📅Apr 2023 Report
We are changing the way crypto gaming operates. We have full transparency with our community around the roadmap for the game and the underlying treasury.We are a proudly Sydney based team. This means we pay Australian taxes and must always liquidate and reserve at least 30% for corporate taxes🇦🇺The following is used for educational purposes only and is no indication for accounting, valuations and/or taxation purposes. The numbers below reflect rough estimates or reflections of on-chain activity and are prone to mistakes
Values are in $USD As of writing, 1 MATIC = $1.01 USD
April Goals
Preparation for the new Dawn Breaker Season
Introduction of the first Seasonal Banner - Dawn Breaker Season Banner. The Banner is the first in-game purchase which grants the player exclusive content and discounts during the season.
Introduction of the Sunflower Land Referral Program for player acquisition.
Easter Island special event
Introduction of Guest mode which allows players to trial Sunflower Land without a wallet set-up
Major improvements to onboarding process including new tutorial.
New Town Center building to make "chores" and news more accessible to players
Introduction of new Discord streams including the "Let's Grow Sunflower Land" show and a community chat during non-Australian hours, to help gather feedback and improvements.
New competitions and giveaways including the Sunflower Land Referral Competition and the #OnlyFarms Competition
Introduction of Design mode which allows players to landscape their farm and move buildings and nodes.
April Net Revenue
In April 2023, Thought Farm accumulated roughly $ 70,600 USD net revenue. To account for income tax easier, all revenue streams were converted into FIAT on a 2-3 day basis.
April Expenses
We successfully achieved startup credits for our infrastructure services which cuts down the technical expenses significantly. In April 2023, expenses accumulated roughly $ 60,100 USD expenses:
Technical infrastructure + services - $4.2K USD
Legal & Accounting - $1K USD
Salaries - $46.1K USD
Jigger - $1K USD
Contractors - $7.8K USD (PR, Communications, Art Design, Support Team)
Travel - $0.5k (including offset from EMDG)
Sunflower Land Treasury
Sunflower Land has sufficient capital and runway to fund our future business plans.
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