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Mobile MiniGames: Play & Earn | News & Progress Report August 2022

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@costanza
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I continue to play and grind my way up in the Mobile Blockchain NFT Play2Earn Game Mobile MiniGames while keeping up with the development. This is everything that happened last month...

1. Community Challenges Update The biggest news of the month was that the Community Challenges update went live which is a nice new feature that potentially allows players to earn some Crypton provided by community leaders. A lot of different challenges can be created with a wide set of requirements in order to enter mostly aiming to reward players that are actually spending in the game which bring in some affiliate earnings for the community leader which he or she can give back.

I've been testing it all out trying to get a good grasp of it all. My aim is to create Daily / Weekly / Monthly challenges for players in the community allowing them to earn smaller or bigger amounts of Crypton. Even Fully Free2Play players with VIP Level 0 will be able to take part in many of the challenges but the idea is the spread the requirements between really soft to much harder so loyal players who aim to grow and have been in the community for longer allowing those the get the most of it.

2. Testing New Dall.E 2 Generated App Icons I wrote about Dall.E 2 a while back (Link) which is a new artificial intelligence that creates images from text in a very impressive way. It became available for commercial use and they actually started using it to generate potential new and better app icons for the game which they are testing out. These are some of the results that they were getting...

3. Crypto Land Expansion Testing Phase The big crypto land expansion is supposed to be ready and is now in an extensive testing phase. It is said to release somewhere late this month or next month. I assume that will be closer to October or November as these things always get pushed back.

4. New Mini Games Upcoming They will be creating more buildings that include different types of mini-games that can be played similar to the Poker/Roulette/Match3/Bingo/Blackjack buildings in a voluntary way without any obligations to really progress in the game. One that they showed a very early build of is a Temple Run-style runner.

5. Running at a loss due to DUBI Selling At the core, they are still profitable but when they subtract the DUBI buy wall that they provide they are actually operating at a loss since way more of the investors in PRPS are selling the DUBI they are generating from Locking PRPS. This is both due to the bear market and the fact that DUBI doesn't yet have a real use case in the game. So either people sell to take profit or to buy more PRPS from it which is trading a lot below its price.

So far, everyone that wants to sell their DUBI at a 10$ value has been able to do so but the fact is that right now they simply don't have enough money to keep this up if all dubi in circulation would be dumped. Most of that comes from people inside of the development team so there is no direct danger of this happening. All this however created a lot of fud which saw another dump in the PRPS price.

Right now, they need money in order to advertise and grow the userbase but they are not comfortable yet taking on loans for this at higher interest rates since they don't know how well their ROAS (returns on Advertisement) scale up. They also don't want to give up any equity of the company to investors since they want to keep full control so they mainly are looking for investors to buy PRPS which isn't quite working out that much. This (in my view) not because it's a bad investment, but more because investors don't yet see the true potential of the game while they also don't understand the tokenomic design all while way too much trust is required in the team.

They made some infographics that try to explain, but I honestly don't think they are all the good or convincing are rather overcomplicated.

As a result, they are now again targeting their core audience with some sell-out streams in order to get some funds in return for DUBI in order to be able to run more advertisements in anticipation for the Crypto Land Expansion to come out.

7. Possible Solution? Personally, I don't really get the current way of going about the funding issue asking for donations in return for DUBI which the ones donating pretty much can sell into the buy-wall. Sure it will bring in some money but it doesn't fix the issue in the short term. The main issue is that too much DUBI gets Sold into the buy-wall leaving not enough funds for advertisements while the game itself and the future revenue in a way backs the Buy-Wall going forward. Things that can be done

  1. Do a Land Pre-Sale with a discount: This should increase the price of PRPS instantly and burn a lot of it, while it should allow them to put up a sell-wall below 10$ that gets them the needed funding once all the undercutters are out of the system.

  2. Lower PRPS in-game Shop Value from 13$ to 10$: Since PRPS always will be trading below the sell-wall unless there start to be more buyers then sellers the discount on in-game purchases is getting insane. Right now at current prices, I have been stacking as much PRPS / TTT Vouchers / Crypton / Exclusive skins as I can as it's just too cheap.

  3. Keep DUBI in-game Shop Value at 13$: If PRPS only counts at 10$ in the shop, It will be favorable to buy in-game deals with DUBI which will create some buying demand on the market putting some stress off the buy-wall giving them more room for advertisement.

Their aim toward the future is to make DUBI really valuable inside of the game so there will be a bigger demand creating orders at a higher price compared to their buy-wall. One of the ways was that DUBI could be staked onto exported NFTs for an increased/susyained Crypton generation. Another one will be to have a Community Crypton Mine building somewhat similar to Guilds in Spinterlands but instead of burning DEC to upgrade a building, DUBI would be Required.

PRPS & DUBI Update

MonthPrice PRPSDUBI APY
November 20216.31$+6.33%
December 20216.32$+6.33%
January 20227.65$+5.23%
February 20227.01$+5.70%
March 20229.53$+4.19%
April 20227.01$+5.70%
May 20226.59$+6.07%
June 20225.85$+6.84%
July 20224.81$+8.31%
August 20223.71$+10.08%

Personally, I'm not worried whatsoever as the liquidity pool is just so low that not much money pushes the price up or down. I haven't bought PRPS with the idea to be able to sell in short-term and I'm willing to just hold onto it. In the worst-case scenario, they can always go to investors to get funding in return for some equity in the company which I hope they don't do. The Crypto Land Expansion should also spike the demand quite a bit and it's not that far away. No Financial Advice, but at these prices it's pretty much 'Push & Shove'. Then again when it was at around 6$ I didn't think it would go lower and also this at 5$ and 4$ so I personally just continue to cost-average each time the price goes lower as long as I don't see fundamental log-term issues.

These are the Token Contracts

PRPS (Polygon): 0x972999c58BbcE63a2e398d4ED3Bde414b8349eB3 DUBI (Polygon): 0x950e1561B7A7dEB1A32A6419FD435410daf851B0

a full overview of on-chain activity can be found on prps.moe

  • PRPS Level 270: 3.71$ (Dubiex) [Last Month 4.81$]
  • DUBI Price: 10$ (Dubiex) [Last Month 10$]

Personal Clash Of Streamers Game ProgressI keep enjoying the game and the increased Community activity is also nice. My aim is to create a friendly small-sized community not so much to get as much out of it myself but to make sure everyone has a good time and also does well in the game. I know many already managed to get an early adopters advantage with Legacy Accounts and the Insanity deals that will continue to give Sale Points each new level that is cleared and I would say it is still really early now. At the moment, I'm trying to accumulate as many exclusive Hero skins as possible but I'm hesitating to make an article with the reasons why since I don't want to potentually push the prices up as I want a lot more of them while I believe they are still cheap.

I am getting closer to level 200 which I should be able to hit somewhere in the coming months

ProgressApril 2022May 2022June 2022July 2022August
Account Level138148163174183
Account Trust223M241M267M287M303M
VIP Level77777
Strongest Heroes6x L116x L117x L118x L118x L11
Strongest Pets6x Max Level6x Max Level7x Max Level8x Max Level8x Max Level
Gems Balance1.9B1.4B2.2B1.0B1.5B
Spellbook Heroes10000% (Max)10000% (Max)10000% (Max)10000% (Max)10000% (Max)
Spellbook Pets10000% (Max)10000% (Max)10000% (Max)10000% (Max)10000% (Max)
Crypton Saved76k43k439k1M+1M+
Sale Points Saved131298359361304
Pet Luck+614%+696%+713%+727%+745%
Campaign ProgressPrestige 59-1071Prestige 62-1117Prestige 64-1155Prestige 69-1228Prestige 70-1274
Community Members73788699108
Export Discount-5.9%6.2%6.4%6.6%
Total Money Invested640€820€1140€1580€1900€
Exported NFT Pets12222
Exported NFT Heroes00000
Exclusive Skins----201
Total Estimated Account Value1600€+2000€+2000€+2500€+2000€+

Conclusion

Previous CoS News & Progress Report Posts July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December 2021 November 2021

More Info & Guides For Clash Of Streamers (some things might be outdated already)

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