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Virtuals Weekly Episode 28 Recap!
The show was dominated by two main talking points. Vader and the changes to Genesis;
> Vader
With Vader, @goon_crypto and I felt the Ethos slash was uncalled for but we could see both sides of the situation.
Most were upset at the way it played out, particularly the lack of communication arounf what is coming next.
The instant unlocking of tokens has resulted in people losing trust as most felt it was locked in a contract that couldn't be changed.
> Changes to the Genesis Launchpad tokenomics.
This was more unanimous. There's a clear negative sentiment amongst those in the community with the lack of consideration for participants in the recent changes to the Genesis launchpad.
Short term pain for long term gain is the phrase I keep going back to and those loyal to the protocol can see how the changes will benefit us in the future.
There's a feeling, and it's backed by the data, that staking is now not worth it as points have been watered down way too much. That could provide opportunities for people who still value points!
Some thoughts for fixes;
- Restrictions on tokenomics for teams launching. If the team want us to buy into this long term VC mindset, having teams accessing hundreds of millions of tokens in the first few months is ridiculous.
- Easing of staking and/ or Jeet Jail restrictions to give participants more flexibility while we wait for these high profile projects to come along and the new tokenomics to make sense.
- Communication and community engagement improvements/ investment. The gap between the team and the community is getting wider, not closer.
We wrapped up with a review of the upcoming Genesis launches. It's looking grim!
You can listen back to the recording and I'll put the link in the comments. We are back Tuesday for Episode 29. You can set your reminders in my pinned tweet.
Back tomorrow for Virtuals Weekly Episode 29!
@goon_crypto and I are excited for this one!
> The @aiseerco team will join us to update us on the @ArAIstotle project which was the last major launch prior to the Genesis tokenomics changes. The token has been melting facys and has just hit a new ATH. Perhaps some of you got wind of their appearance on the show and are front running the chart!
> The @FlagshipFYI team will join us too. They might not be on your radar as they are choosing to launch via the prototype bonding curve. Their launch is tomorrow so we'll bring you everything you need to know ahead of that.
> If two top teams isn't enough, we'll bring you right up to speed with everything that's going on across the Virtuals ecosystem. We are hearing there might be some tweaks coming to the Genesis tokenomics so we'll let you know our thoughts there.
You can set your reminders for Episode 29 by visiting my pinned tweet and hitting the Ep.29 button!
We look forward to seeing you all there!
6pm Melbourne
3pm Asia
8am UTC
1am PST
Back for Virtuals Weekly Episode 22 tomorrow!
Plenty to talk about as usual, we'll cover it all;
> @RealEsmate will join us to preview their Genesis launch which starts in just over two days!
> Why is the $Virtual price down? Where to from here!?
> Butler... ACP... Luna...
> More @Vader_AI_ changes. New Tier List analysis via Butler too!
> @arbusai Chirps is live and we'll take a closer look.
> Some interesting @virtuals_io Genesis launches and we'll preview them all as usual.
We are going live four hours earlier than usual but back to normal next week;
8am Australia
5am Asia
10pm UTC
3pm PST
Set your reminders in the comments!
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