Kobeni.hi

Web3 games need to change. Not their tokens ➨ I tracked 34 game tokens since 2024 ➨ Some raised $13M-$33M ➨ 0 recovered. Half lost 99%+ ➨ A game with $31M in revenue: token -92% ➨ A game that shut down: token went 7x 🧵 So why do the games keep dying? 👇

base:0x44b63af715d5ef02cc3646a6ce96875e11d69e85 failed, but Genesis hasn't If it launches and moves $50k a day, it would generate $2.58M in revenue per year players would cash out $5.05M over the same period charters, $969k and the token, almost $1M in buybacks 👇 Take a quick look at Genesis, not base:0x44b63af715d5ef02cc3646a6ce96875e11d69e85 (for now) The team has to move FAST: if they take any longer to launch Genesis, this will be a garbage project. Genesis feeds the whole ecosystem like this: Buy Energy ⇨ burn it ⇨ get Artifacts Artifacts ⇨ Credits (Gold) ⇨ Silver Silver ⇨ more Energy or USDC All the money behind Credits comes from the Energy players burn. So how does everyone get paid? When you burn Energy, almost all of it goes to the pool that pays out Credits. The rake (3%) goes to the Crown Treasury, which funds Buybacks and Bribes, Charter Incentives and the Reserve. No Genesis means no players, and no players means no revenue. Plus, any player can jump in and win in Genesis, but there's a catch: withdrawal taxes. - Locked RSGP: 2% - Charter: 5% - No Charter: 10% Every time you withdraw or burn Silver, another cut goes to the fund. That pays for new incentives and buybacks. But what has actually happened so far? NOTHING. - Buybacks paid: $0. - Revenue received by the treasury since TGE: $0. All we have is the Genesis paper and a testnet, not the real game. If nobody commits to spending money and time on it, none of this will make sense. I truly feel @playcambria is one of the best web3 games to date, but the delays, mistakes and uncertainty are working way too hard against it. Only when they activate Genesis, attract players who add value and that wheel starts turning will it all make sense, and we'll see it take off 👇 I’m thinking of writing an article about this with a more in-depth analysis, should I do it? 👀