You've heard Gaming's going to be huge this cycle but you don't know where to start.

Here's what you should know before investing in web3 games: 1/ Building games is REALLY hard. A large majority of games fail to ever build a player base.

This includes industry leading studios with huge teams, huge budgets and a lot of marketing spend.

It's a tale as old as Web 3

A talented Web2 team
--> Enters Web3
--> Plans a mint
--> Gets bad advice
--> Won't consult degens
--> Sets a WILDLY OPTIMISTIC supply & price
--> Is set to flop

🧵on Petaverse's 0.15 ETH, 7.7k mint

& the same flawed reasoning we see again & again It's news to no one here but paid mints have been struggling big time

Guild of Guardians & Nitro Nation are 2 large gaming projects whose recent mints flopped hard

There's occasional successes but they're RARE

They have VERY noticeable hype pre-mint

Does Petaverse?

No.

We're primed for a gaming bull run

The market's pumping & big news keeps dropping

--> Sony's NFT patents & plans
--> Amazon moving into Web 3
--> Saudi x Sandbox
--> Square Enix & Polygon

If we see a gaming bull run, here's what to expect 🧵 1. Coins Will Pump More Than NFTs

Whenever the narrative wheel land on gaming, it's the coins that benefit most.

Illuvium's $ILV is up 60% this month.

Its NFT land?

Flat.

$SAND is up 2x since Jan 1.

Here's the chart for Sandbox land

I went through all the '2023 Web 3 Gaming Predictions'.

Here are the highlights.

I've also added my thoughts + how this'll affect my investing.

🧵 1. Community Building / WL Selection via Wallet Data

I agree that on-chain data is the future of community curation & WL distribution.

Projects have SO MUCH room to improve at filtering for players or long term holders.

This starts w/ wallet data.

What should WL grinders do?

I don't envy teams trying to balance their games when nerfing NFT's will cost holders money.

We'll see some weak-willed teams ruin their game because of it - too frightened of angering their holders to nerf assets.

My advice to teams: Get out ahead of the problem.

Before you've sold a single asset, make it abundantly clear to buyers that game balance comes first - assets are prone to changes.

Maintain that messaging as you go forward.

Web 3 gaming REALITY CHECK thread 🧵

For all the new followers, here's a list of ALL my previous advice & unpopular opinions.

Let's start with one of the most unpopular:

1/ All these "social" metaverses are going to zero.

There's many reasons why but here's the main one ⬇️ The cycle for games that rely on user generated content is:

A community of users -> attracts creators -> more content built -> attracts more users

But communities don't just appear, they need a reason to exist. No one wants to build in your empty ass blank slate world.

Next ➡️

My last tweet 2x'd my followers so in the spirit of giving ppl more of what they want, I'll post an upcoming free gaming mint each day for the next few days.

I'll let you know how keen on them I am & how hard they are to mint so u can decide if they're worth the effort.

Day 1⬇️ @PirateNationNFT

Mint date: Nov 8
Supply: 9999

Supply is high but WL holders get two mints and in the semi-public round you can mint three, so really the effective supply, for the purposes of selling out, is closer to 3k.

/2

Free gaming mints are putting up numbers.

Digi | 15+ ETH
Castaway | 15+ ETH
Tribo | 0.5 + ETH
Azra | nearly 0.5 ETH

I got in on Azra, Castaway & Tribo
(& had notifs on for Digi but it stealth minted at like 4am for me)

Here's how to find them + my pick for the next big one ⬇️ 2/
About the only consistent & easy to spot catalyst for hype in web3 gaming right now is funding.

Look at the funding for the projects mentioned above

@DigiDaigaku - $200M
@AzraGames - $15M
@castaways_gg - $12.5M
@PlayTriboGames - $1.2M

Tribo looks like an exception, but..