AvalanchEdwin (🔺, 🔺) Profile picture
#Avalanche and #Gamefi #DeFi Analysis Trader Joe Maxi
May 6, 2022 18 tweets 4 min read
1. Rhetorical violence, defending block chain value - what lessons you can learn from the recent public exchange between leading personalities in #AVALANCHE and #POLYGON.

The belligerents Dr. Emin Gün Sirer founder Avalanche, and Sandeep Nailwal co-cofounder Polygon. 2. First, understand the current crypto markets, the profusion of block chains alternatives have saturated the attention market.

Assets are now easily bridged between various chains.

Chains are fiercely competing to offer services across a spectrum of business cases.
May 5, 2022 8 tweets 4 min read
1. The playeternity.io team has given me early access to the Eternity game in progress. Some of the features will change between now and release.

The portions of the game I interacted with were easy to understand and navigate.

#Avalanche #GAMEFI #PlayAndEarn 2. I jumped into an endless battle mode and experimented with different options, everything was snappy, self explanatory, and has an attractive appearance.

I mainly selected characters that would be broadly available in the upcoming mint event.
May 4, 2022 4 tweets 2 min read
1. #Gamefi , #metaverse , and #play2earn developers - think carefully if you are inadvertently creating future ghost cities.

Overly focusing on premium entry points mean your available investor base is incredibly narrow, and there a dozen shiny new projects debuting each day. 2. What size community do you need to sustain the value and viability of your project?
May 4, 2022 4 tweets 1 min read
1. From the Medium Article, 1,000,000,000 tokens will eventually exist - at the current price of $0.188 that produces a Fully Diluted Value of $188,000,000 which make $RLP a top 10 arbitrary token on #AVALANCHE.

This is not an unreasonable range - with some caveats. 2. This is a more complex project to perform diligence on and a few things need to be in place.

a. Complete Documents (not marketing materials)
b. Complete tokenomic model and disclosures
c. Smart Contract Audits and Github Links
May 4, 2022 9 tweets 5 min read
1. I'm an obvious #AVALANCHE maxi but have been paying extremely close attention to @0xSunflowerLand
a #GAMEFI project on #Polygon.

I believe the game is an interesting #tokenomics laboratory and it may yield some significant insights because of it's scale.

#SunflowerLand Image 2. 100,000 users were given access to the Beta State and allowed to mint NFT farms for approximately 1 Matic, at the time ~ $1.25.

The games token $SFL is created solely through playing the game - no $SFL was pre-generated, and there will be no LP farming. Image
May 3, 2022 4 tweets 2 min read
1. Let's break this out some. Say you have an average JOE friend who hasn't invested yet and says he has $500 to put into crypto. 2. First he has to onboard that fiat to crypto - I am here in Hawaii which has over-regulated centralized exchanges. Between bank fees and CEX fees my $500 in USD becomes approximately $470 in $AVAX by the time I get it to C-CHAIN - or down 6%.
May 3, 2022 6 tweets 3 min read
1. I'm an $AVAX maxi and I don't get offended by these types of posts - it's an opportunity for discovery and to be brand or asset ambassador. 2. The primary opportunity I see in #Avalanche at the moment is introducing new users to the ecosystem with something meaningful to do with less than $500 in AVAX-assets.

At smaller thresholds-a user has to be careful or transactions costs may offset weeks of potential gain
May 3, 2022 7 tweets 3 min read
1. I'm in the process of evaluating ragnarok.xyz for it's Q3 and Q4 impacts to the #Avalanche ecosystem.

The medium docs indicate that they are going to build out an in-game DEX similar to DeFI Kingdoms.

An immediate risk here I see is a asset decoupling. Image 2. Game play appears it will be fully inside a web 2.0 style app with periodic writes to the chain. The Medium article also indicates that Ragnarök will maintain an in app marketplace for the associated NFTs. Image