November Update
📖 Let us begin…
This months update will be focused on our release of the Attack Wagon Arcade! We will also give some quick updates as well as a quick look at the Fundraise.
Arcade update and How it works
The Arcade has a new update and we also wanted to take a quick peak behind the curtains to see exactly how the arcade now works.
First off, we’ve built out a new login process for the entire arcade where you are able to login through the website and remain logged in no matter which game you decide to play or skip through.
Simply login
Choose your game
The system will keep you logged in
And score your way to victory
When you buy plays you will see a menu to use any token you would like. This makes getting into the arcade games super easy and gives you the ability to pay with something outside of $ATK. Why use something other than $ATK? First off, $ATK is still accepted and if you pay in $ATK we still take a small percentage and burn it off. This happens no matter what we collect. However, when users use tokens other than $ATK we convert it instantly to $ATK then burn off a small amount each purchase. So buying in ATK gives us a burn but buying in a different token gives us a swap and a burn. The burn takes tokens out of circulation but the swap gives $ATK a boost in price before the burn even takes place. We’ve explained this piece in another blog here if you would like to read more about it. https://attackwagon.medium.com/aw-september-update-310604c13ac6.
This also allows us to have anyone outside of the $ATK and even polygon realm come and play in the arcade.
Wen Release?
We have been planning on an early december release of the arcade for the past three months and are ready to do so however with the holiday slow down from lead investors, and the fact that I will have a new baby in just a few weeks, we are now planning on an early January release. This allows us some build up on social media, a few extra weeks to squash some more bugs and a few weeks for me personally to get settled with the new baby. We will talk about the investors more in the fundraising section.
Fundraising
With everything above we wanted to give a followup for fundraising as it has been a while since our last fundraising update and people would like to know. As of last week we have met with dozens of investors. We have a couple of investors who would back us as long as we can gain a reputable lead investor. Lead investors are investors with a larger name that will help pull in a number of investors to finish out a fundraise round and bring legitimacy to a project on the marketing side.
We are currently still on the hunt for this lead and will continue to meet and pitch to them until we land one but currently we do not have a lead locked in. One of the main things we’ve heard from them is that we need to have our arcade launched and showing what it can do before any real consideration can be put towards supporting us in that way. We are also reaching the end of the year and during the holidays meetings with these leads are also getting harder and harder as they are taking time with their families. We will continue meeting with potential leads but we are also aware that January will more than likely be the time that meetings are more easily established with these leads.
We have zero plans on stopping but we also need to be smart and put money into the products needed to get us to where we need to be. We want to make sure that we land a good product that both produces income and makes gains for $ATK. $ATK gains are a proof that is needed for these lead investors so that we can show off what we can do. As we’ve posted in previous updates and above you can see how we can get there with the Arcade. In the current market Lead investors are not as interested in big games as they have short shelf life however they are very interested in the Arcade as an infrastructure play for blockchain integration into gaming. We already have a good product and one that can bring us what we need.
— — — — — —
Thank you
I’d like to let everyone know that we are not going anywhere and plan on continuing to work hard to blow this project up. Thank you to everyone that continues to push the project and help where they can. Keep supporting and keep being awesome.
— — — — — —
