Summary: Chain Chatter – January 22, 2025

Threadcast link:
https://inleo.io/threads/view/khaleelkazi/re-leothreads-xndwfkpz

Link to recording:
https://x.com/i/spaces/1dRKZddQPEoJB

Speakers

@khaleelkazi @yabapmatt

Summary

In this episode of Chain Chatter, host Khal welcomed Yabapmatt, the co-founder of the popular blockchain-based trading card game Splinterlands. The discussion covered Splinterlands' journey over the past seven years, the challenges of navigating crypto market cycles, and the project's ambitious plans to become the first truly player-owned and decentralized game.

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Weathering the Crypto Cycles

Matt shared that one of Splinterlands' biggest trials has been learning to manage the volatile ups and downs of the crypto market. When the game launched in 2018, the team had to adapt after the initial crypto boom and subsequent crash caused the value of their funds to plummet by 80%. Navigating these cycles and not overextending during the highs has been a constant learning process for the Splinterlands team.

Transitioning to a Player-Owned Model

A key focus for Splinterlands going forward is transitioning the game to a fully decentralized, player-owned model. Currently, the company runs the core infrastructure, but the goal is to eventually open-source the validator system and game database so that the community can take full control.

Matt explained that this will involve setting up a representative governance system, where players elect "treasurers" to make decisions on behalf of the broader community. While this may initially seem slower than a centralized approach, Matt believes it will ultimately be more effective, as the token holders will have the power to replace representatives if they are dissatisfied with their decisions.

Improving the Onboarding Experience

Another major initiative for Splinterlands is improving the onboarding experience for new players. The team is developing a single-player "campaign mode" that will teach core game mechanics in a sandbox environment, allowing players to gradually learn the game at their own pace before diving into competitive battles.

Additionally, Splinterlands is removing the previous paywall that required a $10 purchase to fully participate, instead offering a free-to-play model where players can experience the majority of the game without any upfront cost.

Integrating with the Hive Ecosystem

The discussion also touched on the partnership between Splinterlands and the Hive blockchain ecosystem. Splinterlands is now integrated with the INLEO social media platform, allowing players to earn the game's SPS token by creating content on the Hive platform. Matt sees this as a mutually beneficial relationship, as the marketing efforts to bring new players to Splinterlands will also expose them to the broader Hive ecosystem.

Seizing the Opportunity

In his closing remarks, Matt emphasized that the current bear market conditions present a significant opportunity for those willing to get involved with Splinterlands and other promising crypto projects. He encouraged the audience not to wait until the next bull run, as the best time to get in is often when prices are low and sentiment is bearish.

Overall, this episode provided an in-depth look at Splinterlands' evolution, the challenges of building a player-owned game, and the team's ambitious plans to create a truly decentralized gaming experience on the blockchain.

Posted Using INLEO