SpikeOctopus69

275 posts

SpikeOctopus69

SpikeOctopus69

@Spikeoctopus69

Investor, Fantasy Top Player

Katılım Aralık 2024
88 Takip Edilen25 Takipçiler
SpikeOctopus69
SpikeOctopus69@Spikeoctopus69·
Finally won the gold league on @fantasy_top_ ! Alon was so clutch in the 4th quarter
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alon
alon@a1lon9·
neet & pumpcade are great examples of why paying attention to all corners of pump is +EV both outperformed recently despite one of them making viral memes for the unemploids and the other building prediction markets from the ground up we're far from realizing pump's mission but it's rewarding to see polar opposites thriving in the bear market
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FantasySheets
FantasySheets@fantasy_sheets_·
🔥 Burn to Draw Rarity Boost Alert! 🔥 @Spikeoctopus69 just burned 2 cards to receive a Legendary deltaxbt! Legendary Supply: 1 cards Est Value: 0.088Ξ ($196)
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Wals
Wals@walsxbt·
Once you go Thai, you can’t go Western $30 btw That’s two coffees and a donut in NY
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Tony
Tony@0xRacist·
I always have my vpn set to israel when I book flights and hotels Lufthansa just gave me a free business class upgrade because they're sorry about the holocaust
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SpikeOctopus69
SpikeOctopus69@Spikeoctopus69·
@frogleader_eth @fantasy_top_ our cards have to be useful for something I hope. We’ll see what it looks like. Not sure why they won’t explore continuing core but charging small amounts of eth to enter
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FrogLeader
FrogLeader@frogleader_eth·
Will you keep playing @fantasy_top_ after ETH rewards run out? (15 weeks from now) If so, what will you most likely continue having fun with?
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SpikeOctopus69
SpikeOctopus69@Spikeoctopus69·
@0xKipit Agreed it’s not a slow rug. Startups aren’t easy. A lot of the posts and responses are emotionally charged instead of factual because we love the core game so much and want FT to succeed and not fail. Some sort of goodwill toward your players soon would go a long way right now
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kipit | fan/acc
kipit | fan/acc@0xKipit·
This “slow rug” narrative is simply false. The sad and simple truth is that Fantasy hasn't achieved product-market fit. We had hype, we had a loyal core, but we never cracked sustainable user acquisition. At peak we had around 15k DAU, heavily boosted by Blast incentives. Fantasy distributed $12M in Blast tokens. This external incentive led us to generate around 70% of our total revenue in the first month of existence. Since then, it was mostly down only. Recent tournament numbers show this: 1,641 unique players registered a deck. 82% created their account before launch, 90% within the first month of mainnet. Less than 10% joined after June 2024, more than 1.5 years ago. That is not a scaling product. That is a loyal but shrinking cohort. We are spending more every week in tournament rewards than we generate in revenue. This is not PMF, it's subsidized retention, which is only ok when you have growth. 1) On execution and pivot User acquisition was always our dark spot and everything we did was aimed at onboarding new users: - Arena removed card ownership friction. - Monad and Base expansion were distribution plays - Clout: attract users to follow Twitter stats, educate them on the meta, and funnel them into the game. We also had a B2B arm bringing rewards into Core alongside InfoFi campaigns. - F2P: a paid game needs a free version to onboard people. - Prediction market: same thesis, same game, but without the NFT economy that's hard to scale and onboard people into. We’re building a product in social fi, something none has ever done properly before, there is no playbook. Yes we did some mistake, yes we could have done things better but anyone that have built anything in his life understand that this is part of the process. 2) “Hidden treasury split” This is simply false. The split was announced from the beginning. The space where we discussed it was attended by the community and multiple members retweeted the information at the time. We also announced the hero share of the fee one week before mainnet launch (x.com/fantasy_top_/s…). At launch, many community members were publicly excited about how much we were giving back. Here are just a few examples from that time: x.com/notthreadguy/s… x.com/frogleader_eth… x.com/bagholder/stat… x.com/ParallelAiRev/… x.com/davidbailey_et… x.com/beo_woolf/stat…. In May 25, when we made an update to this split, we clearly showed the previous breakdown. No one complained at the time (x.com/fantasy_top_/s…). Also, framing revenue as "raising money from the community" is wrong. We are selling a product. Users are paying for cards, packs, and game entries. They are not investing in equity or governance. That is a fundamental distinction. 3) On TGE We never publicly announced a TGE date or commitment. Never. We'd have loved to launch a token, but we do not have found a spot where it made sense long-term. Rugging with a hype token that fades to zero (like 95% do) would've hurt way more people. Successful tokens are backed by strong businesses: Hyperliquid, Jupiter, Pump. We unfortunately never reached those milestones. 4) On runway and the “3 years” claim. We published our numbers to the community openly (x.com/0xKipit/status…). We clearly presented the worst-case scenario as roughly 1 year and the best case as 2.33 years. the 3 years data shared once, in the rush of a stream, was a confusing data point promptly clarified right after. 5) On Arena bots We admitted this was a mistake and we own it. However, the claim that bots copied top players' strategies is wrong. The bots used random decks. This was a way to limit losses on games that weren't full. Subsidising growth via company looses is acceptable. Limiting those looses too. Not disclosing it publicly was the actual mistake, and we should have been transparent about it. ______________ The idea that we intentionally sabotaged a functioning business to extract funds makes no economic sense. The dream of a founder is to build a successful business and create a legacy that outlives them. How does intentionally running a project into the ground serve that goal? I've been building products and companies for more than five years. The last two years of Fantasy are the most exciting and challenging experience I've had. Why would I want it to fail? Building in crypto is brutal, and we've made mistakes along the way, but calling Fantasy Top a "slow rug" after more than two years of hard work genuinely hurt.
Ethos@ethos_network

4 slashes live now as the whole @fantasy_top_ is now being held accountable @travisbickle0x @0xMikado @710_eth @0xKipit Are all being slashed Over 8k credibility score at stake, if the slashes go through.

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SpikeOctopus69
SpikeOctopus69@Spikeoctopus69·
@710_eth @fantasy_top_ It’s obvious how much time and effort you’ve put into the project. There is still hope and many of us will keep playing. Don’t give up on any new ideas and building because of outside noise
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710
710@710_eth·
There is not one person in this world that loves @fantasy_top_ more than me. I don't need a score or review to tell me how much time, energy, and passion I put in over the last 2 years. Regardless, you win as a team and you lose as a team. It's 7am, it's time to work
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Tony
Tony@0xRacist·
I went to this store and everyone knew you
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۟
۟@MINHxDYNASTY·
opening $5,000 of pokemon slabs (+giveaways) x.com/i/broadcasts/1…
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SpikeOctopus69
SpikeOctopus69@Spikeoctopus69·
@karbonbased Please don’t let one moron ruin it for the rest of us who actually enjoy your content and would never disrespect you like that whether or not you post
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karbon 🐺🦊
karbon 🐺🦊@karbonbased·
Blockstream in the Epstein files? It's always the ones you most suspect
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intern
intern@intern·
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۟@MINHxDYNASTY·
this is footage of $700m in longs getting liquidated on hyperliquid praying for this gent
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Taiki Maeda
Taiki Maeda@TaikiMaeda2·
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SpikeOctopus69
SpikeOctopus69@Spikeoctopus69·
@fantasy_top_ early feedback would try a league of 2 rares, 2 epics, and a common. Also try diff durations lets try some week-long leagues just like fantasy sports instead of 3 days. Also do not like the idea of getting to use the same card in many decks. Marketplace needs incentive to buy
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fantasy.top
fantasy.top@fantasy_top_·
PVP LOBBIES BETA IS NOW LIVE 🎮 More leagues. More formats. Play with your friends, compete on your schedule. $10,000 in boosted rewards during beta. Here's everything you need to know to get started 👇
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fantasy.top
fantasy.top@fantasy_top_·
INTRODUCING: PVP LOBBIES ON FANTASY PVP Lobbies enter beta access this Thursday and we're bootstrapping the launch with a $10,000 prize pool sponsorship from the company treasury. This thread breaks down how Lobbies work, why we built them, and what this means for the future of Fantasy 👇
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SpikeOctopus69
SpikeOctopus69@Spikeoctopus69·
@710_eth This is awesome. It’s like I can play fantasy football year round any day the way I want to with my nft fantasy cards that engage on x. Love this
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SpikeOctopus69
SpikeOctopus69@Spikeoctopus69·
@710_eth So hyped for this can’t wait for you and the team to share more with us
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710
710@710_eth·
PVP Lobbies are the closest model to proven fantasy sports concepts. • On-demand, you can play whenever you want and with whoever you want. Friends, family, noobs, whales, sharps. • Scalable, over 50M people in North America play fantasy sports with most starting between the ages of 13-20. This next generation of fantasy players are highly engaged in the daily management of rosters, much more so than the older generation. • Sustainable, free leagues allow players to learn the game with their friends; while paid leagues compose more than 60% of all fantasy sports leagues with the average buy-in ranging between $50-100 per player. • Flexibility, players aren't stuck to 5 set leagues. By allowing players to create hundreds and thousands of leagues, they can find leagues and other players within their skill/team level Overall, I am extremely excited to see this game mode come to life. It opens the door to so many more possibilities over the longer time frame and I will be happy to expand on them more over this week
fantasy.top@fantasy_top_

Season 8 has officially kicked off! New Heroes such as @walsxbt & @ASvanevik get their first taste of the action while @PumpDotFunGuy is making his HIGHLY anticipated comeback to Fantasy. More details about PVP Lobbies and how this new game mode integrates into the future of Fantasy will be announced tomorrow.

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