ATMTA Inc used a real-world business cycle model to assess the financial success of the game metaverse in the first quarter of 2023.
Star Atlas’ economy went through 3 business cycles in a year
Solana’s AAA RPG, Star Atlas, has released its economic report for the first quarter of 2023. ATMTA Inc., the game’s primary developer, employed a real-world business cycle model to analyze the economic success of the game metaverse.
By applying the method of McCracken and Ng (2015) and various variables such as Atlas wages, net investment, labor force, and ATLAS vs. US dollar comparison, the team finds the three perfect 2022 Star Atlas domestic economies. We were able to identify a clear business cycle. The blue shading in the chart below represents three periods of recession. According to the team, this has allowed them to define key indicators for data runners and macro researchers, creating a panel dataset comparable to that maintained by the OECD and IMF.
The report also includes detailed explanations and calculations, allowing the community to see how the Metaverse economy works similarly to real-world economies.
There are also some highlights from different sectors of Star Atlas’ economy. In Q1 2023, his ATLAS wage due to in-game activity increased slightly (1.02%). According to the team, this growth was driven by his rising average wage per ship (+6.70%), falling employment rate (-5%), and a relatively constant workforce size (-0.7%) rice field. Increases in ship average wages added in December accounted for about half of the increase in ATLAS revenues. Labor force increased the most in his January, but then declined in February, offsetting all increases. Luxury ships such as Commander (+3.8%), Large (+3.2%), Capital (+1.9%) and Medium (+1.3%) showed the highest labor force growth in the first quarter.
The FTX meltdown nearly destroyed Star Atlas operations towards the end of 2022, but the community could develop a two-phase recovery plan, dubbed the Golden Era Start Sequence, to extend the project’s runway. I made it. Today, the gaming metaverse survives thanks to the community. Star Atlas has released an exciting sneak peek of his new in-game development for 2023.
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