Ahri's unqualified thoughts #47
Ahri's unqualified thoughts #47
Random articles, quotes, videos, musings. Easy to consume content: 1 quote, 1 tweet/storm and 1 article/video.
In today's edition, we spotlight an excellent Twitter post about Axie Infinity by
. Additionally, we cover an article detailing Caroline Ellison's testimony against SBF amid their ongoing financial crime allegations - it’s spicy.1 quote
“The world fears the inevitable plummet into the abyss. Watch for that moment and when it comes, do not hesitate to leap. It is only when you fall that you learn whether you can fly.” – Dragon Age: Origins
1 tweet/storm
0xRaiden insightful thread begins with a compelling point many of us often overlook (I’m guilty as well): "What if we didn't underestimate the current games we have?".
In this non-sponsored thread, he reviews the somewhat solid KPIs Axie Infinity/Ronin boasts. He also sheds light on their achievements post-bull-run insanity:
Reducing the extreme AXS/SLP emissions.
Bringing new game/game-modes.
Establishing a thriving ecosystem.
During a private conversation with him, I drew parallels between Sky Mavis' approach and Steam's strategy. Like how Steam has a couple of major games generating significant numbers and revenue, and serves as a platform where developers can easily publish games and share profits. In this case, the profit share might be through the $RON token, or taking a cut of NFTs from the other games.
The premise of the conversation is clear: why not appreciate what's already in place and build upon it? Instead of constantly chasing the next big thing, simplicity and humility often pave the best path forward.
Lastly, after reading the thread, I revisited the game years after my initial attempt. While I fully understand its appeal, the onboarding process could certainly be improved as you get thrown into the menu with very little help/hints after the intro. Nonetheless, the team is exceptional, and I hold them in high regard.
1 article/video
Caroline Ellison, SBF's former “love” partner and the CEO of Alameda, alleges, 'SBF directed me to take $14bn from FTX customers.'
Her testimony, eagerly anticipated, stands as one of the most pivotal moments in the trial. Her statements firmly place SBF at the heart of the operation, confirming what many had speculated earlier. The entire group is now clearly on the defensive, each member attempting to negotiate for leniency and reduced sentences - proper PvP, just like in shitcoins, gotta love it eh.
DLNews analyzes her testimony, indicating that her words could spell significant trouble for SBF and be challenging to refute. From the article:
Ellison’s testimony was “sub-optimal for Sam Bankman-Fried,” Daniel Richman, a professor at Columbia Law School and former prosecutor in the Southern District of New York, said, laughing at his own understatement.
TLDR: sent them all to jail, right now. TO JAIL.