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Lars
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14 Nov, 6 tweets, 1 min read
I would like to propose an antonym to FUD (Fear, Uncertainty, and Doubt)

BAH

Belief, Assurance, and Hope
Use responsibly
FUD is bad-faith criticism meant to undermine confidence in a project without bringing up anything actually substantial

BAH is the flip-side
There is nothing wrong with either criticizing a project nor with defending it, so long as you engage in good faith, are willing to take correction when you are wrong, accept the limits of your predictions, and stay humble.

Spread neither BAH nor FUD
Chances of someone already having come up with the "BAH" acronym before me: ~25%, so if someone already did this 10 years ago give credit to them instead
Alternative: Belief, Assurance, and Hype

Which do you like better, Hope or Hype for the H?

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More from @larsiusprime

Lars
15 Nov
People say there's a coming "crypto culture war", but there's actually TWO.

The first is external -- crypto maxis versus normies -- with the first front in the game world, where traditional gamers and gamedevs are putting up pretty fierce resistance.

The second is internal
Crypto gaming projects are seriously lacking experienced game dev talent, but skeptical game developers (my own tribe, more or less) are mostly not willing to work on crypto projects -- many refuse to on principle and those that don't risk alienating their friends and colleagues
People coming from crypto land severely underestimate how deep the distrust and disgust coming from traditional game developers can be. Like friends and colleagues will block you for openly working on these projects. Hiring trad. game devs is going to require hazard pay.
Read 22 tweets
Lars
15 Nov
Predictions for next week regarding the big Axie paper my colleagues and I put out:

1) The cryptogaming discourse hype evolves from "Play To Earn" to "Play AND Earn"

2) Opportunistic Axie clones prematurely try to dance on Axie's grave
Don't count Axie out just yet, they have a ridiculous war chest and it's not clear how much wood remains to burn through; don't forget they intentionally slowed their own growth by halving payouts.
They're read the report and if they take our concerns to heart they could come out with any number of surprises when it comes to the new upcoming features; hopefully they avoid the predictable dangers we laid out in the report.
Read 8 tweets
Lars
12 Nov
After months of incredible growth, the daily earnings of the typical player of Axie Infinity (a "scholar" in the Philippines) have fallen below the Philippines' minimum wage line for all but the high ranking players, and even they have seen earnings decline since August
This is just one of many findings of a highly detailed research project that I worked on in partnership with @naavik_co

Find our podcast summarizing the findings here:
share.transistor.fm/s/7c06129e

Our read the free report here:
naavik.co/business-break…
@naavik_co "Scholars" are players, typically in developing countries, who cannot afford to purchase 3 Axies (NFT-based virtual pokemon-like creatures) which are necessary to play the game. They are loaned these assets by "sponsors" who take a cut of their earnings.
Read 52 tweets
Lars
12 Nov
One thing about NFT's that some people from my side (the skeptic side) don't always get is that a huge amount of these "art" NFT's values is tied up with speculative value in the promise that these things are going to be embodied in interactive apps/games described in whitepapers
That is in itself not a reason to be any less skeptical, of course (in many cases it's a reason to be *more* skeptical) but if you were wondering why people put so much money into a digital receipt for a jpeg of a digital monkey, that's part of it
And there's the ongoing hope, that I feel is fairly undercooked, that somehow, magically, MULTIPLE 3rd party developers are going to be incentivized to embody popular NFT collections in their app.

To some degree this is happening! It feels undercooked to me, but still watching.
Read 14 tweets
Lars
11 Nov
To people wanting to build platforms: what do Roblox and Steam, two antecedents everyone points to as what they want to be for their domain, have in common? Enormous head starts while everyone else ignored and underestimated them.
Roblox quietly launched in the 2000’s and many of my colleagues only discovered them this past year, Steam grew during the “PC gaming is dead” era. Both had AGES to entrench
Steam had a killer app (counter strike and half life 2), and Roblox didn’t, but they had enough time unopposed to build up despite that.
Read 7 tweets
Lars
10 Nov
Well I just embarrassed myself in front of the entire industry how's your day going
The moment I've always feared has finally arrived: lose my cool and say exactly what I'm thinking and then self-trigger a narcoleptic attack live on camera in front of God and everybody
Let's just get ahead of it while I can:

On a panel about NFTs I was giving my standard crypto-skeptical response until I got my blood up, called the founder of The Sandbox a "Liar", and self-triggered a full blown narcoleptic attack.
Read 9 tweets

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