The Future of Web3 Gaming

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The current most popular free to play business model of gaming, what new things does blockchain unlock? The good news is not that much, right? I think the best of them adhere very closely to the conventional models. And they use the crypto component really almost to maybe improve or enhance an elder game. So for example, if you're kind of bored with just grinding on the underlying free to play progression mechanic, there's another severe where you could play,. Where you could take your character minted as an NFT. It gives you certain benefits in the underlying game, but it kind of gives you status.

We sit down Benchmark’s legendary gaming investors Mitch Lasky and Blake Robbins (now also of the excellent Gamecraft podcast fame) to discuss the history and future of gaming business models. This episode is the perfect bookend to our Nintendo/Sega gaming series this season on Acquired — no one is more qualified than Mitch and Blake to breakdown how the business side of the industry has evolved so radically from the Periscope quarter-drop days to the forever games and platform based publishers of today.

Regardless if you’re a gamer, understanding the incredible innovation that’s taken place over the past two decades in gaming and what it portends for other industries is critical for any founder and investor to understand. Tune in!

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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.