Bankless 96 - Web3 Gaming 101 | Amy Wu
Dec 13, 2021
Amy Wu, a Partner at Lightspeed Venture Partners specializing in crypto and gaming investments, dives into the world of crypto gaming. She explains why this space matters, covering everything from casual gaming to emerging titles like Axie Infinity. The discussion emphasizes the significance of gaming guilds, the concept of play-to-earn models, and the challenge of merging traditional gaming with decentralized tech. Wu also explores community engagement and the evolving player experience, shedding light on what makes this revolutionary landscape so intriguing.
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NFTs as a Gateway to Crypto
- NFTs are easier to explain than other crypto concepts like DeFi.
- Their inherent fun, aesthetic appeal, and sense of community membership make them more approachable.
EVE Online's Advanced Digital Economy
- EVE Online's established digital economies, with features like player-run banks and guilds with HR departments, demonstrate the long-standing gamer interest in virtual ownership.
- This sophistication makes some gamers skeptical of blockchain's added value in current crypto games.
Gamer Resistance to NFTs
- Gamers' resistance to NFTs stems from various factors, including negative associations with scams and environmental concerns.
- Additionally, some perceive early crypto games as prioritizing profit over gameplay and community, betraying gamers' core values.