RE: THE WATCH #1: What Everyone is Missing about Splinterlands

What a great way to deflect a total takedown of your post and your sheer incompetence/lack of basic investing knowledge. In case you didn't know, your entire post is a wall of text too, but you expect people to read it (after all, you're all about protecting them right? Thats why you argue that things like the splinterlands employees being whales is a bad thing, even though it naturally protects players who invest in the game).

Oh no i'm sure my education and training and practice as a CPA (while also getting a double major in Finance) has never led to me learning about insider information and information asymmetry.

You should try actually having even basic knowledge before you spout out your ass. As my original reply showed, you clearly lack any basic fundamental understanding of investing let alone different ways to protect investors in a company.

Also you do realize that if the top company whales start to sell their assets, that not only will the blockchain show they're selling (as well as their balances on sites like peakmonsters change), but we will see them listing their assets on third party marketplaces, right?

While Splinterlands employees aren't required to file Form 144 when selling large amount of assets, players also don't need to wait for the company whales to file a Form 4 to see less major sales of an executives equity, its all very public on the blockchain right after it happens. There is way less information asymmetry into what the company whales are doing then there is in even public companies, let alone private companies.

And yet in public companies aligning the incentives of executives with shareholders is a great way to ensure shareholders are protected from the executive trying to cash out while fucking over shareholders. And the same holds true with the incentive of having company employees own splinterlands assets just like the players do, its aligns their incentives so that the playerbase is more protected.

If splinterlands employees didn't own assets, they would have more incentive to release far more than 15 million chaos legion packs and at a higher price than $4/pack. Like I said, learn basic investing principles and how capital markets are regulated and why they are, and then you would see just how stupid your overall argument is.