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RE: SPS Governance Proposal - Establish a Newly Formed SPS Foundation and Elect Dave McCoy as Chair of the SPS DAO

in #spsproposal5 months ago

Thanks for the detailed answer. Whales usually don't concentrate around a single account. At the end of the day, anyone can see volume, cards sold, cards bought, sps sold and bought.

The charts tell a reality that no narrative can change. The dumping on the game in the last 12 months has been massive. It is what it is. "Hey but XX is buying". Right. SPS 20 cents to sub 1 cent. Someone must be selling? Lands from $500 to $40. Cards, same. A -300% easy. "Well the biggest whales are buying" - That is the good ol' Power Law and doesn't help a dime. At least, this is my opinion. Numbers over narrative.
I quoted the "welcome to the family meme" because it may lead to think that there is a healthy market out there full of optimist happy people forking $500 every other day on a card. There is not. And again is not opinion, the numbers are there.

About the Matt and Aggy company funds mismanagement I know the story :-) I have seen a company with 6 guys in Zug skyrocket to 25, with a monthly salary of 8K each, all the way down to 2 guys owning three months of rent of the place. That is crypto, it is fine.
But the solution to that is not to muddle with DAO anymore. Is getting scissors, cutting, simplifying and starting from scratch. We are in June already, still waiting for that "big PR push" promised.
5 guys.
Servers.
Daily posts.
incentives for gamers.
PR.
Hustling

They have sold MILLIONS in cards. That is the hardest part ffs. Oh and powercreeping doesn't solve anything. They need sinks, like Lands, Conflicts. Maybe a massive format, a "MTG Commander" in which you need to make a deck of 100 cards and have them locked for a season to play daily combats.
I don't know, I'm not even thinking deeply, just writing fast, I got to go to work.
Anyway. Thanks for the convo.

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