Play to Earn

Here are 12 great threads about crypto that will help you become a better investor: /THREAD

24/ We are all at the experimentation stage. We are early. I believe we all will figure it out together. Note: - This is just a simplified version of token analysis. Deeper analysis of each project can be found at @TheBlockRes https://theblockresearch.com/author/erina-azmi... See more

We spoke to 50+ Web 3 metaverse companies in the past year. My takeaways, summarized.

Crypto gaming and play-to-earn is a misnomer. “True” gameplay is expenditure of time by the player for sacred entertainment value, not secular economic value. That sacred value can later be monetized, but by being financially motivated first, the atomic value swap (1/4)

The genius of @rabbithole_gg is underrated. Protocols wildly overpay for user acquisition through liquidity farming and staking. Farmers are mercenary and jump to the next best opportunity as soon as rewards fall.

I am so confused by the “play-to-earn” model 😭 Players earn tokens by winning battles, and other people buy tokens from them in order to participate in the game. What happens when demand from new players fails to cover payments to old players? What am I missing?

what is the basic non-galaxy-brain math for how a play-to-earn business model can work? How can a company give away the product, pay people to play it, and still make money?

Play to Earn: a 0 to 1 Explainer This is the first thread in a series on P2E games, which will run every other day starting today until my brain is empty. H/t @AriannaSimpson, @gabusch, & @cdixon, who've each contributed different mental models to my thinking on this topic.👇