Thread by @T_H_NFT

1/ This project is sweet, it has taken inspiration from other great projects. It is a pretty good entry point right now, though I will admit it has a bit more speculation. This thread will go over my full analysis, please welcome: @neondotgame @Neongame

#NFA #DYOR #Solana #NFTs

2/ Neon Game is an on-chain Solana game where players will allowed to either stake citizens or gangsters. This particular project is inspired by many other projects in the space and has a very similar set up. There are a few key differences which I think will make the game fun.

3/ To start, if you have a citizen, you will be able to stake in 4 different cities with different rates of earning, various games (double or nothing), and different staking times. If you have a Gangster, you have access to the funds the citizens make and can also steal mints.

4/ This game is taking inspiration from a lot of cool projects in this genre. Personally, I think it is a fairly new genre for SOL and there is still room for projects like this to grow. Since this project has yet to launch staking, I do believe it is fairly risky.

5/ Regardless, I would like to share some reasons why I believe we can see a rise in price and why I think it is a particularly good time to enter. First and foremost, the project minted in December and the team has continuously been building since mint.

6/ The team is extremely good at communication and very committed to releasing a secure contract. They have had a live dev net and are constantly collecting feedback from members in the Discord. Not only does this show their commitment to their game, but also openness to changing

7/ Now I know a lot of teams are good at communication, but when you have teams that take the time to go over updates in details, it builds another layer of trust for the community. With recent events, I am adding a little more weight to projects that take the time to do this.

8/ The project is also @civickey certified, which doesn’t carry as much weight as it used to but it does mean something. The team is willing to go through an audit process to build trust. I keep pushing on this trust since I do think it is important for projects to do this.

9/ Personally, I see this trading very similar to @copsdotgame game when it first came out. Cops game had a floor of around 3 FP for quite a while when it first released. If this play is done correctly, you are able to remove your cost basis and continue

10/ There are really two ways to play projects like this. When you stake, you will earn tokens that you can redeem for additional mints. With these additional mints, you can either restake them to scale your token earnings or you can sell the mints on the market.

10/ There are really two ways to play projects like this. When you stake, you will earn tokens that you can redeem for additional mints. With these additional mints, you can either restake them to scale your token earnings or you can sell the mints on the market.

11/ Depending on your risk tolerance and playstyle, both plays end up being profitable, though one has more risk whereas the other has less risk but less future earnings as well. I personally haven’t made an exact decision on the strategy I will play.

12/ Regardless, I think this project goes past the typical staking/breeding and allows the holders to come up with a strategy that fits their playstyle and risk tolerance. If this is something that does interest you, I absolutely recommend checking out their project.