0.001 to 0.002 by July -Over inflation and losing DAU every week
See by the graph we are approaching 0.001 to 0.002 by July.
Player numbers are down to 580k and losing around half a million per month or approx 100k per week.
There is no money to earn playing the game so it is just for fun now.
Inflation is 20:1 on SLP token which is approx minting 30M to 3M which is 10 to 1 ratio. That ratio of inflation is unsustainable in any system.
The game was profitable at the start but not it relies on new players to join to prevent it going down and also needs to control inflation at over 10 to 1 which is impossible and there is no solution.
On top of that the Ronin bridge will open and the treasury might be emptied out with withdrawals after the $600M hack but we will need to see more later.
DYOR
Player numbers are down to 580k and losing around half a million per month or approx 100k per week.
There is no money to earn playing the game so it is just for fun now.
Inflation is 20:1 on SLP token which is approx minting 30M to 3M which is 10 to 1 ratio. That ratio of inflation is unsustainable in any system.
The game was profitable at the start but not it relies on new players to join to prevent it going down and also needs to control inflation at over 10 to 1 which is impossible and there is no solution.
On top of that the Ronin bridge will open and the treasury might be emptied out with withdrawals after the $600M hack but we will need to see more later.
DYOR