In This Issue
- My latest portfolio updates.
- Jesse has a deep dive for you on Wilder World.
- Web3 Academy has an article about on-chain analytics and how it will affect business reporting forever.
- Sam has a report for you on what’s happening with Ordinal NFTs.
- Rebecca breaks down this week’s trending coins.
For any crypto related questions please comment on the website.
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Buy, trade, and hold 600+ cryptocurrencies on Binance
Lark’s Portfolio
This Week’s Moves
I added some more BTC at $24,300.
I sold some WLKN tokens that I received from a venture investment. I am leaving it in USDT for now.
Still a quieter week portfolio-wise as I am on limited hours until mid-March. After that, I will be back to thinking more full-time about making money with my crypto coins.
Gaming Season?
Gaming season was HUGE when it happened last time. It is not here now, far from it. BUT, I think when it does we will see many projects pump like crazy.
Here are some reasons that gaming season could be closer than many people think:
- Square Enix, the creators of Final Fantasy, are launching a game on Polygon.
- ImmutableX is launching a gaming passport for web3.
- Amazon is launching an NFT marketplace… for gaming.
- Tencent is teaming up with MultiverseX for web3 services.
- Serious names and money are getting behind new game launches, such as Neill Blomkamp who is helping create Off The Grid. By the way, they just launched a new trailer.
The next season, like last season, will be filled with total garbage coins, but we are also seeing some incredibly polished offerings coming out.
AAA crypto games are not far away.
Although right now, we see overall gamefi users down by 36% from the all-time high, so that shows us a continued bearish trend for gaming.
But, that makes it more likely to be a time to pay attention.
If you are going to be speculating on a future gaming trend then look for games that have the following:
- Big backers! I know that VC money is a double-edged sword, but they do like to pump their bags when the time comes.
- Continued development. A lot of games and metaverse coins have already thrown in the towel during the bear market. Others like Illuvium have just released their beta. ILV by the way is the third most active game on ETH right now. You want teams that are dedicated to success.
- Active socials with a community excited about the game and not just looking to dump the tokens.
- A good game product! Maybe this should have been point number 1? LOL. We are seeing some seriously good-looking games coming out in crypto. Eden Brawl, Cross The Ages, Off The Grid, Illuvium, and many more look amazing. Sadly the legacy gaming crowd remains a bit suspicious of crypto games so we need to see games that are so good people play them in spite of having crypto elements, not because they use crypto.
- Consider the tokenomics! Is the token issued solely as an inflationary in game reward? Then it will have a lot of sell pressure. Is the token used as an in-game currency? Does it have a burn mechanism? Can it be staked? How many tokens remain to enter the market, and how soon? Remember that most…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.