5 Biggest Takeaways From The DAOn Hall w/ Cryptomancer (10.5.2024)

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In this video, I break down the 5 biggest things from the recent DAOn Hall with Cryptomancer and Matt. Shout out to @clayboyn for making the time to do this for us, it's always extremely helpful.

Here are my takeaways:

  • The company went through more cuts recently (people let go & salaries reduced)

  • Monthly cash flow shared (assuming Cryptomancer is paid by the DAO) = Revenue $150k & Expenses $250k

  • Whales have reached out to Matt wanting to buy things

  • Matt is not against the idea of postponing land altogether (to focus on NPE)

  • Once the mobile website is finished, the plan is to wrap it into an app for the App Store

I found myself much more at ease after hearing Matt and Cryptomancer talk about details. I do hope that Land 1.75 will be here within 6 months (Q1 2025 is the estimate) because it could offer significant more dynamic gameplay for land owners and be a massive boost to the game economy.

Nobody likes the situation we're in but at this point we need to work together to get ourselves in the best position to succeed in 2025 and beyond. Let's hope this works!

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13 comments
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I am a pleb without land. Still it would be nice if Land 1.75 would be released sooner than later. I hope that it will increase value of other assets(looking at you SPS...).

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I don't have much land either but would like to see it here ASAP.

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I found myself much more at ease after hearing Matt and Cryptomancer talk about details.

It's the opposite for me after watching the summary. 250k a month of expenses to run the game still right now feels insane and a 1-way trip the bankruptcy. Especially knowing that the way to solve it is to print more stuff to sell to whales increasing the pay2win and making the gap even bigger for new players. I do wonder though how much it costs to run the game without any of the developper salaries. Also, how is it ok to milk funds from the DAO while not willing to take from their own BTC reserves.

For the first time now, I'm actually thinking of selling some of my older cards that are still worth way more than the burn rate like my Arlic Stormbringer which isn't even used by Archmage since I don't have it at max level.

Thanks for the Update!

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Lol it's insane that you think the game will run without any developers!

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I just mean what it would cost just to have it run without anything new being developed. At the current pace it feels like a matter of time before they reach this point.

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100k per month deficit is A LOT. Hopefully they have a long term solution in mind other than selling the company or hoping for a blow off top in crypto markets.

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