Why am I bullish on @avalancheavax #web3 gaming prospects? Well, today, @playcastlecrush, a game developed by @wildlifestudios just started minting NFTs for WL spots. You can get a Founder chest (35 AVAX) or Ascenders (3.5 AVAX).
Is this a big deal? Yes!
I believe that this is only the beginning for @PlayCrabada.
The team is amazing and has been taking feedback from everyone including myself on how to stabilize the economy by focusing on $TUS burns and lower idle game rewards.
#web3 games need to market like #web2 games to make it. Game development is a business.
The high-level difference between web3 and web2 is that value accrues to both the players and game developers. This also means that the risk is also distributed to both parties.
1/ We're in an experimental phase with #GameFi #P2E economics. There are many different token and reward models. @SnailTrailGame has an interesting model which seems to be on the path to sustainability.
$SNAIL has reduced net emission by 350k tokens since launch 👇
1/ Back in action! Sorry for being on a hiatus for so long. First, a personal update, I'm now fully dedicated to web3!
Today was my last day on my 2-week notice. Second, we've ramped up @p2eanalytics, so expect some news, frequent feature additions and #p2e content!
1/ @PlayCrabada #P2E economy update!
Let's dig in. We'll start with $TUS minting and burning which impacts inflation.
Based on the below chart from the @p2eanalytics #GameFi hub, you'll see that, as expected, minting new $TUS has steadily increased due to higher # of crabs.
1/ Crabada economy and ROI update using some charts from @P2EAnalytics!
@PlayCrabada is the #1 #P2E game on @avalancheavax .
1) @P2EAnalytics Discord will be live tomorrow
2) Site will go live Tuesday/Wednesday
Inflation: it's been 0.20-0.45% this week which is good,
A) Net inflation down to 0.2%! Driven by higher breeding and lower emission, likely due to more crabs either looting or renting.
B) Marketplace fees jumped. I added an annualized revenue metric in USD...
In this thread I will cover gameplay, tokenomics, ROI impact and the teams.
This is my high level view and is not meant to be a comprehensive coverage.
A) Net inflation ticked up to 0.6%; good news is that breeding has stabilized
B) Both marketplace and tavern fees were higher, potentially pointing to increase in activity C) TUS holder count growth accelerated!
A) Net inflation is flat at 0.5% compared to 2/20. Both emission and breeding are steady (surprisingly)
B) Marketplace activity has declined