Hey @xensational I appreciate the thoughtful comment. I responded to Michealb above with a lengthy reply that would be helpful to answer a lot of the things in my mind.
I understand your points but I don't agree with some of your premises. I don't think we are ready for a tier 1 listing yet, both in terms of our ability to retain new players and in our capitalization (we would be giving up too high of a % of our assets to literally just be listed). To me its a hail mary approach (reactive) if done at this time, as opposed to a planned part of a long term growth agenda.
Finally when comparing SPL to other games, then I think many factors are relevant. One is "who is backing them" and what are their plans?
I think you will find big money behind the Axie Project. They succeeded not because of their game, but because the money behind them. We have no such money behind our project. At least not yet.
So until we get the money from the people that are in the "big time", then we will not have the same impact as projects that do have that money. Its just the way the world works. Some people think that big investors jump behind a project because they somehow found it randomly on coinbase, but that's not how it works at all.
The big money that backs a project will never be random about anything. They will extract a lot of value and demand a lot of things to put their money to work. So we won't be attracting that kind of money with a listing no matter how many times people repeat that message on discord today. The players we will attract are the small fries and the momo chasers that want the action. While attracting any kind of new money is fine, I would definitely question the long term value of what we end up with our $2.5m investment.
I appreciate again the thoughtful response and I will live with this vote no matter how it turns out. I definitely don't agree with it at this time, but I do respect that many have a different opinion and support their right to have it.
I appriciate you taking the time to respond Dave.
I don't think this is an easy vote at all, I see alot of upside potential with getting more eyes on Splinterlands itself but I also 100% understand your point of view that it might be too early and that we are not ready yet and that this will just artificially pump bags for those who want to get out at a favorable price.
With that said, I personally think the timing couldn't be better, in the sense that the bullmarket is underway. My thinking is, even though we might not be ready that it is still worth while - alternatively, we end up being ready in 1 year (just an example) for a tier 1 listing but then have hit a bearmarket, which brings very little new money into any ecosystems resulting in a tier 1 listing not being worth 'anything'...
There is a fine line in between for sure!
We will see what happens and no matter what, I wont be mad and I will still be sticking around. :)
We will definitely see and everyone has their own way to view things. That's what I love about the DAO process, people that have stake will decide this. So win or lose, the process will give our community what they wanted. Even if its not what I wanted, I definitely appreciate the process.
I'm glad you see both sides and I'm not upset at all that we are voting differently on it.
ps... regarding your point about you sticking around. I made an opposite statement yesterday and stated I would be selling my assets into such a pump. While that is true for many reasons outlined throughout the post comments, I do want to say that I'm not trying to do anything more than be honest. I'm just one player though, and I appreciate everyone voting for what they think it right, and wouldn't have it any other way!