Jihoz, co-founder of Axie Infinity, discusses the lack of 1000x crypto games this cycle, exciting gaming projects, GameFi on Solana vs. Ethereum, play-to-earn models, Ethereum L2s, memecoins vs. gaming projects, and more in a deep dive into the world of crypto gaming.
Identifying emerging trends is crucial for success in crypto gaming cycles.
Integrating play-to-earn models with tokenomics enhances gaming ecosystems.
Speedy iteration and community collaboration are key factors for game development success in Web3.
Deep dives
The Opportunity in Crypto Gaming Trends and Narratives
Despite recent market fluctuations, the podcast episode delves into the potential opportunities in the crypto gaming sector. Highlighting the significance of identifying emerging trends and narratives, the discussion emphasizes the current market landscape post-Bitcoin halving. With a focus on uncovering the next big 1000X play, insights from co-founder Jihos shed light on Axie Infinity's success and the evolving dynamics of crypto gaming cycles.
Exploring the Principles of Play-to-Earn in Crypto Gaming
In a deep dive into the play-to-earn model, the conversation navigates the evolution of crypto gaming from an economic perspective. Drawing parallels with traditional gaming models, the podcast underscores the essence of aligning incentives with tokens and engaging players in economic opportunities within the game environment. Insights from Axie Infinity's journey shed light on the integration of play-to-earn strategies and the pivotal role of tokenomics in sustaining gaming ecosystems.
Balancing Sustainability and Innovation in Web3 Gaming Economies
The episode raises critical questions around sustainability and innovation within web3 gaming economies. By exploring the delicate balance between addictive gameplay mechanics and economic stability, the podcast discusses the cyclical nature of crypto gaming markets akin to real-world economies. Insights on community-centric game development and experiments with NFT integration into existing IPs hint at potential pathways for long-term success in the evolving landscape of web3 gaming.
The Importance of Speed and Iteration in Game Development
The podcast delves into the significance of speed and iteration in game development. It emphasizes that focusing on craftsmanship and experimentation simultaneously in game creation is challenging. The speaker highlights the value of rapid iteration and experimentation, suggesting that long development cycles for AAA games may not align with market demands for quicker releases to stay competitive.
Ronin's Approach and Potential as an Ethereum Sidechain
The discussion shifts to Ronin's approach as an Ethereum sidechain and its potential impact. The emphasis is on building a strong community as the distribution mechanism in Web3. Ronin's curated and hands-on approach to game development sets it apart, attracting collaboration with teams that prioritize distribution and community engagement. The podcast underscores Ronin's strategic integration with games, recognizing the importance of a solid community foundation for game success and development in the Web3 ecosystem.
Jihoz is a co-founder of Axie Infinity, which was one of the biggest crypto gaming projects ever that produced a 1,600x return last cycle. In this discussion we talk about why there hasn't been another 1000x crypto game this cycle, most exciting gaming projects right now, is gamefi happening on Solana or Ethereum, play-to-earn, new trends, Ethereum L2s, memecoins vs gaming projects, and more.
Thank you for tuning in. If you can spare 5 seconds to leave a review/rating on iTunes, I appreciate it. If you share the show on Twitter I'll reply everytime! 🔥
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
