Filippo🛸

@fantasy_top_ 1.Make a token and use it for core game buy ins and prizes. So easy. 2.Launch a token and give it to your believers - great move ALWAYS! If you don't want to be responsible for the token - don't be, call it a meme token and that's it. But you scammed users by useless FAN points.

@0xKipit Make a token and use it for core game buy ins and prizes. So easy.

@0xKipit What are you talking about?! Launch a token and give it to your believers - great move ALWAYS! If you don't want to be responsible for the token - don't be, call it a meme token and that's it. But in the end you scammed your users by giving them 2 years useless FAN points.

I believe self custody of assets with private keys is legitimately one of the most powerful tools for sovereignty we have ever devised but the industry has completely bastardized this term to the point of uselessness. The original notion (in my mind at least) of self custody was having a string of letters and numbers or 12 words that unlock your assets. “Self-custody” when interacting with smart contracts and defi has become virtually meaningless at this point, encumbering coins with layers and layers of risks and dependencies, incredibly misleading A lot of this narrative was ostensibly for regulatory reasons: “we don’t take custody of your assets, you deposit them in this pool or contract with self-executing code” but that’s so obviously not true at this point it’s an insult to our lived experience. Or, if it is “true” in the literal sense that the code technically always does what it is allowed to do, the “self-custody” component is very far down the list of what is actually important with these systems, a red herring really. Clearly Drift depositors didn’t (don’t) have “self-custody” of their funds. And the common retort is “well Drift doesn’t really either.” ok but North Korea does now. At this point I liken self-custody in the context of defi to saying that you are the only one with the keys to the front door of a bank vault but there’s another door on the other side of the vault that criminals (or regulators, who knows) can enter with impunity and take your assets. Is it really that relevant that you’re the only one with a key to the front door? The reason this is jading is because truly securing your wealth with private keys if you choose is a 0 to 1 unlock for some people (maybe the only real 0 to 1 unlock in this space) but that was conflated with all of these systems that have multisigs, upgrade keys, oracle dependencies, layers upon layers, turtles all the way down, often times with very obvious single points of failure. What is the value of self custody when a multisig can reorg your assets out of existence? The whole thing is very disillusioning

It’s very hard to put yourself in someone else’s shoes when you’re isolated from the context, and it’s very easy to hand out advice. But if I were a member of the @fantasy_top_ team, I would do the following (we have nothing to lose anyway): 1) Prize frags = 0. In the current situation, when there’s no demand for cards, there’s no point in continuing to spin up the inflation flywheel. But this would have a strong effect on reinforcing the in-game economy, which has been wrecked by two years of uncontrolled card issuance. And if the game suddenly comes back to life, the impact of this move would be felt immediately. 2) Bring back the Reverse league. With conditional/symbolic rewards in the form of fan points, if we can’t allocate 1–2 ETH per week to it. Reverse created a unique meta in this game and gave meaning to dozens of heroes and tens of thousands of cards that are completely unnecessary now. 3) Announce a clear criterion under which a future TGE could happen. This condition must not be abusable - a condition like “the token will launch if we reach 5k weekly unique players over a two-month period” is bad and unacceptable. A condition like “the token will launch if net inflows to the treasury exceed expenses for two months” is good. At the same time, there needs to be serious justification for a token - proper tokenomics and, again, real purpose. Otherwise, you’ll be branded forever as “the team that killed the protocol by not launching a token” (even though part of the community understands that a token, without other changes, won’t have any positive effect). 4) Listen to the community more closely. The community is fragmented and everyone is pulling the blanket toward themselves. But you can find a way to aggregate their voices, run surveys, and draw conclusions. 5) Drop the idea of building castles in the air - especially ones that others have already built. Otherwise, we already know how this ends - and, more importantly, we even know when it will happen.

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@fantasy_top_ 4/8

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Over the weekend I watched 'Now You See Me: Now You Don’t'. Tried to switch off crypto for a bit. But in the opening scene they expose three crypto scammers who robbed people via their fake CEX. Not spoiling the rest, but every time crypto shows up in movies it’s the same story. We’re always shown as money launderers or loud tech guys flexing wealth. This view hasn’t improved over the years. If anything it got worse even after major wins. Today FT wrote about the crypto crash & Saylor and the comments are the usual: “Ponzi on Ponzi. Can’t wait until it goes to zero.” Many think crypto is a Republican thing now. Or that stablecoins will trigger the next big crisis. So the negative sentiment isn’t new, but ETFs, institutional use, stablecoins… none of it moved the sentiment yet. And with retail not making money this cycle, crypto isn’t seen as a way to 'make it' anymore. At least we lost the 'get rich quick' label lol But the 'upgrade the system' message (like Coinbase ads) still isn’t landing. People are still searching for solutions to the housing crisis, inflation etc., And crypto isn't even considered a possible solution. In that sense, we’re still early.

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Still playing Fantasy with pleasure, ty @fantasy_top_, ty @base

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