TOOLKIT Episode posted. Getting though a COVID winter.
I rarely say “must listen” but you will want to hear
@CorsIAQ
and
@BhadeliaMD
with VERY specific help on how to get through a dangerous COVID winter.
What is Product Market Fit and why I believe
@photofinishgame
(PFL) has attained it.
First, let’s define Product Market Fit (PFM) because the vast majority of startups who think they’ve hit it, have not.
@pmarca
of
@a16z
says it is “the only thing that matters” and defines PFM
Entry fees were increased on
@photofinishgame
-- as a result players spent over $150,000 in one day to race their horses. And 20% of that goes to $CROWN stakers.
I find that due to
@photofinishgame
being so in-depth that some people have trouble picking their first horse. As such, I have written a guide: "Simple Strategies for Buying Your First Photo Finish Live Race Horse". Click the image below:
Everyone in
@photofinishgame
understandably is focusing on the horse purchases by TedRacing. But they've earned 409k CROWN from racing but have over 1m CROWN staked on their majority owned race track meaning they've bought at least 600k $CROWN or so. Respect the conviction!
Ted Racing by-the-numbers:
🤝 $1 million spent on Photo Finish™ racehorses
🏇🏽 426 horses owned
👑 409,035 $CROWN collected via racing
💰 Net $38,500 in race winnings
🥇 991 wins
🐐 1 GOAT (him)
Almost one year ago now I wrote a "
@photofinishgame
Investment Thesis". While we're still early, I absolutely maintain the extremely high level of conviction I outlined in it. Here it is for those who have not read it:
Love what you're building
@helium_mobile
(my wife and I are subscribers). I'm majority owner of a
@photofinishgame
horse race track which gives me naming rights. May I please have permission to name the track Helium Mobile Raceway this season?
CC:
@amirhaleem
@fmong
How amazing are
@photofinishgame
tokenomics? If 100% of $CROWN was circulating and 100% of it was staked on race tracks, annual yield would be 5.6% because so much is being spent on entry fees by players.
But make no mistake, this game is going to grow for years to come...
Brand new All Time High sales record in
@photofinishgame
! This is a great filly w/ stellar pedigree! ATH sales are always great to see, there are great horses at every price point though...we are still early. Come check out our Marketplace and get involved, we'd love to have ya!
Average Web3 CEO: Buy our picture of a camel with a funny hat because it's a camel with a funny hat.
@photofinishgame
CEO: We've partnered with Churchill Downs, owners of the Kentucky Derby and are currently meeting with all their partners on site. People have bought $1,000,000+
This is incredible to see. A
@photofinishgame
stable has already passed half a million dollars in breeding earnings meaning people have paid them $500,000 to breed with their male horses. Just like real life horse racing, stables can make BANK from breeding.
It's fascinating that people get SO UPSET when their
@photofinishgame
race horse is "claimed" (sold) in a claiming race. Then I realized that, as the highly scientific graphic below showcases, it's because virtual race horses are the best pets. It's indisputable science.
I introduced a friend to
@photofinishgame
early on. He was smart and would buy PFPs any time the value of the CROWN they held dropped below 3 cents. Here's his current yield on the CROWN from those PFPs. Calculator:
Want an easy 10,000,000 $BONK for trying out
@photofinishgame
, the kickass horse racing game in beta on Solana that
@LtLollipop9
himself is Sombrero deep into? Here's how:
1. Read this easy guide to signup for the beta and understand how to race:
👇
If you've been thinking about getting involved in
@photofinishgame
now is a great time as tomorrow (18th) is "Foal's Day" where this season's foals will be born and hundreds will hit the marketplace, some at great prices. Here's a guide to getting started:
Attention $CROWN holders --
@photofinishgame
just announced what is in essence a halving!
Starting in Season 10, we will be allocating 10% of the remaining $CROWN stimmies treasury each season. Therefore, Season 10 will receive an allocation of 2.9M
If you like
@photofinishgame
$CROWN then you're going to LOVE racing the horses. Not only is it fun AF and highly strategic, but you earn $CROWN EVERY SINGLE RACE. Think of horses as miners you can breed. Click below for a guide to getting started:
1/2
The graph below from
@KaminoCrypto
shows daily track revenue for
@photofinishgame
which is "up only". This is the last freak season where horse population doesn't increase. Yet revenue has. Why? PFL added more high end races and people are happily paying higher entry fees.
What does the chart below show? It shows that a SINGLE
@photofinishgame
horse has earned their stable owner $45,000 just in racing revenue.
Yes, really.
I want to support new
#crypto
#artists
on $rari. I will purchase art I like from up to five new artists on
@rariblecom
. To be eligible:
1. Signup
2. Create your collectible art and upload it.
3. Like and retweet this tweet
4. Reply with a link to your art.
5. If I like...
Everyone who plays
@photofinishgame
better be damn happy Ian is leading the company and not me. I woulda rugged ya'll many months ago. To persevere like this takes strength I do not have. I've occasionally compared Ian to Steve Jobs. Both were / are eccentric, brilliant,
A Fundraising Story
Now that the ink has dried, I thought it might be cathartic to look back and discuss what all went down as I started the fundraising process literally the same week FTX cratered.
At the advice of our lead investor LVP, I spent much of September and October
Madden Football is the dominant video game franchise for football.
FIFA Soccer is the dominant video game franchise for soccer.
There is no dominant horse racing game despite there being 600 million fans.
@photofinishgame
is on its way. How early are we though? This early:
Did you know owning a
@photofinishgame
PFP seen here: gets you membership to the Photo Finish Jockey Club which has over $5,000,000 in assets in its treasury, 5 figures of revenue per month, and one of its goals is to own and race IRL race horses?
@fintechfrank
@SBF_Alameda
I've long held a diversified portfolio of assets. From crypto to stocks to real estate. Starting today, I will be winding down all my US stock positions. I will not support such blatant collusion by US institutions.
If you're interested in joining the
@photofinishgame
ecosystem, today is an important day:
1. All new foals are born today which means a lot of new horses are hitting the in-game marketplace. I'm seeing some deals hit the wire.
2. The $CROWN staking window opens for 10 days.
One can argue quite well that
@photofinishgame
is well on its way to product market fit if it's not already there. What's the market? Becoming the Madden Football of horse racing for the sport's 600 million fans. There isn't (well, wasn't) any truly great horse racing
1/ A thread showcasing what a dominant horse in
@photofinishgame
looks like and its profit potential.
We'll use Night Saturn out of
@BigBrainStables
which is owned by the legend himself,
@SOLBigBrain
You can see the horse here:
I'm pleased to announce the acquisition of the iconic
@photofinishgame
Stylish Stud most commonly known as "9926" for my collection. If you own any green background PFPs or Spooky Studs, please reach out!
This is really big. This allows you to utilize any ERC20 token on
#Solana
and as they're added, on the
#serum
dex which is on Solana. What makes this huge is Solana is extremely fast (~400ms block times) and fees gas fees are insanely low.
One is undervalued and the other is overvalued.
$CROWN 20 mins visit duration is ridiculously sticky.
Congrats to
@iancummingsnft
&
@photofinishgame
team.
$AXS still has great visits, visit durations, and bounce rates!
$NAKA visit duration is up but # visits is losing
Looking for video guides and tutorials for playing
@photofinishgame
and how $CROWN works? We've collated some great ones by
@NFTLeano
in the blog post below:
For those interested in
@photofinishgame
today is an OUTSTANDING day to finally jump in as it's "Foal's Day". Foal's Day is the first day of every new season where all the new horses are born and many hit the marketplace for great prices. Join us!
With $CROWN going crazy and
@photofinishgame
PFPs selling like hot cakes, we simply wanted to share a guide to getting started racing in this amazing game:
With current $CROWN price, racing is EV+
A horse in
@photofinishgame
has already earned its owner over $100,000 with 15 more seasons to go.
If you think this game hasn't achieved product market fit, I don't know what to tell you. This is something truly special happening here.
We prefer to taunt not flaunt…
But there’s marketing value in sharing major milestones…
Prime Time officially crossed $100,000 USD (8M $Derby) in lifetime earnings… 💰
Still 15 more seasons to go! 🤯
There will be MANY horses who will achieve this success.
PT just 1st. 🐐
Do you like my new
@photofinishgame
banner? Want your own FOR FREE? If you own at least one PFL PFP then respond to this post and I'll buy you a similar banner from
@Address_51
* I'll provide up to five for free.
The
@photofinishgame
customer service response SLA is under 1 minute and you get three separate responses. 🤣
To say it's a passionate community that wants to help new and old players alike is an extreme understatement.
I've toyed with the idea of writing a psychological profile of Ian since he rubs some people (VC included) the wrong way. A "normal" person CANNOT do what Ian is working towards. Will I write the profile? Nah, it's a waste of time. Just google for "Steve Jobs psychological
It can feel amazing seeing the bullishness and euphoria on
@photofinishgame
on the timeline. So happy for our community!!!
~~~~~~~~~~~~~~~~~
Yet, here I sit, with blood still boiling at the countless tweets and shitfluencers that ignored us, left us off their stupid tier graph
@LomahCrypto
I disagree. Go for the one that has product market fit. Because as long as they have the tokenomics right, users will make money long term and in a sustainable manner. The only one I've found thus far is
@photofinishgame
@ZssBecker
$CROWN is the token for
@photofinishgame
which is an outstanding horse racing game with unmatched tokenomics. If you'd like to get involved in the game, here's a step by step guide:
Third Time Entertainment is proud to announce a multi-year agreement with the biggest name in horse racing -
@ChurchillDowns
.
Photo Finish™ LIVE is now the official game of the
@KentuckyDerby
. 🌹
@Jason
@RoaringHammy
The userbase is still relatively small (around 2500) due to the horse population limiting it, but the key is, their 30 day retention rate is over 93% when 10% is considered good for games.
This game WILL become the Madden football of horse racing for the sport's 600m fans.
Seriously folks, watch the video (and turn sound on) and I then challenge you to share a blockchain game with higher production value than
@photofinishgame
What an incredible
#PhotoFinish
in this week's Third Time Derby! 🏆
Congrats to
@PoconoRacing
& GvT Racing on the win.
Big-time showing from
@WolafFarms
in taking home both Place and Show.
One of the main reasons I left EA was because as creative director I had to spend most of my time making hundreds (or even thousands) of PowerPoint slides, instead of working on the game.
Here I am 10 years later, back in it. But never had a slide like this one before. 💪💪
24 hour volume for
@photofinishgame
horses has been $17,981 which makes it the fourth highest collection on
@solana
This has been common the last few weeks but most aren't paying attention despite them partnering with Churchill Downs, owner of the Kentucky Derby.
In the past 24 hours,
@photofinishgame
had 545 races open for entry, and of that, 491 total races were filled and went off. (this is a new record)
To fill those races, 4,223 horses raced in the last 24 hours:
Over $120,000 (USD) was paid in entry fees for those 4,223 horses
Winning the Virtual Kentucky Derby with a
@photofinishgame
race horse gets you congratulated by the actual Kentucky Derby. What has your NFT done for you lately?
Someone named a horse "Buy PYTH" in
@photofinishgame
. While I own
@PythNetwork
I checked the chart and it's bullish AF so I bought more $PYTH. May the horse gods bless this trade.
This is a BIG sign that
@photofinishgame
has Product Market Fit. IRL champion horses make BANK from breeding. And we're seeing the same with PFL as this horse just bred 35x at 20,000 DERBY ($250) in less than two hours.
So Night Saturn sold out 35 breeds in less than 2 hours.
I did not even get a chance to do all breeds that I was planning for my own stable.
Thanks to everyone who bred their fillies with him, and congrats, looks like you got yourself a great deal :)
Stopped by
@OaklawnRacing
to check out their horse racing track then stopped in the casino for awhile. I had zero interest in horse racing prior to getting involved in
@photofinishgame
- question is, when will Oaklawn have a track within the game like the Kentucky Derby does?
I will be at the 150th Kentucky Derby all thanks to
@photofinishgame
(I was never into horse racing prior to it).
It is going to be EPIC. If you're into PFL and $CROWN, don't miss it!
JOIN US!
This is an interesting piece and I'd argue that
@photofinishgame
is already doing it.
1. PFL has product market fit.
2. Racers receive rev share via DERBY (not a crypto) for racing.
3. Racers obtain $CROWN which they can stake on race tracks to own a proportional share.
Tokens at the app layer of crypto have largely failed to sustainably grow products and networks, and understandably, tokens are now out of vogue, cast out as a category error.
I don't see it that way.
@ljin18
and I have been developing a new model we call progressive ownership.
@CobraBitcoin
What do you think happens to all those ASICs currently mining Bitcoin when they no longer can? They move to another coin and it suddenly has the most hashing power in the world...
🏇🏽 Introducing the First-Timers Furlong Series!
👏 Photo Finish™ is taking the training wheels off the Trainer Horses by way of the First-Timers Furlong Series.
🫴 Beginning with Season 10, Trainer Horses can now stack up Trainer Points to move up the Trainer Points
Late night alfalfa just dropped in our Discord from CEO and Founder
@iancummingsnft
LOANS and RENTALS ARE COMING SOOOOON👀
Why are we doing it?
A: It allows syndicates to fully run their stables safely with separate accounts
B: It allows new players (from any and all
This showcases just part of the genius of
@ChurchillDowns
to partner with
@photofinishgame
-- I was never interested in horse racing prior to getting involved in PFL and now I'm going to the next Kentucky Derby. This game bridges the digital and IRL realms.
What have you heard about the Photo Finish Executive Club?
We're excited to announce that 32 members have come together to procure 4 full tables in the exclusive First Turn Dining club for 2 days of racing excitement at the upcoming 150th
@KentuckyDerby
, May 3-4 2024, in
A single stable in
@photofinishgame
has earned almost $150,000 in BREEDING FEES (people pay them to breed with their studs) alone.
PRODUCT. MARKET. FIT.
Approaching $150k in breeding fees...all from horses that must first be retired from the racetracks to create the next generation of champions.
Just like in real life.
Come own your piece of history. ⤵️
For those that didn't know,
@photofinishgame
is partnered with Churchill Downs, owner of the Kentucky Derby. Once per season (which is like one year in real life) they run the Virtual Kentucky Derby for qualifying horses. Tune in for the show tomorrow, it should be a lot of fun
1/ A thread showcasing a "Claiming Race" strategy in
@photofinishgame
Claiming Races are where any horse entered in the race can be bought or "claimed" for the preset claiming price. In the case of this race, 15k DERBY (the in-game token) or $187.5:
Looking to get into
@photofinishgame
? Today is "Foals Day" where thousands of new horses will be born and great deals will hit the marketplace. Here's a guide to getting started:
✅ Experienced and transparent game team (EA Sports, Zynga, FanDuel)
✅ FUN GAME
✅ Amazing community
✅ SUSTAINABLE game design
✅ Official License holder of the biggest brand in horse racing
@KentuckyDerby
✅30 days, 100% gain on token
$CROWN
Come join us!
Link below:
Just turned down a 1,000,000 $DERBY offer ($12,500) for one of our new gen1 virtual horses we bred in
@photofinishgame
.
With the vision of
@iancummingsnft
being so BIG & the potential market so LARGE, I still think we are EARLY. The BIG $$ is starting to show up. We like the 🏇
While we have great respect for Astro, the most storied
@photofinishgame
Stylish Stud is Ticket Window who foretold the incredible partnership with Churchill Downs, owners of the Kentucky Derby.
Gonna wear this pfp until we safely land on the moon!
As one of the five rarest 1/1’s in the collection, Astro is also likely the most storied Stylish Stud in the game having spent a great deal of time traveling the metaverse with the Soliens.
@photofinishgame
Always the record breakers at
@YSM_Racing
- but feels weird being on the sell-side this time.
The first ever bred horse sold for $10,000 (USD) on
@photofinishgame
.
So long Ruthless Dutchess, and congrats
@LegendSmup
! See you at the virtual
@ChurchillDowns
next season! 🏇
Above Average Web 3 Founder: "I attended 2 twitter spaces and posted in Discord for five hours today"
Ian Cummings: "Thanks to me closing the biggest Web 3 partnership in history, I gave a TV interview from my company tent from the infield of the Kentucky Derby"
Photo Finish™ LIVE is boots on the ground at the steps of
@ChurchillDowns
preparing for 50,000+ fans on the Derby infield (next to the
@TwinSpires
tent!)
Check out CEO & Founder
@iancummingsnft
's live interview just a few moments ago with NBC Louisville affiliate
@wave3news
So you're telling me we only have to beat 2,462 other runners to win this season's
@photofinishgame
Kentucky Derby?
Easy!!
The real game begins today everyone. Data is the key to success.
Visit to get the edge you need to compete.
@iancummingsnft
You guys have created one of the stickiest games of all time yet to me one of the CRAZIEST aspects is people who stake $CROWN get to capture a lot of that value you've created.
NO BRAINER.
This amazing stable manager took a single
@photofinishgame
filly during beta 1 and turned it into 220 horses with massive winnings via smart breeding and racing. Beta 2 begins November 7th. You want in on this game...
Sometimes we wonder if people knew everyone who was already in the
@photofinishgame
Executive Club private chat (own 20+ PFPs) if more people would want to join it...
Are you starting to see how amazing the tokenomics for
@photofinishgame
is? Yes, payments are a critical app for crypto
@KyleSamani
but this is a beautiful example of how excellent tokenomics can bootstrap an outstanding game to long term sustainability.
I'm getting PAID $40 to run in this race! And my horse still has a decent shot at a podium finish to receive a portion of the purse!
@photofinishgame
is on another level! It won't stop, this is just the beginning. Get involved. What happens when $CROWN is $.50 or $1 or $4? 🚀
The average gamer is 35 years old.
In 10-20 years most living people on earth would have grown up with a gaming device in hand.
I seriously think gaming will eat the world.
Things like 'in-game' advertising will need to be part of every marketing strategy.
With bittersweet feelings, we announce the sale of the
@photofinishgame
race horse Cheesy Tortilla for over $9,000. We will both enjoy and be pained by jealousy as we watch her race and breed epic stallions. Goodbye sweet mare.
This is the key. Photo Finish Live is actually FUN AF. Add in a twist of being built for long term sustainability and a pinch of outstanding tokenomics, and you have the recipe for something very special...
@photofinishgame
is saving my sanity; after so many years just looking at numbers, charts, TA etc it is such a relief to have crypto actually be fun again!
$CROWN 🏇🏇🏇🏇🏇🏇🏇🏇🏇🏇
🌹Virtual
@KentuckyDerby
Giveaway!
🏇🏽 In collaboration with
@ChurchillDowns
, Photo Finish™ LIVE is giving away an Unraced Foal straight from our vault.
✍️ To enter:
1️⃣ Retweet and Follow
@photofinishgame
2️⃣ Sign-Up Here:
3️⃣ Reply to this tweet with a
IT'S HERE🔥
Our nationwide $20/month Unlimited Phone Plan is now available!
The average American spends $157/month on their phone plan, but starting today, anyone in the US can join Helium Mobile & say goodbye to overpriced bills.🙌
Read the news:
Sign
We are only interested in acquiring the most rare and unique
@photofinishgame
assets.
There are only 8 of these in existence and impossible to find a seller.
After 2 years of hunting, we are thrilled to showcase the newest addition to our PFL portfolio...
Spooky Stud
#1
👻
Incredibly happy to have just acquired the ultra-collectible Spooky Stud
#6
: "The Witch". Only 8 Spooky Studs exist and were released as a Halloween special by
@photofinishgame
And yes, they WILL receive $CROWN when staked.
@rajgokal
Horse racing has 600 million fans and the best horse racing game ever created utilizes Solana and USDC.
@photofinishgame
Get properly behind this game and you'll 10x the number of people earning USDC on Solana.
We've been receiving a lot of questions about how to join our stables. It's simple: acquire an Elon Stables Token and join our Discord. That's it. 🏇
Listed on Magic Eden ⤵️
The quality of the
@photofinishgame
beta is so high I'd say they're in the top 10 for blockchain games right now and will likely be top 3 when they fully launch. This is the birth of a new eSport.
Photo Finish™ LIVE flips Cardano, Flow, Ronin, Avalanche, Arbitrum...
That's right, as Season 8 just began, horse sales ranked 7th in volume as a platform compared to ALL blockchains in the last 24 hours.
This volume ranks
#8
across ALL NFT collections, ahead of massive ETH
Third Time Games is incredibly excited to announce we have closed a Seed+ round of funding. ⤵️
EXCLUSIVE: Blockchain P2E Virtual Horse Racing Game Photo Finish Announces New Funding - Meet The Investors And Next Steps $SOL $CHDN $CMCSA via
@Benzinga