Arenum AMA Recap 17/03
Arenum.ioCurrent AMA covered next points: talk with community, extra questions & small event — Game vs. Alex
1 QUESTION
Let's start from the plans and your evaluation of the beginning of 2023?
We follow our development and BisDev plan.
Our goal is to build a strong basis for long-term fundamental growth.
I will repeat these words each AMA😂🤝
We’ve launched SBF Escape game and used a hype topic to attract active players and holders.
Price has shown organic growth from 0,0168 USDT to 0,098 USDT.
Currently we’ve launched the “Make Doge great again” game.
At the moment it doesn’t bring such great results as a previous game, but anyway - we have 400+ participants.
Doge game will be great for situational viral marketing when $DOGE will start growing!
2 QUESTION
Why are you focused on the bull market of 2024?
My main points are the following:
- 90% of tokens will die during the bear market
- marketing is extremely expensive
- any growth can be absorbed by sell pressure
So #1 challenge is not to die during the bear.
#2 challenge is to have enough budget to grow in 2024
This means that we have to be very patient with all the spendings.
We’ve fired the part of the team and have financial discipline that prevents us of unnecessary steps.
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.
But if we start to squander our funds doing crazy buybacks or launching thoughtless marketing campaigns - we’ll die.
So I think not only about today - I have to think about tomorrow and the day after, etc.
If we run out of funds - I guess everyone will be sad :)
As for the new listings:
- only Binance will bring us to the moon
- other exchanges will take from $150k to $400k listing fee and bring nothing.
So there is no way to cover the costs for the new listings during the bear market
So new listing will not remedy the situation, it will just eat the part of our funds
3 QUESTION
Does this mean we shouldn’t wait for the price to grow at the moment?
I believe that the most honest answer will be - I don’t know)
Let me explain.
We are balancing the following:
- We want price to grow
- We don’t want to spend funds to make buybacks, cause if we start - the sell pressure will just eat out our funds.
So the current situation price is absolutely organic. Sometimes during releases or before/after AMA we see that the trading community revives, $ARNM enters the top gainers list on Kucoin and sometimes even comes to GemBox.
This interest is 100% organic🔥🔥🔥
Of course we want the price to go higher, but currently there are quite impressive sell order blocks and we need significantly increase the buy pressure
We plan to do it by launching load partnerships that are currently in development.
Hope to come with great news in the end of April :)
4 QUESTION
Does it mean those who want to see the green candles today - have to sell?
No not necessarily, but let me share the following tips
1. Please control your risks
If you put 100% of your capital at ARNM, or other altcoin (even tier1) - you’ll definitely lose your money.
You have to be careful and allocate 5-10% of your spot deposit to long term investment.
And you should remember that 100x in 1 day can be only in casino, otherwise you have to wait
I'm absolutely straightforward and tell that the main ARNM growth will be during the bull run.
If you consider to get some fast X tomorrow - you won't do it definetely
2. Beware of FOMO
Yes, in Jan and Feb ARNM has done 500% growth in 3 weeks, but it doesn’t mean that it will be each month.
There is no guarantee for this.
Better allocate part of your deposit, once we grow 100% put a bit more.
Once we reach 1000%, call all your friends😅
3. Bear is not gone
This is a mini bull run, but globally situation in macro is awful, liquidity runs away, banks collapse.
We’ll see BTC for 14k, then for 10k very soon.
5 QUESTION
Why does BTC grow and ARNM doesn’t?
Please read about BTC Domination. When BTC grows too fast, it absorbs all the liquidity, when BTCDOM is in the range and drops - Altseason starts.
And when tier1 alts have grown - low cap tokens like ARNM will receive the liquidity.
6 QUESTION
Please answer community questions about Twitter activity, team and supply?
The total team is around 20 people. We have the full cycle: developers, community managers, product managers etc
We develop the fiat beta and you can see lots of updates launched to the app.
Once we have good enough metrics in the app, we’ll start token integration.
Current token supply is around 42M ARNM and in the following 15 months there will be around 4M tokens unlocked each month.
As for investors tokens: it is around 8M of tokens that will be unlocked in 2023.
So investor tokens may bring the sell pressure
As for the Twitter activity: we post the major news and updates. I see know correlation of the posts and price.
Make 1 post every day and the price will grow 10% daily. I would be happy if it worked out like this :)
At the same time I agree that it is not cool to have 1 post in 2 weeks, we’ll get better with this.
Besides I hope to have more great news for you, therefore we’ll have more activity :)
7 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 ~840к and ~2М 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.
8M of investors’ tokens still have to be released.
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.
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.
Interesting Community Questions
1 QUESTION
Why not talking about single word about next game launch?
Next game is under development, besides the gameplay depends on the signed partnership, so I can't share aything right now)
But we are working)
2 QUESTION
Does it mean the new game is not good enough go viral?
DOGE is not flying at the moment, besides market is turbelent - all this a part of the puzzle.
Anyway Doge season 1 has more particicpants then SBF Season 1.
I guess we'll give 1-2 more Seaon for Doge while preparing major update