Since my last post on the price of lvl and possibly a good buy its dumped around 30-40%
At this point we could just give up and sit quietly on what we have or even panic and sell.
After investing in a lot of coins as have many others its important to stay strong.
prices go up and down.
No biggie.
One of the reasons I feel lvl may have dumped is due to the crate airdrop ending.
Not many people were aware there was even an airdrop but people invested with 200k lvl got 1 airdrop crate and this was going on for some time.
As soon as the airdrops finished the price started on a downward spiral.
Currently there is no point in really holding lvl as its just a speculative token. The value will only emerge once it has a use case.
This is the interesting part!!!
The team have 4 games planned for the ecosystem.
personally I am not too convinced 4 will be developed and they definitely wont be all successful.
Now that's easy to say as I don't think many people realise how much work and more importantly money goes into making one game successful never mind 4.
So lets forget the dream of 4 games for now.
Lets just focus on one game.
One really good game, that does what it says.
Due to the fact there is a max supply on the token 500m if this one game is semi successful this token could easily trade around 10c. If we compare this to SPS which is another play to earn token which has no use case and a supply of.... a lot. SPS has traded over $1 but is not hanging around the 5-6c price point.
Will LVL trade above SPS a year from now?
Its quite easy to see this happening.
In fact if it isn't then the team need to be fully accountable because there is no reason it shouldn't be.
Its the teams job to get the game out there, get players.
The focus should be on finishing the game and making the game the best they can.
Bridges to ava and myria partnerships at this point are totally useless and do nothing. The time and effort spend on building a bridge to ava could have been done after game release.
The game should be playable before getting people interested. This is evident by the current price if you have introduced 2 new communities AVA and Myria and your token price is half what it was before then you have failed.
Why would anyone come over to a new blockchain to invest in a game that aint even finished?
No reason.
But that's in the past and no major damage done.
So moving forward.
My advice
Pick a game
1 game. Focus solely on that and get it into testing and then into general release.
Then work on the second Main game and have a dedicated team to do the promotion and onboarding.
Back to the price!
Its super cheap and I am buying what I can when I can and wont stop at these price and even slightly higher.
I have not sold a single token since I started buying and have no plans to do so until games are released and have been running for at least a year
Will it pay off?
I'm pretty confident