Ok @team -- I’ve got to be honest -- this past week was rough. I don’t know if you all have been paying attention to our positions but our main holdings, Pegaxy and Crabada got absolutely rekt. It was pretty demoralizing for me -- but, I’ve decided to keep focused and choose a positive mindset. I think that sometimes in life we are faced with challenges purely so that we have an opportunity to overcome … and here is how we are going to overcome our current challenge.
So! Even though the markets rekt our position, it also means that we are in a prime buying opportunity. For that reason we are going to focus on getting funded. What will this look like?
@me : finish white paper / review and submit
@team : create a pitchdeck we can share with investors
@team : +gig : create a list of 100 vcs/angel investors/incubators in the space (capture their email address)
As you may have guessed, we are going to raise funds. Why? To scale our idea we need a lot of scholars (if you don’t understand this you neeeeeeed to read our previous documents) and two, we don’t even know if our idea is good. How better to find this out than to ask existing industry professionals.
** I will be discussing the pitch deck with the content team. If you want to help with the “create list” gig, send me a DM
Focus Numero 2
In addition to raising funds, we are going to put a heavy focus on social media. This is for a few reasons.
Building our community builds our a “social credit” when applying to VCs
Having a larger audience allows us to leverage our network for things like
getting whitelisted
free tokens / NFT’s in exchange for promotions
AND! Most importantly, we can start a new revenue stream : a paid newsletter.
I will be working with the social media team to scale up our efforts. @Andra has been doing a GREAT job with twitter. We are going to add short format videos to our content schedule and post these on tiktok/IG reelz/Youtube shorts etc. My goal is to publish 2-3 game reviews per day (both on twitter and video format)
We are going to start producing a weekly newsletter, highlighting upcoming gaming products. Our offer will be (lmk what you think about this) get 1 month free : after the end of the month we will ask for feedback, and, what the customer values our service at!
Lastly! @analysts, we are doing a good job -- but we need to shift our focus. With our positions as they are we realllly need to bring in a few wins. For this reason we are exciting Pegaxy and shifting funds to other games. I should have realized this earlier but Pegaxys tokenomics scale too quickly : what I mean by this is the # of horses is growing so rapidly the token is likely to deflate. Combine this with their subpar gameplay, (it’s just not fun) and you get the current market scenario. Maybe it will pump again but we are looking for greener pastures.
So! We are now focused on two things :
Creating game reviews for our social media team
(most important) finding upcoming NFT sales to invest in
I honestly think our 10x’s are going to come from early investment in NFT sales. We are going to continue working on our standard analysis but keep an eye out for games that have not yet launched.
I will be contacting all teams in the next few days to schedule meetings and get the ball moving on this new plans. Please, I really mean this when I say this, think about my ideas critically and share your feedback. I do NOT want you to simply accept my ideas because I am “boss man” -- critique my ideas as you would a colleague and make them better!