Arenum AMA Recap 07/02
Arenum.io1 QUESTION
For the beginning let's briefly take a look at the beginning of 2023?
We follow our development and BisDev plan.
As we already said, our goal is to build a strong basis for long-term fundamental growth.
We’ve launched SBF Escape game and used a hype topic to attract active players and holders.
For the 3 weeks that we have run this event the token price has shown organic growth from 0,0168 USDT to 0,098 USDT.
We plan to scale the success and use games and upcoming news from the crypto world to create a long term focused community that is ready to see green candles in 2023 and to the moon ARNM $5+ during the bull run in 2024.
2 QUESTION
During the bear market 80-90% of coins will die, how do you intend to prevent this situation to $ARNM?
We were very fast to react to changing situation due to the help of our advisers😅 We’ve reduced the costs gradually to be strong enough and to stay alive during the bear market
We’ve reduced:
- the salaries
- marketing expenses
- market making expenses
- we’ve fired the part of the team and have financial discipline that prevents us of unnecessary steps
We are very restrained in all expenses and are very picky spending money.
Arenum has enough resources to stay alive for the upcoming 18 months without any revenue.
This means we will stay alive during the bear and will have resources to scale when the bull run starts.
We are very attentive with the spendings and ask ourselves if this spending will help us in the long term or not.
3 QUESTION
How can you evaluate current results of ARNM performance?
I consider that we are doing great work.
Let's take a look at the numbers:
- ARNM price grows 19 days in a row
- ARNM show growth from 0,0168 to 0,078
- Number of participants of SBF escape game constantly grows:
- In Season 1 it was 238, in Season 2 - 491, in Season 3 - already 715.
- I believe in Season 4 - we’ll see 1000+ participants.
4. Trading daily volume has increased gradually from $40k to $500k
The growth is healthy and organic, it is fundamental.
This is the key for long term reasonable growth.
4 QUESTION
What plans do you have for 2023?
As we said at the end of 2022 in the mid of Jan we’ve launched a big event with 10k USDT with SBF escape game.
You can check the detailed roadmap for Q1 and Q2 2023 on our website arenum.io.
Briefly:
- We plan to launch loud partnerships with some tier-1 blockchains
- We plan to launch the Arenum app, which will be based on the experience of the fiat beta. With good onboardings, high conversions and good retention
- We'll launch marketing, PR and growth hacking activities
Definitely we’ll use current experience to attract more KOLs, more community members and tier-1 partners.
5 QUESTION
What should we know and spread about Arenum?
Arenum is a good investment to take 100-1000x, for the following reasons:
1. We have enough funds to stay alive for the upcoming 18 months without any revenue. This means that we'll have enough resources to stay alive till the next bull run and to scale the product and community
2. We have a low MC ~500к and ~5М Fully diluted Market cap. That means we have big growth potential. Giving 1000x during the upcoming 2-3 years is a job to be done and current low MC is an argument that makes it possible
3. IDO investors are already mostly out with some good money (if they were smart to sell at the right time), VCs have already unlocked a significant part of their tokens.
We track the sell pressure and most VCs have already sold 99% of unlocks at a low price. This means that the sell pressure will become lower and it will be easier to grow.
By the way, this is one of the things that you see right now.
4. We know how to use market opportunities. Stay tuned and we'll launch lots of crazy viral staff. SBF escape game is only the first step.
We are developing the real time multiplayer engine for PvP - we’ll deploy absolutely crazy staff using it.
5. Let's grow together 💚
Retweet, repost, show arenum.io to your friends.
We love our product, we love our community and together we’ll face 1000x during the bull market.