Why launch MatchNova during a bear market?

Starting a project in a bear market is no easy task. Startups itself face a ton of hurdles already, but with the lack of confidence market wide, the headwind will be especially strong. However, the team at MatchNova sees opportunities to be had in a bear market, particularly in the Web3 GameFi arena.

1. True builders stand out: endless projects blossom in a bull market. This can create intense competition and make it more difficult for one project to stand out and succeed. As famous American poet Robert Frost once said “Two roads diverged in a wood and I took the one less traveled by, and that has made all the difference.” Here at MatchNova we share this vision. We have the utmost faith in our product and our team to weather the storm and come out ahead.

2. Belief in GameFi potential: according to CoinMarketCap, the amount of funds raised by projects related to the Metaverse and gaming saw a significant increase from $874 million in 2021 to $2.4 billion in 2022 led by VC’s such as Sony and Sandbox. MatchNova also successfully raised funds from several tier-1 Venture Capitals. Product wise, Match3 games have a great track record in the Web2 space. The game has been around for over 10 years, appeals to all ages, and generates significant revenue across the globe. Additionally, bear markets actually allow a patient team to gradually polish the game at a reasonable pace instead of a frenzied one. We are devoted and are confident of our chances despite the market conditions.

3. Bear market is cyclical: by history, it is NOT permanent. During a downturn, by being resilient and keeping a long-term perspective, projects that are able to weather the storm may be well positioned to take advantage of the eventual recovery. During this time, it is easier for us to acquire true users as opposed to speculators during a wild bull market. With that said, we would like to reward our earliest supporters with a chance to win free cash prizes and be the first to test out our game. This promotion, named CashNova, will distribute $10,000 BUSD to alpha stage game testers. Stay tuned for more details by following our Twitter.

About MatchNova

Website: MatchNova.com

Discord: https://discord.gg/MatchNova, join to get Whitelist and NFT airdrop!

Twitter: twitter.com/MatchNovaGlobal

Mirror: mirror.xyz/matchnova.eth