🏠 The Coldest Winter 🥶
Even colder than crypto
Gm. Over the weekend, I finally watched the finale of Attack on Titan. Wow, what an ending, and what a series. I have no idea how many of you like anime, but if you do, what should I watch next?
What Anime should I watch next?
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Esports Are In Trouble
I don’t know about you all, but my apartment has been full of Fortnite lately thanks to the return of the OG map.
All that Fortnite is reminiscent of when it seemed like Esports was primed to break into the mainstream. Streamers pulling in hundreds of thousands of viewers, teams were going public on the Nasdaq, and FTX was spending $210M in naming right deals (lmao).
That luster is now long gone, and an excellent Decrypt investigation dives into why:
Like everything else, the industry was massively overvalued during the pandemic.
Investors brought into the hype and sunk a ton of cash into the industry even though there was no real revenue.
And there was no real revenue because nobody has figured out how to monetize Esport viewers. Barely 10% of viewers have ever spent money on Esports.
On the player side, there’s a lot of turnover due to most players “retiring” around 23.
The result has been widespread layoffs, team foldings, and a whoooooole lot of money lost.
Unfortunately, it’s not clear how the industry moves forward. Web3 is potentially interesting, but nobody plays a blockchain game for more than a week. Game publishers could take a bigger role, but who knows if they even want to.
Whatever happens, at least we still have Fortnite.
Cold Water: With things not even going super well for streaming giant Twitch, it’s hard to see how Esports will make a comeback anytime soon.
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🤝 THE LATEST IN…
Raise: Matic, a developer of AI-driven indoor robots, raised $29.6M.
Stat: $50,000: How much Tesla will sue you for if you sell your Cybertruck in the first year. Jokes on them, I can’t afford one to begin with.
Rabbit hole: 67 Weird Debugging Tricks Your Browser Doesn’t Want You To Know (Alan Norbauer)
🤩 MONDAY MOTIVATION
Deal with your problems by becoming RICH.
Razor thin margins on last week’s poll:
Let’s see if this one is as controversial:
Will OpenAI kill most current AI startups?
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💉 DOPAMINE HIT
Why is this so true?
Based on a true story #millennial #nostalgia #2000s
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