Hi Gunners,
Itβs me Phillips - CMO of Gunfire who is writing this article. In this announcement, I will provide answers to some of the questions in our community, from the future development of the project, as long as our fund raising progress and the roadmap for $GUNX token. We believe that these are the questions that have been asked frequently among all the members.
About Gunfire AVAX
Gunfire AVAX is here to stay. Itβs the strongest statement to everyone if you ever wonder about the future of the project. Gunfire AVAX has a good business model and make some profit, although not really huge profit. The application of $AVAX has been praised by investors and launchpads talking to us previously. Nonetheless, we are still not doing good enough for institutional investors to pour in a big fund. This market is extremely difficult for us to raise, we are being very transparent on this. Gunfire AVAX can still operate even in this market. But to scale to become the next Axie Infinity, we need to wait for a bull run from the market.
This December, things have been brighter for Gunfire, we are closing on a very small deal with the Avalanche ecosystem to actually support us further in our operation. After all, every projects need funding for operation. The funding we have from this deal, will be spending on revamping the Gunfire AVAX game, including:
Acquire players from traditional gaming market (Google Play Store, Appstore)
Acquire players from the web3 space
Ensure the benefits of existing Gunfire AVAX users in the Endless Tournament by contributing to the Endless Tournament Prize Pool
Gunfire AVAX is no different than other game product, it always need new users to refresh and drive a sustainable revenue stream. The past few months have been a difficult period not just for Gunfire, but for any crypto projects. Thatβs why even with the support from Avalanche, we still need to focus on growing the user base.
What will happen to $GUNX?
With all the information above, $GUNX listing plan in Q4-2022 is not going to be successful. As a result, $GUNX listing plan should be delayed until we experience a better market condition. We know you all want the price of $GUNX to increase and you and sell your Airdrop $GUNX. But ask yourself a question. Who would buy it in this market and what will provide the liquidity for you when even institutional investors are still holding up to their funding? Is any launchpad willing to launch $GUNX right now when they see the possibility of them making a profit is next to zero? Purchasing power in the crypto market is lower than ever. 2,500B market cap in 2021 and now we are at ~900B market cap. Gunfire AVAX is lucky to still survive in this crypto winter!
Of course, our team play a part in this because we were not doing well enough to secure a big deal from investors - a deal that would secure a big liquidity pool for $GUNX holders right now. Thatβs a fact we want to share with all Gunfire AVAX players.
If you try to call Gunfire team scammers for not listing $GUNX right now, we have nothing to say to you because you earn $GUNX for free. You earn while playing PvE, you earn while inviting friends, and none of that costs you money to buy. Those who get $GUNX as a cash-back for purchasing Chests, Tickets, β¦ are those who participate in Tournament and already earn $AVAX if they win. Moreover, there are still many players who try to get the supply of $GUNX with cheating behavior, mass account creation, and abusing the system, β¦ We have to make sure we get rid of all of these cases before we list our tokens. Itβs crucial to a healthy and secure launching event!
Conclusion
Long story short, Gunfire AVAX is here to stay and to grow. With all the support that we have from Avalanche ecosystem, Gunfire AVAX is working our best to drive more users in more traditional ways (Google Play Store, App Store, β¦). We need to secure a sustainable runway and revenue stream for the project before thinking of listing or anything else. Listing $GUNX now will only do harm to the long-term development of the project rather than do good. When we have a market bull-run, everyone will win in the $GUNX launching event
We are grateful to have a strong community of players who support us from July up until now. We appreciate your support, your patience and your communication with us. Together, we should think about the long-term development of Gunfire AVAX. Thank you for being here with us!