This is an open letter to all of the Gamestarter community:

Most, if not all of you will have noticed that within the past months the crypto market has experienced severe downtrends that have seen some giants in the industry crumble.

The ripple effect has caught many big names in the cryptosphere unaware, resulting in the downsizing of huge companies such as Coinbase, Bybit, Huobi, Gemini, and Crypto.com.

While the latest crypto winter has affected us too, contrary to most names in the blockchain industry, we had planned in advance in order to successfully face the bear market, and we’re happy to say that we’re constantly increasing the size of the Gamestarter family with new expertise.

As a GameFi launchpad, we acknowledge the fact that staking our $GAME token has created massive returns to those who believed in our vision from the very beginning, but also that the ROI must fluctuate to reflect the macro-economic status of the larger markets.

During the bull market, our stakers have accumulated total rewards which stand at around 1.5 million $GAME, but in the current market, maintaining the same rewards conditions would be untenable.

That is why we have always used a dynamic APR that would significantly reward $GAME staking in bull markets, and would adjust accordingly during times like these:

Many things will remain exactly the same, though, and our liquidity pool staking will not change, and still provide a yield rate as high as 32%, while all accumulated $GAME rewards will remain unaltered, ready to be sold or re-staked according to our new staking plan.

Within bear markets, staking often becomes less about the APR and more about believing in the future of the token and the company behind it, and in this respect, we are more optimistic than ever.

Our current in-house Originals projects are going ahead full-steam, and we are happy to say that we are hiring more staff to meet the increased demand for collaborations with external projects.

And from the Gamestarter perspective, we will still be working hard on:

1. Multichain marketplace.
2. PFP NFT collection.
3. Metaverse and Gamestarter Guild.
4. New and exciting high-quality incubations.

The Multichain Marketplace will be ready by Q3 of 2022, while the Guild and Metaverse, along with our PFP Collection, will be available to all of you during the last quarter of this year.

Due to the upcoming changes that will increase the utility and number of use cases of $GAME, we feel that the adjusted staking reward APY better reflects the real value of the revamped $GAME token.

For as long as cryptos have existed, the markets have always bounced back to greater highs, and, while we are certainly at a challenging point of the larger crypto ecosystem, we are ready to prevail through this winter, and soar even higher in the next bull run!

All of us here at Gamestarter are using these market conditions to build an extensive, well-planned ecosystem, and in the meantime we will be delivering the high-quality IGOs & INOs experiences you have learned to expect from us.