Hey @xensational I appreciate the thoughtful comment. I responded to Michealb above with a lengthy reply that would be helpful to answer a lot of the things in my mind.
I understand your points but I don't agree with some of your premises. I don't think we are ready for a tier 1 listing yet, both in terms of our ability to retain new players and in our capitalization (we would be giving up too high of a % of our assets to literally just be listed). To me its a hail mary approach (reactive) if done at this time, as opposed to a planned part of a long term growth agenda.
Finally when comparing SPL to other games, then I think many factors are relevant. One is "who is backing them" and what are their plans?
I think you will find big money behind the Axie Project. They succeeded not because of their game, but because the money behind them. We have no such money behind our project. At least not yet.
So until we get the money from the people that are in the "big time", then we will not have the same impact as projects that do have that money. Its just the way the world works. Some people think that big investors jump behind a project because they somehow found it randomly on coinbase, but that's not how it works at all.
The big money that backs a project will never be random about anything. They will extract a lot of value and demand a lot of things to put their money to work. So we won't be attracting that kind of money with a listing no matter how many times people repeat that message on discord today. The players we will attract are the small fries and the momo chasers that want the action. While attracting any kind of new money is fine, I would definitely question the long term value of what we end up with our $2.5m investment.
I appreciate again the thoughtful response and I will live with this vote no matter how it turns out. I definitely don't agree with it at this time, but I do respect that many have a different opinion and support their right to have it.
RE: Establish an Exchange Fund to Pursue an SPS listing on Binance