The new normal in gaming

Analysis using the 10 pieces checklist to find out if the metamours play engine is a buy or not, we will go through due diligence and to my 10 steps research process to find out the pros and cons. And at the end, I would tell you if I vote engine and I'm under which preconditions, it would be a good buy. This is not financial advice. It's just research that I make public because I'm an educator. And I want to know these things because they are relevant. So let's go in there. Imagine you are a gamer playing here this game, and you win against your opponents and you can upgrade your weapons. And then you upgrade your home and you upgrade your castle. And then you go to the next game and you cannot take it with you now, more and more, we are getting really upset with creating things that we don't own.


And this central future that we are up to right now is really the solution to this. We don't need to accept any more things that we don't own. And that's why the blockchain games, which are part of the metaverse omnivorous play and have NFT solutions in there. And even smart contracts are really the solution to this problem. As a gamer, you are creating things. You are achieving things, you're creating things and more and more, you don't want to leave them to the company. You were playing on, you want to own these things, take them with you in the next game because it's your achievement. And so decentralized gaming is worth watching is something that might become the new normal in gaming, maybe in three years, five years, maybe 10 years. And there are technologies right now that I was looking at that are doing this right now.


So let's dive deep into them. And today we dive into this coin engine. Let's see what engine can do. There's one specific game that I was looking at, which is this one where you can have a grand theft auto in the blockchain version, where again, your achievements stay with you, your weapons, your skins, whatever you have create that you don't have to leave it there. It can come with you in the other worlds where wars will be like cities. You know, we can move to the next city. You take your stuff with you. So let's have a look at the engine with our pros and cons and let's run it through our 10 step checklist. When you do your due diligence, one place is the engine dot. I O NFTs. You can use it to grow or learn a trade. There is also a wallet that I've been testing today, eats it's working well.


It integrates many different functionalities. And I think this is what we're looking for here on this surface. Many NFTs right now is very hot will not be around in five years. So what I do with you here is I research what's below them. What is the infrastructure needed? Because the infrastructure will be around us in five years. But if you look back in 2014, the top crypto names they're not even here anymore. And most of you watching right now, you don't even know these names anymore. So let's try to find out what will be around those in five years. And the way we do it here on the channel is to move them through our 10 pieces checklist. And the first question that we always ask is, does it solve a real problem? So in this case, the problem it solves is the omniverse that you cannot take your stuff with you, you create something, but you don't own it.

Taking risk in gaming

So it's a green omnivorous problem. And omnivorous, if you're wondering what, what only wears means it's metaverse, but Metta in, in Greek means above something. And so I think it's misleading. I called it omnivorous because Albany is everything and it's right here. So from here, you will be connected to everything, to object, to people, to events, to assets, without leaving the place. Everything is connected here. That's why I prefer to put up numbers. I think it's clear then, is it decentralized or not also got a green? Because the ecosystem is big. There are many, many, many gamers or developers or holders, and the gamers really am pregnant. 20 million users. That's a lot of gamers and there are around since 2020. So it's also a little bit the risk, which we like. We don't go for the very risky thing. We want to find them, the risk opportunities where the reward is very high, but also the risk is as low as possible network effects.


Yes, it's a two-sided market. It's the first-ever multi-chain on polka dot. They started as an Ethereum block-based solution here as an asset-backed. So if you remember the asset classes, what's the asset class, we're talking about this and asset-backed coin a token. And it's two coins, which is a little bit confusing when you find this for the first time, because there is governance token, which is called E F I, and there is the staking token called engine. We're talking engineering G and M. So I find that a little bit surprising why they don't just build on the current token. And then I had to dig deeper. They started building on if theory and as you know, if theory is not scalable because it's very expensive. So imagine the gamer here is playing and they operate there's word, and there's word is worth $17, but to bring it to the next universe, the next city, the next game you have to pay.


And if theory on gas fee of 80 bucks, nobody would want to do that. And so they had two options. They can wait until their own blockchain starts improving and optimizing, which is a theory, but the theory is taking a long time as most of you know. And so they said, let's not wait for Ethereum. Let's move to on the polka dots chain that has interoperability already. And let's build a governance asset, which is built on polka dot. And now right now, EFI, Infinity's the first ever multi-channel token on polka dots. There was an interesting crowd loan going on right now. And yeah, it's part of the par chain opportunity per chain really means interoperable multi chain capability, which is the future because in the future, people will not want to think about all the way, need any theory and wallet or a Phantom wallet or a Solana wallet.


They just want to use things. And all of this complexity will be in the background and not on the user interface, not on the surface surface of things. Of course it's not yet. Well-Designed, it's a massive industry. Don't forget that the crypto industry, as a whole is a nasty industry. Everything evolves in waves. We are the very, very beginning of this huge wave. That's why things are not mature yet and not properly designed and not probably working as they should accept. The only mathematically perfectly engineered Bitcoin, which is the only thing which is right now working as it should. It's the perfect reserve asset, the perfect store of value. And that's what it's built for. But the rest of the things like blockchains that should be interoperable should have smart contracts on if the whole device pays and the more omnivorous space, they are really, really test St at the beginning of the innovation wave of the technological innovation.


So competition risk, the competition risk is really high. Because many games right now are starting to have the NFT built in, in them and still they can compete in terms of competition risk and mode. And defendability because they just started 1 million metaverse fund in March, 2021, which is attracting a lot of developers and users inflation. So that's yellow. Inflation risk is fine. The max supply is 1 billion and they have 83% of it in circulation. We like to see that we want deflationary tokens green. The asset class is an asset backed class. How much regulatory risk is there a lot? That's why it's yellow, or there is some confusion of having two coins. Why was yellow velocity growth in direction really well, they started 2020. There is some validation. They called the series a, they have animal car brands and crystal comas and invest, or that looks fine.


The team, I don't know if the team ever delivered anything before I went to their LinkedIn by yours, I couldn't find anything that tells me these guys are able to deliver it. So it became, it was tending towards a rat, but then I found the collaboration with the U N and that might be just that's my personal bias, but they have a strong pull towards NFC for food, and they have a corporation with the UN global impact. And so that move it's for me from, from red to yellow. But if you are not so much into changing the world for a better place than this might be a red for you community yeah. Community 20 million users. And let's go back to this because changing the word or not now many of us here discuss crypto as a pure web creation assets, which is definitely, is there many asset classes in here that are just great for wealth creation, but we can do wealth creation in multiple ways.

Improving the community

We talk here about earning systems, savings system, investment systems. There are so many ways we can do money. It's really important to me and sort of people I work with that we create wealth that is healthy and, and the, and the central and distributed for everyone. It's not just about getting rich. It's about creating wealth for the majority and creating wealth in a way that is equitable and distributed as much as possible. Why? Because it's easy for us to, to pick the projects that are improving the world to be a better place. It's not hard to do. And you can still find your 10 X and a hundred X possibilities there. It's not either, or we can move on. We can create wealth and improve the world. So when I see that I prioritize that community with 20 million users, strong community, really strong.


We go through the technical analysis. So let's see what's, what's it doing? So they it's both to trade view. And right now let's look at the week. And at the, the, if we look at the week, engine is at the top of its volunteer band, which is usually where you're not want to buy. The RSI is 69 at 71 to sell in crypto and below 30. You want to buy, if you're looking from a trading perspective, we are a year, our investors, we are not traders. So we don't look so much of daily and weekly activity except for one thing for the entry point when is the best moment to enter and when is the best moment to exit, but we don't change this on a daily basis. The decision is, is this valuable enough and solid enough? And self-healing enough. We be around here short-term, which is 12 months and longterm, which is so with an aerosol of 70, I wouldn't buy here.


And let's look at the day, how is the day going? They looks a bit better. It's around fair value here in the airside, 60 as cooled down a little bit. And as you can see with the price of 3.3, $8 today, it's moving towards cooling down to its fair value line and moving average. And one thing that we can see and that I'm observing many times is when the Ballinger bands contract. This is interesting to watch because in a bull market and we are right now in a bull market, remember the wave theory, everything develops as a wave, also in the markets. And so in the wave theory, when you're in a bull market and the volunteer bank contracts, many, many times you will see a spike upwards after it this it's different than in a bear market. But right now this one is a, it's not an entry point.


If you own engine, it's late for that. But if you don't own engine F you, and if you are constructing a portfolio that needs some metaverse play because in the next bear market, when Bitcoin will go down, all coins will go down and there are a few things that will stay up and go up during that. And the engine might be one of these things I've observed over the last week, that when weak point, when Bitcoin goes down, there are four things that go up and engine was one of them in my portfolio. Now I have only observed that over two weeks. So it's not a scientific enough, but for me, it gave me confidence to increase my back. And this is when I share with you that I have been adding engine to my bag. I had the engine already in my back, and I have been adding engine at 3.1 again.


Now let's go to back to our analysis, technical analysis right now, a bit overheated. So don't go in if you don't have if you have an engine already, this is not the moment to buy. If you don't have any in our thinking about the metaverse. Now you have many, many immoral informations to make an informed decision. What about the price predictions I've been collecting all the price predictions I find I did find five crypto analyst houses. And when there's a crypto analyst, I have to laugh because they, they have no idea also, but of course they do their work and collect the numbers that they have. And so these analysts aggregate that, say that 20, 21, they expect the price around $4. Now we are at 3.3 and it's November. Then 20, 22, they expect five and 20, 25. They expect it to be at around 14 and then 2030, but I don't take 20, 30 really seriously analysts seat at 72. It's now at 3.3, you'll do your own research. You do your due diligence. You go into their communities, discord, telegram, et cetera. See how the atmosphere is. Check back the, the team and do your due diligence and create your portfolio accordingly. Hope that helps. And let me know what else do you need? Analyze them. Happy to do it. Keep rolling.