@Pixels I keep thinking about something that happens inside the Pixels ecosystem that I haven't seen described properly anywhere.
When a player moves from Pixels to Pixel Dungeons to Sleepagotchi — they don't leave.
In most multi-game ecosystems that sentence wouldn't mean anything. You migrate between titles. Each one has its own economy. Your history in one game doesn't follow you into the next.
In the Pixels ecosystem something different happens. The staking decisions travel. The behavioral patterns the system has built around you travel. The reward eligibility travels. $PIXEL travels.
You move between games but you stay inside the same economic layer.
That changes what player retention means entirely. It's no longer about keeping someone inside one specific game long enough to justify the acquisition cost. It's about keeping someone inside the ecosystem across however many games they choose to explore.
Retention stops being a single game metric. It becomes an ecosystem metric.
Most game tokens are valued based on how well one game retains players. PIXEL might eventually be valued based on how well an entire ecosystem does.
That is a different calculation. And most people holding $PIXEL are not making it yet.