Crypto.Edgar Profile picture
Sep 30 22 tweets 8 min read
1/ Summary of todays's (30/09/2022) @genopets Town Hall

• Changes
• Why?
• How?
• Genopets DNA
• Genesis Genopets
• Android Users
• Cheaters
• Habitats
• Lore
• Crafting
• Treasure hunt
• Goal
• Legendary augments
• How to get it?

A chance to win an invite code👇 Image
2/ Changes that were/are being rolled out

• Big changes to step to energy convergence changes
• Guild habitat harvest efficiency
• Boost for Genesis Genopets (10% boost when banking steps)
• Full details:
medium.com/@genopets/upda…
3/ Why?

• Encourage people to lvl their pets
• A lvl 22 pet only gives 300 energy more for banking 10k steps vs a lvl 1 pet. Not rewarding enough. Lvling needs to be meaningful
• +/- 50% of the DAU aren’t habitat holders. They've joined for the game. Walk, lvl up & battle.
4/ How?

• Less energy per step on lower pet lvl
• Lower the energy requirement to lvl up
• Level 1 to higher lvls will still take more or less the same time. However lvling will snowball & give significant progression to encourage users to do so.
• Avoid pure walk & harvest
5/ • Defined as "Practical Energy Gain" (whitepaper.genopets.me/game-mechanics…)
• Note: The free pet will eventually turn into an NFT (level requirement before able to do so).
• This through one of the smart contracts the team is currently working on (bring game items in & out of the game)
6/ Genopets DNA

• Discord role
• Started about 1 year ago
• A collective of people that really care about the game
• New system in the works in which DNA roles & Moderators can up & downvote access and removal of new/old members. DAO kind of setup.
7/ Genesis Genopets

• NFT based airdrop coming
1. Crafting related (snapshot date to be announced)
2. Energy drop
• Team also looking at practical advantages in the game.
• Genesis habitat holders aren’t forgotten but Genesis Genopets will be first.
8/ Android Users

@genopets team have approval from Google Fit.
#Android update on the way to improve battery life & step tracking.
• Hopefully available middle next week.
9/ Cheaters

• Automated system in place
• Cheaters are being actively punished (look at leaderboard)
• False positive rate is very low (90%+ are actually cheating)
• Working on automated way to improve the appeal process
10/ Habitats

* Genopet is now visualised on top of the habitat (in-app). Team still working on visual improvements.
* Crafting should improve importance of habitats (more value).
* Team thinking of possibly adding option to deactivate the habitats (due to new pet lvl up changes)
11/ Lore

• Team shared some insights regarding the lore. It’s something they’re working on.
• Interested in incorporating the daily inner human struggles into @genopets.
• Attached are examples of ‘Afraid' and ’Sorrow’. ImageImage
12/ Genopet & Battle

• Team's working on visual expressions of how the pet is feeling (surprised, happy, …)

• Team has been playing with a number of different battle approaches
• Want it to be easy to pickup & difficult to master
• Use phone as a kinetic input device ImageImage
13/ Crafting

• Smart contracts are going well.
• Most of testing is done.
• Integrating with frontend.
• Treasure hunt contract is actually the crafting contract. Kill two birds with one stone.
• Will have possibility to do experiments. Some things might work, others won't
14/ • Users can combine ingredients to tryout new, unexplored recipes.
• If it works, receive the recipe on your mainframe (tied to your account). If it doesn't work, you keep ingredients.
• Future recipes might require a certain habitat level or have an elemental requirement
15/ • Common, Uncommon & Rare augments can be acquired through ingredients in the lab
• Legendary & Mythic items will require a blueprint. Effort needed (through a story, events, active in the community etc)
• Augments are permanent. Can equip & take it off. Doesn’t disappear
16/ Treasure hunt

• Focus on filling out the recipe book.
• Language used in some of the visuals are in a "Genovian alien language" on #ccrypt (ask in Discord for help).
• Launch on Tuesday 8 AM PST // 3 PM UTC.
17/ Goal

1. Have users use the crafting contracts
2. Take players through the experience what crafting will be like

• You have to find out what the recipes are. Solve puzzles
• The ultimate prize is to craft one of the few "Legendary augments"
18/ Legendary augments

• Released into the game through treasure hunts.
• A one time thing. No more will be created after the event.
• Limited edition (300).
19/ How to get it?

• Few weeks of puzzles that need to be completed.
• Solve the puzzle + pay 180 $Ki -> Receive a missing page from the crafting notebook.
• 5 pages grants a 1 time access to the legendary crafting lab.
• Craft legendary augment or get consolidation prize.
20/ • Puzzles can be solved multiple times (they'll change at each new attempt).
• Multiple chances to try & craft but have to pay the cost each time.
• The cost will be a certain amount of crystals, $GENE & $Ki.
21/ Thanks to @genopets, @mralbertchen, @benjamin_tse, @JAyDChang & @goldsajang for todays Town Hall

Follow me @CryptoEdgar_ for more.

Like/Retweet/Comment the first tweet for a chance to win one of the 30 #genopets invite codes (link below):

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More from @CryptoEdgar_

Oct 2
1/ How much did #StepN earn from marketplace fees in Q3?

Let's take a look at the data and compare the numbers throughout the three different realms (#SOL, #BSC & #ETH).

The earned fees should give us some good insights into the health of the different realms.

[Thread 🧵] Image
2/ Daily earnings (#USD)

* On #SOL they've been decreasing on a daily basis.
* On #BSC slightly increasing until 10/08 with a sudden drop off afterwards.
* On #ETH they're reduced to $1,400.

#SOL & #BSC had a sudden spike in the last 2 days of Q3 (#GMT earnings release) ImageImageImage
3/ Key points Daily earnings (#USD)

* #SOL realm remains the biggest earner of fees with 85% daily fees on average last week.
* #ETH realm had +/- 24 days of > $100,000 daily earnings (60% of daily total). Only 1,3% now.
* #BSC realm between 10% - 14% of total since 12/08/22. ImageImage
Read 7 tweets
Sep 16
1/
Let's take a look at the marketplace revenue of #StepN for #Aperealm (#ETH) in Q3 so far👇
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
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.
Read 7 tweets
Sep 15
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.
Read 11 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

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