notion image
 
Introduction
Hey everyone, we are back with another edition.
In the spotlight today, we’ve got Tatsumeeko - building a fantasy based MMORPG game.

Socials References 🌍

Sections of the newsletter
  • Description ✍🏼
  • Team 👷🏼‍♂️
  • Funding & Support 💲
  • Core Product Details & Experience ⚒️
  • Community curation & engagement 🌐
  • Degen details 💰
  • Business model 🤑
  • Utility & Benefits 🚀
  • Post mint details 🛣️
  • Key details / What do we like? 🎯
  • What are we keeping an eye on? 👀
  • Closing thoughts 💭

Description ✍🏼
  • Building an immersive fantasy based MMORPG game, life-sim RPG that is cross-platform for mobile, PC and Discord.
  • It’s a multi-chain game based primarily on the Sol + Eth chains
  • They have already got 2 collections in the market:
    • Meekolony
      • a series of 10,000 unique NFT passes
      • 8.2 SOL floor price
    • Aethereal Parcels
      • 10 x 10 in total tile size, made up of four ‘5 x 5’ plots
      • 0.16eth floor price
  • They are now launching the Uncharted Dream event - a socially-driven auto-battler web event with a focus on providing rewards to loyal community members
 

Team 👷🏼‍♂️
 
  • The team consists of veterans from AAA companies such as SQUARE ENIX, Koei Tecmo, Tencent, Gumi and Toei Animation
  • They have collectively shipped titles including Final Fantasy Brave Exvius, Dissidia Final Fantasy, Brave Frontier, WAKFU, Attack on Titan, Sword of the Stars and more.
 
Some of the team members include:
 

Funding & Support 💲
 
They raised $8mn from some of the top investors in the space last year including Delphi, Bitkraft and DeFinance
notion image
 
In addition to them, they’ve got a stacked angel and advisor group including the founders of Twitch, 9gag (Memeland founder), Magic Eden, Crunchyroll and many more
notion image
 

Core Product Details & Experience ⚒️
  • It’s a game meant for the loyal community users to be awarded by providing them rewards, airdrops and more
  • Participation is gated by Meekolony Pass NFTs & Access Codes
  • It offers a 'play-to-earn' type of gameplay experience
 
Here’s how the experience looks:
  • The aim is to defeat the monsters by dealing as much damage as possible using the daily energy
  • You would be required to level up your character, which in turn helps you increase your DPS
  • There will also be uncharted troves, which are essentially booster packs that provide additional upgrades and energy claims
  • Finally, players are required to complete daily missions and quests to earn rewards
Winning offerings include:
  • Place high on the leaderboard to get a chance to get a potential healthy airdrop
  • Claim in-game currency and rewards for both Tatsugotchi & Tatsumeeko
  • Secret Reward == Potential airdrop
 
For a detailed overview, check out this tweet.
 
Some very strong past numbers / metrics are:
  • 1.44 million Discord communities
  • 62 million users
  • 4.7M items traded

Community curation & engagement 🌐
  • Being multichain they have a very unique advantage of being able to cater and get attention of both Sol and Eth communities
  • Again similar to most of the projects these days, they’ve got a whitelisting phase which are obtained in terms of “access codes”
  • These codes provide early access to the game, providing you a 3-week extra runway as compared to the public
  • They are again picking and choosing their partners and focusing a lot on the gaming based communities to provide these codes to, a few ways to earn a spot is via game nights, AMAs, twitter spaces, raffles and so on

Degen details 💰
  • Not much has been revealed around the exact collection but basically it will provide participants in the event to earn limited edition, event-only game items for Tatsugotchi and Tatsumeeko
  • My guess is it’ll be an “airdrop” rather than a collection itself
  • The gameplay event is starting from 28th Feb 2023
 
A small breakdown on the allocation distribution:
  • 70% of the codes for community
  • 20 - 30% for Team

Business Model 🤑
  • Their primary revenue has come from the token raise (though technically, I would categorize this under the Funding section)
  • They also sold each of the 10,000 NFTs at 0.05 sol each making around 500 SOL
  • And they keep earning some $$ via royalties on the sale of the avataars and lands

Utility & Benefits 🚀
  • The primary utility includes the chance to play the game, earn rewards, and obtain valuable in-game items for the future game ecosystem
  • An opportunity to join the Tatsumeeko ecosystem

Post mint details 🛣️
  • Since this is technically not a mint, I will say that primarily post the “competition” - rewards will be distributed across the winners
  • We could also see more cross IP promotions and integrations come to life
 

Key details / What do we like? 🎯
  • The team has raised from top tier investors in web3 gaming specifically
  • Their previous collections already have a massive return as compared to their mint price (160x)
  • It seems to be a “free-to-play-and-earn” mechanic based game, so seems there’s no upfront cost required other than playing the game
  • They’ve got extremely big numbers in web2 especially focused on building small gamified experiences - keeping the users loyalty, engaged and retained
  • The socials are pretty active and highly engaged
 

What are we keeping an eye on? 👀
  • The core agenda behind the game on a numbers level is not conveyed (how big is the prize, how many winners will be there and what will be the winner distribution)
  • The team had raised $7m couple of years ago, they might need to do an additional raise / mint to increase the runway
 

Closing thoughts 💭
  • I feel overall if you get access to the game, you should end up playing it and try to perform to your best capabilities
  • It should be a good opportunity to join the broader tatsumeeko community with the NFT holders
  • Overall, it seems to be one of the most talked-about projects with a very active and engaged social media presence
 
Again, these are just my individual thoughts and not any financial, legal, tax or any other form of advise. Please do your own research and invest accordingly!
 
 
 
badge