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noice.eth
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noice.eth
@noice_eth
Web3 + gaming pioneer @WolvesDAO member
Blockchain Katılım Temmuz 2012
2.6K Takip Edilen735 Takipçiler

@Lorinaura They can bury it. And we will just dig it back up every time. Every. Time.
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@CryptoStache @VladK133 @playoffthegrid No questions.. just tell him I want to make mods / minigames / maps / whatever the kids are calling them these days.
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I am interrogating @VladK133 the CEO of @playoffthegrid TOMORROW.
What hard hitting questions should I ask him?
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thank you @letmelivelml
After everything we've been through, you chose me!
We are truly blessed. Thank you @monad also!

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1) Fresh wallet funded with 40 ETH three days ago.
2) Places bids of 20-40 ETH bids on ENS domains (including binance.eth).
3) Holder of agent.eth sees 35 ETH bid but doesn’t accept it, instead lists for 42 ETH (respect).
4) Wallet loads up 2 ETH more an buys agent.eth for 42 ETH.
5) Wallet renews agent.eth until 2037.
6) Remaining balance: $26 USD

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🐧 PENGU ROLL CALL 🐧
Let’s see how many penguins we can fit under this post!
If you know what Pengu is, or what is a @pudgypenguins, reply with a 🐧 below!
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@noice_eth @apixtwts Yeah but at least they have real and large audiences lol
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the end of gaming tokens
gaming tokens are dead and there is not much you can do about it
we used to have several huge gaming TGEs each month, now we barely have one each quarter, and for every solid launch, there are 10 that shit the bed
while tokens like gala, sand, mana, ape & axs are still sitting at crazy market caps, new launches can barely stay above water
- gunz is down 75% in 3 months with a super low real float
- nxpc down 75% in 2 months
- b3 still at $250m is not even bad, but it's still down 80%+
- Treeverse' token "end" is stuck at a $16m FDV with their last raise being at 70m+
- Ravenquest topped twitch charts when they launched, down 60% in 3 months
Pixels is down 80%+ this year and they are one of the most experienced teams when it comes to tokens in games
i see ronin bullposts every month predicting an inevitable run to $10, yet it's down 80%+ this year (i was hopeful too at some point)...
gaming as a narrative is not a thing anymore and i have doubts it will ever come back to CT
and it's also a broader alt-coin problem... bera and story are both down tremendous too after having launched at high valuations, so are other alt-coins
the token price itself of these gaming tokens is not even the problem, but it's the downstream effects
these team take a huge amount of time to design their token launch, from tokenomics to listings to market makers... it's time intensive and expensive... many teams build their whole game around that token
and then the result is a down only chart that makes it impossible to be bullish on the token, and even tho the token is not their main product, many people will associate the performance of your token with the success of your game or chain
it's death by a thousands cuts
the obvious reality is, most of the games don't need a token, nor should they ever launch one since the games are so bad... but the bad token launches still hurt
exchanges are less likely to list gaming tokens and it gets a lot harder to raise funds... which most games need since making games is damn expensive
unfortunately many teams are stuck, they raised with their tokens so they have no other option than launch one, but they already know they can't properly support the token with their game in its current state
it's an uphill battle you can't win, if not for the fundraising benefits, most games would be better off without a token altogether, just use nfts and usdc and stay stress-free by not having to manage a token
ok but if gaming tokens are dead, is there any hopium?
1. narrative comes back:
→ most games with potential are not building for the "crypto twitter narrative crowd" - a crypto game could make $100m in revenue and nobody would care
2. token buybacks or burns:
→ no game on the market is making nearly enough revenue to make a dent
3. alt season:
→ even if we get an alt season i doubt gaming tokens will outperform tokens like hype, kaito, virtuals, fart etc.
4. new token models:
→ yes please, but most gaming teams are not innovative enough for that (which is understandable since they are in the business of making good games), and many teams are too extractive to consider something different
the most hopeful thing here is likely Limitbreaks apptokens, since they should make innovation a bit easier but we have not seen many teams use them yet, maybe in the future, who knows
but it's not looking great for our shiny internet coins sadly
/end

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@StonkHands @apixtwts True, it was cool to see it happen even knowing it was paid. They had fun and viewers liked the game and tried it out too.
Just like in CT, influenzas prefer to be paid before doing any thing.
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@noice_eth @apixtwts That's still not huge until most streamers are playing crypto games because they like them vs being paid
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