 daily spend for apps on IOS and Google Play. LB wants to literally break the limit for spending on primogems on web3. People spend millions in crypto on a pudgy penguin or on a memecoin. Gabe wants this money flowing into his game without daily monetary limits plus 30% apple store/google play cuts.

@Enryu_gfh Unregistered exchanges do not pay taxes. Bingo Plus sent 33b to the government in the first half of 2025.

I don't get Phillippines, they are banning Crypto but not Online Casino. There are banners/billboards of Online Casinos everywhere.

@waleswoosh x.com/i/status/17827…

A lot of people are sharing their stories about how they got scammed in the Space KOL round. I've said this many times before, but all KOL rounds are scams. When I first got some clout on CT, I started getting approached for KOL rounds. And every single one I invested in is down -99%. Don't do KOL rounds, no matter how good of a play they look like at the time. I was terribly unsophisticated back then, and people took my money (I gave it to them) to buy Porsches while their token went to zero. Don't make the same mistakes I did

@0xDith 10k "players" amirite

I love onchain games. But onchain games are cupcake shop businesses. The best performing onchain games serve 1K - 10K players and run $ 1M to $ 5M in annual revenue. Anything above has historically depended on exogenous factors: euphoric conditions, chain subsidies, or airdrop speculation.. all of which are temporary in nature. None have broken out of the relatively low ceiling above them and that's partly because financialized games have better PMF in other forms (perps, prediction markets, etc). Hyperliquid generates >$1bn in annualized revenue and has crossed $ 4t (yes t as in trillion) in cumulative volume. Polymarket has done ~ $ 20bn volume in the last 2 months. Prediction markets & perps are speculation games everyone can play with zero prior context or learning curve because there are now markets for everything. If you want to then onchain games are a nice cuppa earl grey tea: loved by some.. but niche compared to the availability and appeal of alternatives: black tea, green tea, breakfast tea etc. So as it stands today, onchain games sit in this weird spot, with a low ceiling. Now.. assuming you want to build a valuable ecosystem, then an onchain game CAN be a great and viable wedge to start, and a product within {insert ecosystem vision here}, but builders must figure out what to build beyond it to achieve said value. That's the question facing every team who starts their business with an onchain game, including us (and we've been working on our answer - we're just not talking about it... YET). All this said, I guess it's fine NOT to want to ... I just have no idea what that feels like.

@excelsorph Right now it's cash only. But first batch is already sold out. Re ordering again for next week but I can reserve.

@Diamond_Cruiser I just saw it! do you accept CC? it’s cheaper too at 6,500

As I was contemplating as I had a gut feeling about it, news that they already have a local distributor came in and they sell at more than half the price of the ones in Marketplace. Time to ape in. PS: it used to sell at 15K PHP per box

@jbondwagon @avalanchexbt We are losers and chokers. I hate this team.

@avalanchexbt @Diamond_Cruiser 😂

Celtics blew a 3-1 lead. Life is good.

@BrightAvian @shivst3r Yup. You can see the big difference between a token event and an NFT community event.

@shivst3r Told that to people when Pepe came out. Nobody wanted to hear it back then. Show me the $pepe community. Then compare to apes, penguins, azuki, punks, or even much smaller nft projects.

Memecoins taught this space a lesson it didn't expect. Everyone chased them because the money was fast, and for a while, it worked. New coin every day, quick flip, move on, nobody needed to care about the team or the product or the community because there wasn't one. But fast money leaves as fast as it comes. Now look around, where are those communities? Where are the group chats? Where are the people who said they'd "never go back to NFTs"? Most of them are either gone or quietly coming back. Because you can't fake what NFT communities built over years, which is the loyalty, the culture, and the people who stuck around through the worst market conditions imaginable and still showed up every day. Try building that around a coin that launched three hours ago. The sentiment is already shifting. The people who wrote off NFTs are slowly realising that nothing else in crypto comes close to the community infrastructure that was built here. NFTs.

I disagree on this. Top tier creative guys are wired to think and do different things all at once. They hire COOs to execute their ideas. But stifling their mind is one of the worst things you can do as a board. Ex: uber founder Elon Musk tweets about 20 diff things a day.

@graildoteth @BrightAvian @PopPunkOnChain Tokens was required before he could get investment from Jump and Pumpfun. He didnt have tokens. Correct, he could issue a new token but would be labelled a scammer forever. However, Jump and Pumpfun didnt sign the SAFE. Requiring token holders to do so is a massive red flag.

So I take the other side of that view. And I'm taking that side by holding here for the long term to see this story play out. The entire team has barely any tokens. He didn't have to keep the tokens to raise money. In fact, @PopPunkOnChain could have certainly raised $10M+ by ditching the token over the past 7 months. Keeping the community token was the HARD thing, not the easy thing, to do. The fact that the team wants to give up equity here to token holders means they see value in the token itself. And it's good to have the team incentivized by also holding the token. Even more so if they intend to make that token valuable. I'll bet my stack they are going to shock and awe with the tokenomics to guarantee the token is fundamental to the platform and is peppered with so many value accrual mechanisms that there is going to be more incentive to hold the token than dump the token. As for the ACE round, it's optionality. You can convert tokens for equity or not. I don't view offering the choice as diminishing the holders. Equity layer in web3 is a long shot here (usually does not accrue any value), but prediction markets are the one PMF in crypto that have proved to be cash profitable, which means the equity can be valuable.

Fun fact. In December, my $MEGA position (~$169,000 ICO investment) was 4x my total $PUMPCADE bag. Four months later, my $PUMPCADE position alone is ~7x my $MEGA (pre-TGE) position. In crypto, days are months, and months are years. You are 1 trade away from changing your life if you can just see the opportunity slightly earlier than everyone else. You could be at the bottom of a cavern one day, and on the summit of Everest just 6 months later. Keep grinding opportunities as you see them before they become consensus trades. Find new things, look for contrarian trades (betting against the crowd), and experiment with new products and ecosystems before the crowd. Look for products that are not just building in an upcoming narrative, look for products BUILDING that narrative. You want to find category creators for the biggest early wins, not category copiers. When you find that early conviction trade that the market has not yet seen or validated, grab it with both hands, bite down hard, and be willing to endure keeping that bite locked for an uncomfortable amount of time. That's how you find big wins.

@bitpinas @mmichaels_21 @binance Hala

🚨 BREAKING: @binance, prominent foreign cexes REMOVED from APP STORE in the Philippines today. 👇

@graildoteth @BrightAvian Not caring about how to exit your investment is what got you into trouble with web3 gaming. In contrast, poppunkonchain created a very convoluted way to get your tokens for free in exchange for a "promise". He will then send these tokens to VCs for hard cash for himself.

@diamondcruiser @BrightAvian Forced hold. They either bust out and scale distribution of the product to users across this space, which means the token will attract liquidity all over the place or the trade fails. It's not a trade, it's an investment. So I don't care about this right now.

@jbondwagon He sent out a google form but it's obvious who are the top nft projects left in the space. There's less than 15 left lmao.

Yes, I love that Luca is taking the first step to unite NFT leaders & get them together in solving NFT’s biggest problems… But I’m not gonna act that he wasn’t out here saying that he’ll “mop” every memecoin & NFT that we’re betting that’s gonna be better than them last year 😅

@Hantao Users

What’s the major reason most web3 games have failed? Share your honest take and I’ll tell you why you are wrong

@Xeer You could buy actual risk free US treasury bonds for that 3% palsy return.

I remember when ftx happened, those of us who were chronically online had a day or so to withdraw funds once the alarm bells went off. Those that were burnt the most were the ones who claimed it was "too big to fail" and everyone else was just spreading fud. Not to say the same is happening right now but if you have a significant portion of your networth tied up in defi for "risk free" 3-4% yield, best rethink your position if that's still an option.

@Clit_Yeastwould No. They understand it perfectly. Puzzle Panic is just in soft launch. It will officially launch in Japan which is the prime market for these type of games. Limit Break only has 2 offices - utah and japan. So they know their target audience. China and korea too I think

I never said that the genre wasn't successful I said they didn't understand their target audience As in, the people who they should market this game to are not playing match-3 games and that is why none of the top casual games are hypersexualized They are for kids and housewives

Limit Break spent years talking about building the next generation of gaming… Just to land on a match-3 with motivational physics Talk about misunderstanding a target audience

@gabrielleydon Lmaoooo

@diamondcruiser I’m playing pretty fast. 🤣 I have thousands of hours in this game now

More gameplay from Puzzle Panic! 🤩

@gabrielleydon @limitbreak Let's give Royal Match a run for their money. Congratulations!

We’ve officially launched a limited test of @limitbreak first mobile game: Puzzle Panic! Now live on iOS in New Zealand, Australia, and Singapore.