posted on behalf of @vapid sigil
Current general situation in crypto games is quite bad with most studios and their games closing with no refunds. Crypto gaming investors are investors and as such value expected profit and risk. Due to current crypto gaming situation risk has risen considerably and therefore investments in crypto games are reduced.
Illuvium usually has 1 to 2 years runway and show this info publicly. In my opinion this is good but due to current situation I suggest increasing it to 6 - 8 years runway. This means that when it goes down to 6 years runway new financing is needed to rise it again to 8 years runway. This increase from 1-2 to 6-8 doesn't has to be done in one go, but when possible I suggest to increasing it to that level. This money should be kept safe and in a stable value coin.
Pros:
- If you give info and proof that Illuvium has 6 to 8 years runway crypto games investors will see Illuvium safer for investment and therefore they should invest more. This applies to both ILV coin and all tradeable illuvium items.
- Illuvium development team that is still needed will know that they can keep their jobs for those years ahead, increasing their safety.
- For now the studio has always found new investors but nobody knows the future. If worse times comes where it's impossible to get financing, with 6 to 8 years runway the game itself will be able to survive an extra 5 more years without running out of money.
Cons:
- The studio will have to start searching for new financing now or in near future, but in the long run the amount of investment needed is the same regardless when the money is received.