Crypto.Edgar Profile picture
Sep 15 11 tweets 6 min read
1/
@Stepnofficial really needs to make some changes to the way they communicate

I'm left with an unsatisfied feeling after yesterdays Town hall

I'll share some thoughts and break down some items from which I think they can be improved.👇
2/
First of all, A town hall meeting is the moment that you connect to your community.

Listen to what they've got to say, address their issues and frustrations. Provide transparency & clarity.

Share what you're working on and provide some updates.
3/
Consider purchasing tools such that people can ask & upvote questions during the town hall.

Eventually you'll get a top list of most burning questions which can be addressed on the spot.

Give them a feeling that they're being heard.
4/
Next, I'm not entirely sure why there were so many speakers today?

@Barndog_Solana grew in his role as a moderator and he's doing great running the meetings.

Have @yawn_rong or perhaps even @Mable_Jiang (she's been impressive on AMA's) as a #StepN representative. That's it.
5/
Stay focussed to the goal of the meeting. I love listening to podcasts such as @HowIBuiltThis where founders share their story but a town hall isn't the right place to do so.

Include your community in this event. People used to get up for this in the middle of their nights.
6/
Being overly optimistic in dire times can be counterproductive.

Some questions which could've been addressed:
- Q3 is about to end. Were sneakers & #GMT purchased from Q2 earnings?
- Ape realm: Hyped up severely and then nothing
- #STEPtember: Why no in-app challenges?
7/
Something I've brought up before ().

Who's the leader at #StepN?

Founders aren't per se good leaders. @yawn_rong is a smart person but @Mable_Jiang is the individual that gives me most leadership vibes. The tower of strength.

What do you think?
8/
Taken from: linkedin.com/pulse/you-foun…

"Leadership is the core skill that unifies the founding team together and also a bridge that connects the startup and the funders or external stakeholders including customers and suppliers."
9/
I don't mean to be overly negative and I don't know the inner workings but I'm no longer getting inspired.

A combination of several (former) bad impulsive decisions & being publicly muted for a while make it hard to rally behind @yawn_rong. Many problems remain unanswered.
10/
I keep doing my daily energy and am grateful that #StepN could impact my life in a positive way.

But a town hall like todays might do more harm than good.

A lot of time & effort is invested. Make sure that you manage to reach your doubters ( community & new investors).
11/
Let me know your thoughts in the comments below.

For future updates and info, make sure to follow @CryptoEdgar_

Please help me spread the message by clicking Like♥️ & Share🔁 on the FIRST post.

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More from @CryptoEdgar_

Sep 16
1/
Let's take a look at the marketplace revenue of #StepN for #Aperealm (#ETH) in Q3 so far👇 Image
2/
For a solid 3 weeks #StepN has been earning between 65 and 105 ETH on a daily basis.

On 11/08/2022 there was a major drop. I don't know why this was the case (sneaker floor price dropped drastically?)

Currently daily earnings are around +/- 1.5 ETH Image
3/
Translating the previous chart to $USDC shows that #StepN was earning +/- $100,000 daily in the first 3 weeks after launch (with spikes to $150,000 daily).

The current daily earnings are between $2,500 and $5,000. Image
Read 7 tweets
Sep 14
1/15

#StepN Townhall AMA 14/09/2022

* Backstory of @yawn_rong & @Jerry10240
- Satoshi
- Graphics
- GPS issues
- Marketing
- Hackathon
- Surgery & Hype
* Genesis sneaker design
* Hong Kong expansion
* #GMT earnings
* #EthereumMerge
2/

Backstory

* @yawn_rong & @Jerry10240 wanted to build a game around #Satoshi
* He died on Earth, shattered in pieces. People had to walk to collect shards/pieces of him.
* That’s why there’re gems in the game.
* But if you have a storyline, you need to stick to the storyline.
3/

* All in all, they cut the whole thing but they kept the token name (Green Satoshi Token & Green Metaverse Token)
* @Jerry10240 & @yawn_rong cycled through some names (Drystack?, Stride etc)
* Focus on global warming
Read 16 tweets
Sep 4
1/
An overview of the fees #STEPN accumulated in Q3 on #Solana

Some assumptions were made:
1. #SOL & #GMT leaving the fee wallet are sold for #USDC (not proven)
2. Averages were calculated for some days (infrequency of the data).

I hope everything's clear & can provide value Image
2/
Daily-earnings (SOL)

It's important to know that @Stepnofficial doesn't transfer their fees daily. This is why I had to calculate averages for July. The numbers are more accurate for August.

Fees dropped from +/- 3,000 SOL in early July to half of this for most of August. Image
@Stepnofficial 3/
Daily-earnings (USDC)

Translating all the data to USD shows that #STEPN was earning around $100,000 daily in fees earlier on in July. In the recent week, this number has dropped to +/- $45,000 daily. Image
Read 7 tweets
Aug 17
1/
Summary @Stepnofficial #STEPN #Townhall 17/08/2022:
* Priorities
* Why #GMT earnings?
* Process
* Why classic pool?
* 80% to rainbow?
* Timeframes
* Progress bar
* Schadenfreude pools
* Extras
* Rollover mechanic
* Account upgrades
* Apple
* Other app updates
* Collaborations
2/
Priorities

* Shifting focus to #Solana & #BSC realm (floor & #GST price). Leverage #GMT earnings to create reciprocal relationship with #GST.
* Building several apps concurrently. Bumped social app to the top of the list.
* August release goal for NFT marketplace is postponed
3/
Why #GMT earnings?

* #GMT mining is prioritised (UX, new sneakers, old mechanics)
* Most important task is to revise & revitalise
* Positive feedback loop with the #GST price
Read 19 tweets
Aug 16
1/9
Some topics that I hope will be covered during the #STEPN Townhall:
* Ape Realm. The good & The bad
* DOOAR stats
* HP system
* @Jerry10240's tweet
* Some info on partnerships: @_p12_, @solanaspaces, LINE etc.
* Achievements & Badge system
* What's more?
2/
Ape Realm. The good & The bad

* Potential lined up partnerships
* Explanation regarding the genesis sneaker use cases
* Some insights on the #BAYC airdrop. Did it hit the mark?
* Clarification on the on chain issue during launch ()
3/
DOOAR stats

* Share some numbers regarding the #DEX cross chain. I'm reading in multiple conversations that #DOOAR is "the biggest on #Solana" etc.

Also: Is the frontend (linked by @coingecko coingecko.com/en/exchanges/d…) to be used?

Link: beta.dooar.com/swap?inputCurr…
Read 9 tweets
Aug 15
1/18
Summary @genopets #Genopets Townhall 15/08/2022 with @mralbertchen, @benjamin_tse, @JAyDChang:
* Milestones
* More info
* Statistics
* $Ki burns
* Crystal Emission
* Guilds
* Cheaters
* Roadmap
* Genesis holders
* Extra infos
* Safety in #Web3
* Resources
2/
Milestones

* $Ki token launched on August 20th
* 5 days since habitat management launch
* Private beta has been ongoing for 1 week and new members joining
* New whitepaper (whitepaper.genopets.me)
* A new website. Animations
3/
More info

* Treasure hunt rewards were airdropped. Puzzles will come back soon
* If purchased a genesis habitat/genopet, go to "get-beta-invite" in Discord to enter the #genoverse. Regular habitats supported soon
* Sunday, @mralbertchen was in Discord for about 5h to clarify
Read 19 tweets

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