m3taOnchain
Words matter. “The limits of my language means the limits of my world,” Ludwig Wittgenstein famously wrote. This is one of the reasons why I welcome the recent discussion about words to describe end-user use cases and technological developments in the crypto community. Crypto – do we still use that word? (Yes.) https://twitter.com/jessepollak/status/1764742947218858477 Base has recently started using ‘onchain‘ to describe many of the phenomena previously associated with the term 'web3&ap...
m3taConsumer Product Moment
One reason centralized exchanges have flourished is because of the high access barriers today's self-custodial solutions, wallets and hardware security devices, still have. We have seen where this approach has led us. Self-custody software interfaces are still rudimentary, can be confusing and current hardware security devices are clunky, look like USB sticks (which can distort the perception and make it look like the owned assets are actually stored on the device, like a hard drive) and...
m3taThoughts on Wolf Game
Recently, Wolf Game launched their second mini-game (or pre-game): Cave Game. This is their first 3rd-person-view game, after the previous mini-game Alpha Game was interface-only, where users could stake their NFT assets in one of several Wolf Packs to compete for $WOOL — the game's native currency, which can then can be used to buy digital objects within the game’s internal economy in the yet-to-be released full game. Risk-based NFT Games Wolf Game was a pioneer in combining NFT and DeF...
m3taOnchain
Words matter. “The limits of my language means the limits of my world,” Ludwig Wittgenstein famously wrote. This is one of the reasons why I welcome the recent discussion about words to describe end-user use cases and technological developments in the crypto community. Crypto – do we still use that word? (Yes.) https://twitter.com/jessepollak/status/1764742947218858477 Base has recently started using ‘onchain‘ to describe many of the phenomena previously associated with the term 'web3&ap...
m3taConsumer Product Moment
One reason centralized exchanges have flourished is because of the high access barriers today's self-custodial solutions, wallets and hardware security devices, still have. We have seen where this approach has led us. Self-custody software interfaces are still rudimentary, can be confusing and current hardware security devices are clunky, look like USB sticks (which can distort the perception and make it look like the owned assets are actually stored on the device, like a hard drive) and...
m3taThoughts on Wolf Game
Recently, Wolf Game launched their second mini-game (or pre-game): Cave Game. This is their first 3rd-person-view game, after the previous mini-game Alpha Game was interface-only, where users could stake their NFT assets in one of several Wolf Packs to compete for $WOOL — the game's native currency, which can then can be used to buy digital objects within the game’s internal economy in the yet-to-be released full game. Risk-based NFT Games Wolf Game was a pioneer in combining NFT and DeF...
Subscribe to m3ta
Subscribe to m3ta
<100 subscribers
<100 subscribers
Share Dialog
Share Dialog
1/4 of gamers buy in-game virtual items & spend an average of ~170$ each year (may differ in different studies). How much of that goes back to the gaming community? 0% (Roblox is an exception). Vs. the gaming company? 100%.
It just makes sense from a user's perspective that in the future those games which
incentivize usage/activity through tokens, i.e. play-to-earn,
offer the possibility to really own/sell/export the virtual items (through NFTs) and
offer a marketplace where users get a cut when they resell their items
will have an advantage.
1/4 of gamers buy in-game virtual items & spend an average of ~170$ each year (may differ in different studies). How much of that goes back to the gaming community? 0% (Roblox is an exception). Vs. the gaming company? 100%.
It just makes sense from a user's perspective that in the future those games which
incentivize usage/activity through tokens, i.e. play-to-earn,
offer the possibility to really own/sell/export the virtual items (through NFTs) and
offer a marketplace where users get a cut when they resell their items
will have an advantage.
No activity yet