Hi Merit Circle Community,
This is the Spartan Group team. While we recognise that there is potential upside in this deal, we share some of the concerns outlined by other community members.
We agree that South Asia is an untapped market in the P2E and crypto gaming ecosystem, and we agree with David’s claim that there is huge potential in developing games for this market. Thus, we believe that if the games being developed are successful, the upside from access to tokens may adequately cover the risk of owning equity. We also like that TKXEL has already developed mobile games with 500mn+ downloads.
We do agree with Maven 11’s suggestion that the team share some more in-depth and formalised information on the Rain Protocol and RainVM specifically.