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Bankless

107 - What's Real About Crypto Gaming | Ryan Wyatt

Bankless

Bankless

Technology, News, Tech News

4.71.2K Ratings

🗓️ 28 February 2022

⏱️ 84 minutes

🧾️ Download transcript

Summary

Ryan Wyatt is the CEO of Polygon Studios and former Head of Gaming at Youtube. Ryan is always on the frontier of gaming, having stewarded a new generation of content creators. He's now shifting his focus to Web3, where the next wave of innovation is set to happen.

Ryan presents a number of fascinating takes, including his feelings on Anti-NFT sentiment, the future of games, and the growing influence of gaming content.

By building out the Polygon Metaverse, Ryan is colliding games and economies. In this episode, he shares what he's learned — what's real about crypto, and what's not.

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Topics Covered:

0:00 Intro
5:00 Ryan Wyatt
8:50 Creator Economy Background
12:07 Transitioning to Web3
18:58 Crypto Improves Games
24:51 Whales & Blockchains
31:17 NFT Maxis vs Antti-NFT Maxis
36:08 Why Gamers Hate NFTs
40:05 Will Everything Be Crypto?
49:10 How We Change Minds
54:30 How Web2 Sees Web3
1:01:46 Colliding Games & Economies
1:05:56 What’s Wrong with Gaming
1:09:00 Money, Yield, and Content
1:17:01 In-Game Assets, Real World Value
1:24:45 The Bull Case for Polygon
1:27:48 Closing & Disclaimers

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Resources:

Ryan Wyatt on Twitter:
https://twitter.com/Fwiz?s=20&t=TWOdkCxUzoJ-e3DlN9uT_g 

Polygon Studios:
https://twitter.com/polygonstudios?s=20&t=TWOdkCxUzoJ-e3DlN9uT_g 

Crypto Unicorns:
https://www.cryptounicorns.fun/ 

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Related Episodes:

The Crypto Gaming Revolution | Arianna Simpson
https://shows.banklesshq.com/p/the-crypto-gaming-revolution 

Web3 Gaming 101 | Amy Wu
https://shows.banklesshq.com/p/-96-web3-gaming-101-amy-wu 

Crypto Gaming Panel | Loot Squad, Yield Guild, Illuvium
https://shows.banklesshq.com/p/crypto-gaming-panel-loot-squad-yield 

The Dawn of Crypto Gaming | Robbie Ferguson
https://shows.banklesshq.com/p/-the-dawn-of-crypto-gaming-robbie 

The Emergent Metaverse | Sam Englebardt & Richard Kim
https://shows.banklesshq.com/p/-102-the-emergent-metaverse-sam-englebardt?utm_source=url 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Bankless, where we explore the frontier of internet money and internet finance.

0:11.8

This is how to get started, how to get better, and how to front run the opportunity.

0:15.7

This is Ryan Sean Adams.

0:16.7

I'm here with David Hoffman, and we're here to help you become more bankless, great episode

0:22.4

on crypto gaming today.

0:24.2

What's real about crypto gaming and what's not?

0:27.7

We have an ex-youtube executive who's joining us.

0:30.5

This is the guy that's responsible for some of YouTube's biggest gaming partnerships.

0:35.0

Over the last eight years, Ryan Wyatt, we talk about six things you'll want to listen

0:40.2

for.

0:41.2

Number one, why there's a brain drain from Web 2 to Web 3 and how that's impacting gaming

0:46.0

as well.

0:47.0

Number two, why crypto gaming is for whales right now and why that's okay.

0:51.6

Number three, why the NFT haters actually have a point?

0:55.4

Number four, what the big game studios are doing today in crypto.

0:59.1

Number five, how a new generation of content creators are about to propagate crypto games.

1:04.7

Number six, how gaming solves crypto's PR issues.

1:09.0

David, this is a great episode.

1:10.7

Look, three billion gamers in the world.

1:12.8

This is crypto's next marketplace.

1:15.5

Crypto games in real life or gaming in real life are becoming like one in the same thing.

1:20.0

Both of these things are sort of fusing together, and this was a great episode.

...

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