-
Posts
2529 -
Joined
-
Last visited
Content Type
Profiles
Forums
Store
Downloads
Recruiting - 2020
2019-2020 Football Season
Football
Entertainment
Sports
News and Business
Cloak Room
Transfer Portal
Recruiting
Events
Everything posted by gyroprotagonist
-
Don't ask me. i just sold a pixelated owl for $57,000 that i bought yesterday for $7k. Not sure i made the right call to sell either. Little guy is cute.
-
i am not arguing for either side and tried to point out that yes, for growth, new users are a must. it's just a fascinating story to me that $1.3B could spring up in 6 months and i posted that since revenue came solely from sales, they obviously needed new blood coming in. it will be interesting to see if something like this can stabilize. For the massive user profits, it 100% needs new players coming in. just like any other MMO game out there. but unlike Activision/Blizzard reaping 100% of the profits, players could partake in some of the profits. It is not a 'recruiting' thing and you have the mechanics wrong. players did not seek out people to sell your nfts to and there was no residual income coming in from selling to others. There was so much demand that if you wanted to sell the nfts, you just listed on the marketplace and people coming in could buy them. after that sale, there are no financial ties between the 2 parties. The lure of quick 'easy' money was brining in new players by the 1000s each day. Everyone wanted to be a super user and set up several teams so the demand stayed strong. The recruiting was from super users (people who put up $20K-$100K to buy 100s of nfts to create dozens of teams) recruiting mostly 3rd world citizens to play the game for them like a job and split the earnings. Each team made maybe $20-$50 a day depending on the strength of the team and how well and how long the user played. so outsourcing the labor for dozens of teams could pay off over time. Just like people playing hearthstone/pokeman, there were also 'professional' gamers that could make a lot more just from playing, but for the people who ran it like a business and outsourced the game playing, they just wanted a team that was 'good enough'. unlike traditional games, which prohibit selling accounts/items/etc.. you could sell your nfts because you owned them without violating the Ts&Cs. RE: gas fees, aside from initially moving an L1 currency into the side chain, the gas fees were negligible (pennies) for all the gaming transactions. if a game resided on the Eth mainnet, you are right and it would not be viable. But almost all blockchain games use a side chain for in-game transactions for this very reason. Axie is a real game that some play for fun, some play to earn a few shekels and a lot more are in it to try and extract a profit because they saw other do it before them.
-
axie generated something like $1.3B revenue in 2021 with most of that in the last 6 months of the year. peaked at over $350M a month. I think all of their revenue generation came from taking 4.25% of each sale and fees for 'breeding' (creating a new nft char from an existing one) the nft chars that battled in the game (think pokeman). i thought about trying to form scholar teams in the June time frame last year, but did not want to lay out the $800-$1500 per team and then find and manage scholar teams (scholars were people that played the game using other people's teams for a cut of the profits). knew of several people who we managing 20-40 teams and making decent money, but it took 2-3 months to break even. like anything else in crypto, if you got in early and had 20+ (good) teams, it was netting like $500+ per team per month. Most were putting the money back in and buying more teams. it is very popular on this thread to say everything is a ponzi, but these games absolutely rely on growing the user base to keep the party going. any MMO game needs paying users to the keep the servers on line and the game running. Blizzard charges ~$180 per year for WoW and they raked in $8B in 2021 for comparison. The popularity and increase in user base was obviously driven by how much one could profit from the game. I did not think the game was that fun on its own, but maybe some did. so axie had literal exponential growth for users and revenue obviously if new axies are getting created someone has to buy them or the price tanks. If you want a massive dive into the beginnings of the rise of axie, this article from July is super in-depth https://www.notboring.co/p/infinity-revenue-infinity-possibilities?s=r. You can see why so many people wanted in on the action around this time and why that growth was going to lead to problems down the road.
-
-
just need to put Greg Davis in charge of moderation. nothing offensive would be posted.
-
what is the skinny on these Frederique Constant watches? was just banging around the interwebz looking at moonphase watches and this one came up. this is listed at $4K at Joma.
-
1/1 NFTs of 'real life moments' seem like a bad play to buy given what i have learned wading around the nft space the last year, but all it takes is one richer fool to want it. But it is such a niche item that there is not going to be mass fomo or the lure of a 'track record' of other similar items going up in value and showing volume sales to draw potential buyers. i guess that's why they went the auction route to try and sell. Below is the time line for this art collection (Fidenzas). Sold for ~0.2eth from the artist almost a year ago, then peaked around 600eth (chart is avg sale price). There were sales above 1000 eth on these. Now the floor is 50eth or so. you can see a typical transaction pattern below the graph where the first person that bought is the only one to make money and the rest were catching falling knives. Well in this case the first person that minted for 0.2 sold it immediately for 1eth. Then that person held it for 5 months and sold it of 95 eth. No real point in posting this, but you never know what is going to take off.
-
WTF and How? Raping a monitor lizard. Yes, a monitor lizard.
gyroprotagonist replied to crash_davis's topic in Daily Texan
-
it's only a loss if you sell
-
who do they think they are? Zola Budd?
-
to short an NFT? no. same way you cannot short the value of a baseball card. some of the NFTs have tokens/coins tied to them. But they may or may not be shortable depending on if they are traded on a cex and if the cex allows margin/leverage trading for that coin.
-
Trivial things that please the ever living shit out of you
gyroprotagonist replied to Tailleur17's topic in Lulz
leaux? -
Daniel figurelli aka Daniel Joseph aka Daniel Wilson
gyroprotagonist replied to Enchubben's topic in Football
"so you see, i had to go undercover to help out the CIA and after the mission, the name just kinda stuck. Worst part was burning all my ties to PWC, but i would do it again to protect the mission and serve my country. Yes i have to check these stupid messageboards to see if coded message ever comes through and they need me back. It's amazing how many bottle caps the CIA has asked me to open with my teeth, so i have to stay vigilant"- 567 replies
-
- 17
-
first work happy hour in ~ 2 years on Monday. talking with some co-workers and Trump comes up. CW - "he's just like us" me - "so you grew up in a Manhattan penthouse with a father who gave you $50M to start your business?" CW - "well, no. I guess he's not like us, but he fights for us" **walks away**
-
but he got to post on Texags that he puts those stickers on a gas pump. advantage: aggy
-
PSA - should probably change your discord password and remove the capcha.bot ap. strong indication that the source code was stolen and some discords were hacked through that.
-
i was diagnosed with partial tear on meniscus in my knee. I got a cortisone shot right into the knee and that supposedly reduced the inflammation enough that it could heal. Something about reducing inflammation and swelling to allow blood flow back to the meniscus. It seemed to do the trick and was able to play basketball and snowboard again. was only ~2-3 months of taking it easy and maybe 1 month of PT regimen. my memory sucks, but it was a lot of balancing on the 1/2 squishy ball and crab walking around with resistance bands. This was ~8 years ago I think. I remember the USMNT in a world cup on TV during PT. it's all about the pain and if the flap of torn meniscus is poking around where it shouldn't be. If the tear is doing that then my ortho said it might need surgery to clean it up and trim the tear back..
-
We did spring break and stayed in Park Cities on the Canyon side (3/12-3/19). Got in super late Friday night/Sat morning ~2am (flight kept getting delayed) but made it to the slopes on Sat by 10:30am. Really liked the place we stayed at. It was the Summit right next to the orange bubble lift at Canyons. Got new snow 2 of the days but temp was never that cold and got up in the 40s a couple of the days. Using the bus to get back and forth between Canyons and Park City was OK. You can use lifts to get between them but the bus was usually faster, with the exception of one day where the buses were taking a really long time and did not manage to get everyone for the trek back to Canyons. They added another bus for that route the next day. Was plagued by equipment failures. soon as i got there my boa (lace system) in my snowboard boots broke. was able to rent some the rest of the week, but got lucky in that they were not taking any walkups for rentals, but they did have a size 15 left. Then first run of the day i get all the way up the lift with my board strapped on my left foot. Get off and go to strap in my right foot and ankle strap is completely gone. That's a bolt/nut that had to come completely undone. Rode the lift back down and went to board shop and they were able to get me a replacement strap digging through their 'junk' bin. Then got stuck on one the lifts for a solid hour as it had a meltdown. all in all, had a blast. kids loved it was kindof a shitshow flying back Saturday on SW, though. we had a connection through Denver and our flight kept getting delayed. We get to DIA and they did not hold the flight. it took off 10 minutes after we landed. There were 10 others in the same boat from our plane. initially said "sorry, not sure why they did not hold that flight. next available flight is Monday at 3pm", lol wut? Wife hammers on them for a few minutes while i look up other airlines and there is nothing to be had the whole weekend. they finally come up with 2 spots on the last flight out to Dallas that night, but can only put the other 2 of us on standby with 2 guaranteed seats on the 6am flight on Sunday. So me and son will go standby and wife and daughter get the seats. Of course they delayed that flight to let connecting passengers make it so we miss on the standby list. Get vouchers for one of the shittiest hotels ever, but made it out the next day.
-
yeah, i have to get 103.3 off the presets at some point
-
$LOOKS is back up and touched $2.25 today. Just going to let my re-buy ride for the foreseeable future. I think the founders had some/most of their issued amount locked, so maybe sell before that. All the little gaming coins/sidechains have been trending up the past week. JEWEL has doubled; RAIDER is up 60%. Same for SAND and MAGIC
-
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
gyroprotagonist replied to surlybevo's topic in Business and Markets
also, taking a little profit and converting some NFT eth gains to fiat here. nice little run up this weekend.
Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business and Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Subscribe!... Donate!... Advertise... COOKIE MONSTER!