I will reply with my thoughts @bitcoinflood:

First, the flywheel has worked perfectly fine, its the explanation of the flywheel that has been what has created the confusion. For instance, when we made Conclave Arcana, the set had demand for DEC that soaked all the available DEC up, and that created a situation where the SPS had to be burned to create more. We burned at least 30m+ SPS.

But what happens with the mechanic of the flywheel is it just brings things into balance by having SPS being used to create DEC when DEC is in short supply. Its like an "overflow valve" for excess demand. But the Flywheel by itself doesn't create demand, it just manages the overflow in peak periods.

This doesn't mean the Flywheel is bad though, its a fantastic mechanism. Over time this will lead to more and more reduction in supply of SPS. But the key to understanding the situation and what you feel is the company has to create DEMAND for its products. No amount of asset shuffling will change the fact that we need more DEMAND than supply for our products.

Having said this, I will say that some of your assumptions are not entirely correct so I will help to clear up one that should help you to understand.

When you step back and think about the whole picture, this project boils down to what are the total sales vs. what are the expenses to run the system.

Our core expenses as a company are a between $3m and $3.5m (that's without cleanup of past mistakes or extraordinary charges). From the main set alone the set sales have achieved that objective overall since May, and this doesn't count the little things like the Pickle Sale, market fees, etc.

As you can see by the image above, we have a relationship with the DAO where the DAO contracts us to make the sets and manage some aspects of the game. Whatever the split is, the fact remains the system is close to bringing in what it needs to sustain the current size of the operations. The sales above this level will be to create value for someone: 1) the DAO 2) the team 3) the players assets (both old and new)

I would think that everyone should be excited that we've reached the point where the set sales should surpass the team's need for funding. This is a major reversal from the past. Its happened by higher set sales and lower expenses on the team. I'm excited for what has been accomplished in a very tough market. I know you said Bitcoin has gone up, but if you look at all the Alt coin projects you will see many that have not done well and in fact many are going out of business. Many that were far larger than us.

Having said that, I also realize that some don't want to see the core facts. They see their assets down and they say "its all bad" no matter what we do. I can't really do anything about that, that's simply how the markets function. I can point out to you as a long time player other times in the past that were far worse; such as DEC in the $0.0003s, or all major assets trading at burn value, but I don't think that will help when people are looking at a different timeline.

Finally regarding all assets, whether new or old, land or cards, SPS or DEC, etc etc etc... A rising tide floats all boats. Of course the prices of things have dropped over time because until recently we had more money leaving the system than was needed to run it.

I too have many assets and all my assets are staying ingame as well. I buy the new stuff, keep the old stuff, and participate in pretty much everything. I have far more assets in the game than I could ever make working here, so you can be assured that my motivation is to create value so that my assets rise like everyone elses. To do that we need to be stable, create core demand that exceeds supply, and then we can fight about whether old people, new people, card owners, land owners, SPS holders, DEC holders, etc etc etc get that value.

But I will assure you that it starts with bringing in more money than we are spending to operate the business. It seems simple, but its a fact that's not well understood.

I believe we are getting where we need to be, but I will say that I'm biased because I'm the one in charge of making this happen. Its up to everyone else to figure out how they feel and whether or not its worth their time and money. Obviously in my case I feel the answer is completely "yes", but I'm just one person like everyone else.

Thanks for the article on the situation and thank you for being here so long!