Monotize the Status Layer

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Games have become kind of the centr of culture in a lot of ways. The dominant model now is the legal legend's fortnight model, where you get the game for free. They still make a ton of money, but they do it by monetizing a different layer of the stack. Ot monotize the status layer, the nft layer, the virtual good layer.

Chris Dixon leads crypto investing at the storied Silicon Valley venture capital firm Andreessen Horowitz, or a16z. He’s responsible for leading funding rounds for Coinbase, which went public about a year ago, the NFT marketplace OpenSea, and Yuga Labs, which is behind the Bored Ape Yacht Club among others. He is also a prolific user of Twitter, where he posts lengthy threads about crypto and web3. He is at once one of the biggest investors in the space, and its biggest booster.

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https://www.theverge.com/e/22784768

Credits:

Decoder is a production of The Verge, and part of the Vox Media Podcast Network.

Today’s episode was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright.

The Decoder music is by Breakmaster Cylinder. Our Sr Audio Director is Andrew Marino and our Executive Producer is Eleanor Donovan.