Pinned5 Theses on Web3 GamingIntroducing Vader Research Web3 gaming needs a new, independent research firm. Some crypto VCs have been designing and promoting ponzi tokenomics that align their short-term incentives at the expense of crypto’s long-term reputation. Vader Research is a thesis-driven research firm dedicated to the long-term development of Web3 Gaming. We are…Gaming9 min read
Apr 4Crabada Deep DiveThe P2E Crab Game with No Guilds 🦀 Crabada is a dual token P2E game with breedable NFTs similar to Axie Infinity. 3 Crab NFTs are required to play the game to earn utility token TUS (SLP) and governance token CRA (AXS). …7 min read
Feb 9The Virtual Land ProblemVirtual Land is a Trojan Horse for Web2 Corporations Social UGC gaming platforms such as Roblox, Rec Room, Core, Sandbox and Decentraland all have the same end goal; benefit from network effects by becoming the go-to platform for players and game developers. Content is king but being the dominant content…Metaverse5 min read
Jan 25Deconstructing Pegaxy’s EconomyThe Next Axie Infinity or a Temporary Fad? Pegaxy has been pretty popular among the Axie managers and scholars in recent weeks. PGX is trading at $400m FD market cap and went up 15% in the last 7days while ETH went down 40% during the same period. Pegaxy is a…Blockchain Gaming5 min read
Jan 4Axie Infinity Economy ProposalLunacia Strikes Back Imagine a fictitious village called Vampire Land where all the residents are vampires that live infinitely. Vampires don’t work or die. …Axie Infinity7 min read
Nov 27, 2021The Era of GuildsGuilds will replace early-stage VCs Capital is abundant in blockchain gaming and is increasingly becoming a commodity. Funds/initiatives solely investing in blockchain gaming raised large amounts of capital; Game7 raised $500m, Solana/FTX/LVP $100m, Sfermion $100m, KuCoin $100m, Patron $90m, Bitkraft $75m. Guilds will have a significant influence in blockchain games…Blockchain Game6 min read
Aug 19, 2021Yield Guild Games 101The Virtual Land Baron of the Metaverse Yield Guild Games aims to become the largest virtual land and NFT owner of the blockchain game metaverse. The YGG DAO is similar to a real estate investment company that builds a portfolio of properties and lends them out. YGG is building a…Axie Infinity5 min read
Aug 16, 2021Axie Infinity Part 2: SustainabilityIs Axie Infinity a Ponzi Scheme? If you’re not familiar with the economics of Axie Infinity, I recommend reading part 1 of this article series. There are 2 apparent risks to Axie Infinity’s long-term sustainability: underbreeding and overbreeding. Underbreeding Underbreeding occurs when DAU growth exceeds breeding growth which can be caused…Blockchain7 min read
Aug 10, 2021Axie Infinity Part 1: EconomicsDemystifying the economics of Axie Infinity Axie Infinity is a blockchain game that allows players to earn tokens as they play, earned tokens can then be exchanged for other crypto or fiat currencies. The difference between a traditional game and a blockchain game lies in the blockchain economic incentive design…Axie Infinity5 min read
