PlayNity Report — The First Month

After finalizing the treasury gathering process, the BSC & Terra token launch was held on the 8th of December 2021. During the launch, we successfully held back bot activity in the first minutes. After dealing for a few days with technical staking issues regarding the Wormhole technology, the guild has begun to expand its core activity.

Our previously assumed guild focus (mainly Axie Infinity) had to be revised during this first period, as the crypto market and Play2Earn ROI efficiency has begun to fall significantly. Only 17% of the treasury has been directed to Play2Earn investment because of the currently very low ROI levels and unfavorable market conditions.

This decision was made with a balanced long-term portfolio strategy in mind. Simultaneously, new P2E game research has been done and early engagement and partnerships have been established to find the best high ROI activity opportunities.

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