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RE: LeoThread 2024-11-14 11:34

in LeoFinance11 days ago

Part 2/4:

Kicks delves into how blockchain can solve issues around transparency, scarcity, and ownership in gaming economies. He cites examples like Counter-Strike GO, where the secondary market for in-game items reaches billions in volume, yet remains largely uncontrolled by game developers. Blockchain-based solutions can unlock new revenue streams for game studios while empowering players to truly own their digital assets.

The Winter of Gaming and Metaverse Narratives

However, the conversation then explores the disillusionment that set in around 2021-2022, as overhyped metaverse land sales and underperforming play-to-earn games like Axie Infinity led to a "winter" for gaming and metaverse narratives. Kicks acknowledges the experimental nature of this space, where failures are part of the journey towards more polished, successful implementations.

The Rise of Off the Grid: A Blockchain-Powered Battle Royale

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