[DAO:f241537] Is MANA dropping due to the 2.0 "release"?

Governance
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Is MANA dropping due to the 2.0 “release” ?

This proposal is now in status: FINISHED.

Voting Results:

  • Yes, markets say 2.0 is a flop 49% 528,716 VP (11 votes)
  • No, the markets will turn around 17% 195,119 VP (4 votes)
  • Lolwut? i was away for a month 1% 9,161 VP (1 votes)
  • Invalid question/options 33% 361,079 VP (9 votes)
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Regardless of whether or not MANA is dropping due to the 2.0 release, the 2.0 release is still a flop.

Scrap the whole thing. Start over, either use the freshest Unity available today or switch it to UE.

1 Like
23

MANA (along with the greater crypto market) has more or less been trading sideways since August

I gotta agree with jar0d here - most MANA holders are strictly speculators and have no idea what’s going on with the platform at all.

The market is controlled largely by trading bots, many of which are probably basic as shit and buying or selling based on the moving average, or watching for opportunities to benefit from arbitrage

24

Trading bots, mostly

25

Maybe that should change ?

It’s really a simple equation. Make gamers want to buy MANA, then MANA will go up.
Gamers should want to buy MANA in order to interact in Decentraland.
There will be ways to interact in Decentraland if there are Content Creators.
There will be Content Creators if they can make MANA from their content.

MANA is addictive ! If initial swings strike web3 gold, Content Creators will want more !
They will create even more intricate experiences to get gamers even more addicted.
And gamers will want to buy even more MANA.

Thus if the DAO wants to raise the value of MANA, the DAO is forced to conclude that the support of Content Creation becomes paramount.

The formula should work !

But the DAO should not be funding content creation directly.
The DAO should not be funding “one-shot” content !
One-shot content is not what will convince gamers to stay.
It is rather akin to a festival commissioned by the Mayor of a city.

The DAO should be supporting the establishment of an Economy.
Decentraland is a place like no other, it purely and simply is a Country !

It is just a little bit lost out there in the Wild Web3 West rough-lands for now…

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Is MANA dropping due to the 2.0 “release” ?

This proposal has been PASSED by a DAO Committee Member (0xfb1afa4dc069ffb47b19dbee196045d508fcd5a2)