Blaze Economy 3 Month Anniversary – The Blaze Economy
3 Months ago today Blaze Economy went live and joined the Tron family! The Blaze Economy that you saw on launch day hardly resembles the platform that we’ve evolved into today. Since launch, we have: released 2 new games, built a new user interface, created social elements with in-game chat and player tags/ranks, run dozens of unique contests, and paid nearly 10,000,000 Tron back to our players in dividends! We have MUCH more that we want to accomplish…but let’s recap what we’ve done thus far:
Lifetime Volume and User Statistics:
The Blaze Team has always prided themselves on delivering a fair and fun Dapp experience that keeps users engaged. Not only have we seen steady growth in our player base, but we have given them a reason to keep coming back! Our rate alert bot allows players to know exactly when there is a profitable situation in the Economy without having to monitor all day long. With what we have planned for July and beyond, we expect our player base to steadily grow to 300 daily active users and beyond.
Ranking Statistics:
If you have looked at any of the major Dapp ranking sites in the past 3 months, you would have seen Blaze Economy in the top 5–15 nearly every single day. This model of consistency is what we are most proud of! Any project can get a daily or weekly volume pump but to remain consistently in the top 10 (or higher) for nearly 3 months is an amazing achievement. Even better, Blaze often has far higher TRX volume to player ratios, meaning that we are achieving top volume numbers with a fraction of the players that other Dapps have. This signals to us that we have a high growth ceiling, and our volume (and your dividends) will continue to grow as more players learn what Blaze is all about!
Blaze Token Growth:
Not only did the BLAZE token price remain consistent on low liquidity exchanges, but it continues to hold up on the much more active TronTrade. When looking at the order book, there is generally much more buy support than sell pressure, which signals that even when price dips, traders are always looking to buy. We expect the price of BLAZE to not only hold up, but to rise, with the introduction of BLAZE Bucks and other burn mechanisms.
Economy Stats:
Since our month 2 recap, we have seen total wagered, total bets, and total players grow by 42.94%, 47.51%, and 16.09% respectively. This shows us that volume growth is currently outpacing new player growth. This means that we have done a good job retaining our current players, but we need to do more to reach new markets. We will be putting more effort towards new player acquisition in the coming months. We have yet to introduce localization and translation to the site due to other items having a higher priority, but this is 100% something we intend on doing. We think this will help get new player growth back on track!
Dividends:
Dividends have remained consistent, and have seen strong growth as of late. Per another community vote we reallocated the Kings %s to double the amount that Kings bets pay to the exchange rate at the expense of kings no longer contributing to dividends. However, given that Machine volume vastly exceeds Kings volume, keeping the Exchange Rate high actually has increased the dividend pool overall! This was a tweak that both the Blaze Team and community agreed would help, and it has so far.
BLAZE Bucks and Burn:
One of our biggest projects for July and beyond is to create and introduce BLAZE Bucks to the community. This is going to be a game changing feature for us and we are incredibly excited to release it for our players. BLAZE Bucks is going to be an on-chain (but not token) currency that can be spent in the Blaze Economy to buy all sorts of unique things from cosmetic items, merchandise, cool tech, contest entries, and even lower edge in games! The Blaze Bazaar will be our in-game marketplace that players can go to spend their Bucks.
BLAZE Bucks will be airdropped to all BLAZE holders at a soon to be determined date. We will give our community at least one weeks notice prior to the airdrop. This is something we want to have done before the end of July. After the airdrop, BLAZE Bucks can only be obtained from winning contests or burning BLAZE. As we introduce cooler and more profitable unlocks in the Blaze Bazaar, we expect that the overall BLAZE supply will steadily drop. Players will be heavily incentivized to burn some BLAZE for permanent odds advantages, and therefore Tron earning potential!
As always we are available in our Telegram, Discord, and in-game chat to answer any questions or concerns you may have. BLAZE ON!
BlazeEconomy.com
Telegram: https://t.me/blazeeconomy
Discord: https://discord.gg/GjfnvMy
Twitter: @BlazeMachine
Published at Wed, 10 Jul 2019 15:05:17 +0000
