Destroying SPL Shareholder Value

The constant reminder that "New Player Experience" outweighs the following blows my mind:

• Legacy player retention
• Current player retention
• Timely marketing for relevance in the current market cycle
• Token price demand and prices
• Asset demand, prices, and liquidity
• Player and investor morale
• Severe illiquid impermanent loss
• Match liquidity
• Land & node development
• Web 3 gaming regressing into Web 2
• Investor confidence
• General trust & good faith
• Viral marketing
• Reputation
• Insert your own below...

This is NOT negativity. This IS reality. We have become cannon fodder for the misguided naivety that tearing everything down to rebuild a "better future" is the best course of action. The train has literally come off the rails.

There NEEDS to be more BALANCE. There is no sense of urgency to save the burning elephants in the room. It's baffling beyond belief.

We need to get through to leadership to stop beaching this ship on the rocks in pursuit of a future oasis. There is precisely NO guarantee that substantial new players will come if the ecosystem and existing player base is obliterated in the process. There's also way too much SPS yet to be printed. Future player will absorb that and the oversupply of legacy assets too, right?

If for some reason board members or large SPS stakeholders are driving this behind the scenes, it needs to stop. If it's not the case, then we need another intervention with those at the helm. We shouldn't have to drown so they can make more bells and whistles for fun and a better experience -- in hopes of future retention -- especially when they actively destroy current retention in the process.

We also need a significant focus on BUILDING SHAREHOLDER VALUE. We are the shareholders. At the very least, they should make more of an attempt to sustain it! This is accomplished by having less hope that everything will be fixed down the line, while taking more proactive action to correct it NOW. Our shareholder value has been decimated. We are currently a microcap and are on track to get even smaller. This is critical.

The time is now to radically reprioritize to a more balanced approach. We need our current players. We need new players. We need a lot more, but if the team wants to keep the oxygen cut off, nobody in Splinterlands will survive.

These struggles are not based on broader market conditions. Can't blame the bear anymore. These are self-imposed.

The goal is to get back on the tracks. Let's start being more vocal to spark the change we need or else we're just sheep.

@steemmatt/burning-bridges