Benchmark’s Mitch Lasky and Blake Robbins on The Art of Business in Gaming
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Leveraging Peer-to-Peer Economy
Utilizing a peer-to-peer economy can lead to increasing the size of the 'pie,' encouraging trading at a higher volume, and reducing transaction costs. Platforms like Roblox demonstrate the success of this model, showcasing a robust economy despite not being Web3. In fact, Roblox's peer-to-peer system makes it one of the most successful 'Web3' applications. Developers in Roblox can earn significantly, albeit facing a high tax rate close to 60% on their earnings.
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