In This Video: Alpha Uncovered | Star Atlas (Part 1/3): The Coldest of Winters #coldest #winters #alpha #stocks #stockmarket
Filmed on 26 Jan 2024 (Part 1 of 3)
Part 2: • Star Atlas (Part 2/3): The Multiverse | Al...
Convo with Michael Wagner, Co-founder & CEO @StarAtlasGame
hosted by Alvin Fan, CEO, of OP Investment Management @opim_hk
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In this episode of Alpha Uncovered, Alvin Fan, the CEO of OP Investment Management, interviews Michael Wagner, the founder of Star Atlas, a crypto-based game development studio. They discuss how Star Atlas survived the crypto winter of 2022-2023, when the studio faced many challenges such as the FTX collapse, the market downturn, the token price volatility, and the difficulty of raising capital. Wagner shares how he and his team managed to overcome these obstacles and continue building their vision of a AAA game and a gaming ecosystem powered by blockchain and NFTs. He also talks about the unique features of Star Atlas, such as DAO governance, IP ownership, revenue generation, and immersive gameplay. The interview is a candid and insightful conversation between two founders who share their passion for building, gaming, and innovation.
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0:00 - Intro
0:07 - A $15M Loss to FTX: Star Atlas Reels from the Collapse
07:08 - Cutting costs to survive - 20% layoffs, tightening belts in a downturn
11:35 - Building on-chain world- Sage's economy: crafting revenue on the blockchain
19:24 - Disclaimers
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Star Atlas
https://staratlas.com/
LinkedIn: / star-atlas
Twitter: / staratlas
Medium: / staratlasgame
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