ICI - Charts, page-1162

"I didn't predict the crypto market crash which held back 3 projects.1. Misfits2. Anotherverse3. Metal GenesisIf those games came out 30c is tooooooooooo easy."

A classic investor mistake is to blame external events for company underperformance. If you had a reasonable grasp of GameFi, you'd realise that new Web3 games and NFT drops are occurring on a daily basis. Just because the hype bubble has popped, doesn't prevent gamers playing fun games.

The time for making easy money has passed, but this doesn't mean that everybody postpones games/drops indefinitely. This week alone Animoca have been involved in about 10 different token drops, with most relating to games and metaverses. As some here recognise, the best Web3 gaming companies are innovating all the time and learning from their mistakes.

Have ICI ever stated that they are holding back their projects due to the crypto crash? It seems more like an excuse that Crazy has invented in a poor attempt to try to deflect any criticism aimed at management.

It is much more plausible that the games are delayed, which is why ICI have started backtracking from their original timetable. They now have roadmaps with no dates, so that they can claim that project development remains on schedule! It's for such reasons that the market still awaits evidence that ICI can be trusted i.e. can this company be trusted to deliver quality projects within a reasonable timeframe? They clearly shot themselves in the foot with the spruikey $4m guaranteed NFT revenue announcement.

It was obvious to some of us at the start of this year that ICI were never going to launch any AAA games in 2022 given that such games take 3+ years to develop. That's why Crazy's price predictions are so absurd and completely baseless. He is completely blind to management's errors and delays.