Introduction
There is a plethora of content that I have put out over the past several months that would indicate that I am a UFO-maxi. It is my most bullish position and it will be for the foreseeable future.
This is The Truth.
My trading style has changed over the past year. Less of the shotgun approach and more of the sniping approach. Those in my network, those who follow me can all see that by my lower frequency of trades and heavier size in my trades. I am doing that because:
1. This is a bull run and if you choose the right horse and play it with conviction, you will be able to out trade your swing positions ten fold
2.) I have the time, energy, and ability to full understand my investment, its space, and the team undeniably.
I was one of the earliest investors in the project and as such have become quite close with the team. I advise them where possible, yet their knowledge of the space, their connections and absolute drive for making this ecosystem a true disruptor in the crypto gaming space has made me as bullish as I am.
I have done my research, I speak to the team each and every day. In this article, I will fill you in on why I consistently tell people that this is my bull run unicorn.
Hopefully, I do not spill anything I shouldn’t…
Section One: Setting the stage with P2E
P2E Gaming and the Metaverses you are seeing in the space today is not just a trend. It is a disruption. It is a movement. It is literally JUST beginning.
The use case of gaming in crypto and the ability to earn while you play in a native or secondary token has one of the highest use cases out of any in crypto as of today.
It is a seamless transition and one that many can agree will see a MASSIVE perpetual capital inflow from traditional gaming to crypto gaming.
The traditional gaming industry is expected to be a $260B market by 2025 and include 1.3 billion active gamers. Now imagine those gamers realize that they can get paid by playing the games. Not through sponsorships, endorsements or marketing deals…but by playing the game.
Crypto and P2E gaming is quite literally changing the game entirely by offering an equal playing field for everyone involved, giving players ownership as well as a good source of income.
Yet, the rate and projection of growth is skewed because crypto projects and their gaming projects do not always simply stop at the game. Many stretch into disrupting spaces such as in game digital collectibles, NFTs, scalable blockchains and AMMs.
Blockchain sets the perfect environment. Crypto gaming has not even seen a fraction of the growth you will see in the near term.
Axie Infinity
With a market cap of $8 Billion at the time of writing this, AXS is undoubtedly the market leader when it comes to P2E gaming (disclaimer: I do have a position).
They came on like a wildfire over the past 8 months when their operational P2E game and ecosystem proving that it deserves in this space. At its high it reported a MONTHLY revenue of $220M that was dispersed amongst its players.
Being the first mover does have its advantages and its downfalls. Axie will continue to always have a spot near the top of of the list of gaming projects in crypto as long as they continue to adapt and innovate with the market. However currently, we are seeing a learning experience in their token economy and the exponential inflation of its payable secondary currency SLP.
Enter UFO Gaming
This is the part where I shill you on my position, right? Well, yes and no.
This is the part where I will share my thoughts as to why I have the position I do and why I have the conviction that I do in a coin that is just starting to gain some attention in the hottest space in crypto.
In short, UFO Gaming is expounding on the P2E framework that has been laid with improvements, additions and a full arsenal of usage for the native UFO token. Meaning, as time goes the usage and the value of the UFO Token is programmed to go up.
Covered below:
- Expanding P2E Ecosystem (Cross-chain Micro-Economies)
Virtual Land with Use Case
Dynamic In-game NFTs - Financials (Tokenomics, Fair Launch, Marketcap Upside)
- Strong Team and Anchor Partnerships
Expanding P2E Ecosystem
What UFO is creating is an expanding Cross-Chain Metaverse that will be made up of many micro-economies. Each game will have its own planet, with its own in game NFTs, and it’s own DAO that is represented by finite sets of land that also gives compounded revenue share based on the rarity of said land. Stop right there.
The implication here is that there is a direct passive income mechanic built into their Dark Metaverse represented by owning land within that planet. By doing so, you will earn a percentage of that games revenue as long as you hold that NFT. Axie Infinity topped at $220M in revenue one month this year. I am not saying it will happen right away, but imagine earning a portion of that type of revenue by simply holding that land. The UFO Team already confirmed with me that land owners will take a hefty share of the revenues which tells me this is going to be an EXTREMELY lucrative endeavor.
For those lucky, and likely worth enough, their rarest “Eternal Land” not only gives you revenue share rights to that planet’s game but ALL games within the Dark Metaverse. Should UFO Gaming get to the spot that I believe that it can in the market, people will be able to retire off of that alone.
In addition, each game seemingly will be on a different chain (there have been hints at numerous well-known L1 and L2 chains. In speaking with the team, they are working hand in hand with the chains that they will be building on. Meaning they are getting formal agreements and cooperation with those teams. This is a move that is thinking several steps ahead. Each time a game is built on a new chain, they receive developmental support, marketing support, and a bridge to an entirely new community.
A crazy feat to say the least but I have gotten confirmation those conversations are already happening or closed as well as proof that the UFO Gaming Team has already been developing everything needed to make this cross chain experience seamless for the user…
Think on the entire section again for a moment and attempt to see the scale at which this encompasses before moving on…
Super Galactic
Super Galactic is set to be the first game in the ecosystem. Should it come within the ballpark of popularity of Axie Infinity, you’re looking at a multi-billion dollar project.
Like I said, I am an investor in Axie and absolutely love the project. Yet, I have also seen Super Galactic game demos, and I have seen the token economy of UFO and its secondary token of UAP. It is built sustainably to have a proper burn rate and mitigate some of the inflation issues you see with AXS and the game looks quite fun to play. I do not think we will ever see any issues of this first game performing tremendously well.
However, UFO Gaming is not just one game, it is many. I think of the Dark metaverse in its entirety as a gaming conglomerate like a Nintendo, a Ubisoft, or an Activision that has a seamless transition and gamification for the user. Big names, yes, but they have already shown they are working to bring in AAA gaming studios, developers and bridge to the ESports gaming space.
UFO Gaming is for real and each game in the ecosystem will drive up the demand and usage of the UFO Token while locking up supply…
Financials (Tokenomics, Fair Launch, Marketcap Upside)
I will not go into too much detail here as I have covered this in depth across many Twitter posts.
However, looking simply at where UFO Gaming is as of today at a $300M Marketcap, and then looking at the top spot of Axie Infinity (currently an $8B Marketcap), you see a difference and an upside of approximately 26X.
Do I think UFO Gaming can overtake, Axie Infinity? Yes, however it will take powerful execution and adoption. However it also does not need to take over AXS to really have “Unicorn” style upside.
As I stated before, the entire P2E space is about to see an extremely aggressive accelerated growth and I am confident that it will reach the current market capitalization as Axie Infinity, if not higher.
UFO also has proper things going for it such as the fact that it indeed came to market under a fair launch. This means there are no seed sales, no private sales, no early VC involvement or people with extremely inflated positions waiting to be released. All tokens that ever will exists are already circulated and owned within the community.
As demand or usage increases (as it is programmed to exponentially with each game), the price will reflect it.
Strong Team and Anchor Partnerships
As I have said before, I speak to the team constantly and am blown away by their expertise, connections within the space, understanding of the markets and ability to navigate it.
They have formally partnered with at least three chains that I know have and are in conversations with various others. I would assume that means games are already in development (one area that the team extremely secretive about). The team has also been in discussion with many strategic firms, efficient capital firms, and advisors that will be announced when ready.
Additionally they recently announced one of their first anchor partnerships with a gaming DAO, Merit Circle. Not only am I extremely bullish on the partnership and the implications it has on the ecosystem, but also the project itself. They bootstrap decentralized games, giving the players and users power back through scholarship programs and education. UFO Gaming will leverage their network, expertise and user base to grow rapidly, which is at the base of their success.
UFO is doing this right, and I am in it for the long haul.
