96 - Web3 Gaming 101 | Amy Wu
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 13 December 2021
⏱️ 90 minutes
🧾️ Download transcript
Summary
What is Crypto Gaming? Why is it important? What about Gaming NFTs? This is what we explore in this episode with Amy Wu, partner at Lightspeed Venture Partners. This is Crypto Gaming 101.
The Web3 Gaming space is emerging from all sorts of angles, from normies to hardcore gamers to crypto natives—and each has a role to play as the ecosystem matures.
Here are the 5 questions to answer in this episode:
1. What is Crypto Gaming and why is it important? What about casual & mobile gaming?
2. How do you identify the next Axie Infinity?
3. Why are Guilds important? Are they a good investment?
4. How do you earn in Crypto Gaming?
5. Where does meaning, value, and identity come into play? What about fun?
With the Crypto Gaming Revolution well under way, Amy walks us through the fundamentals of the space and how to approach the future.
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Topics Covered:
0:00 Intro
3:15 The Conference Experience
6:44 TradArt and NFTs
10:11 Metaverso
13:14 Crypto IRL
16:20 The Panel
19:40 FreeRoss DAO
21:38 The Panelists
24:28 The Potential of NFTs
29:00 More than Fractionalizing
33:45 Liquidity
39:33 Pricing Assets
46:50 Community
54:34 Regulatory Issues
1:00:22 Use Cases
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Resources:
Amy on Twitter
https://twitter.com/amytongwu?s=20
Lightspeed Venture Partners
https://twitter.com/lightspeedvp?s=20
The Crypto Gaming Revolution
https://shows.banklesshq.com/p/the-crypto-gaming-revolution
The Rise of Axie
https://shows.banklesshq.com/p/the-rise-of-axie-infinity-jeff-jiho
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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
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| 0:00.0 | Welcome to Bankless where we explore the frontier of internet money and internet finance. |
| 0:12.1 | This is how to get started, how to get better, how to front run the opportunity. |
| 0:16.1 | I'm Ryan Sean Adams, I'm here with David Hoffman and we're here to help you become more |
| 0:21.4 | bankless. |
| 0:22.4 | Guys, super exciting episode of Amy Wu. |
| 0:24.8 | This is crypto gaming 101. |
| 0:26.8 | This is like your intro to crypto gaming. |
| 0:29.1 | How to invest in crypto gaming, how to find the next Axi, Web 3 gaming, NFTs, all of |
| 0:34.0 | these things. |
| 0:35.0 | We go over a few things. |
| 0:36.0 | There's five things I want you to look out for. |
| 0:37.9 | The first is what crypto gaming is and why it's a big deal. |
| 0:42.8 | Then why a casual crypto game, something on mobile might be the next thing. |
| 0:46.7 | We also get into how to identify the next Axi infinity, why guilds are a good investment, |
| 0:52.8 | how to earn from games and not just invest in them. |
| 0:55.6 | Finally, we talk about the importance of meaning, value, and identity in crypto gaming. |
| 1:00.8 | Amy calls this fun, it's fulfillment. |
| 1:03.5 | That's what sustains crypto games. |
| 1:05.1 | David, fantastic conversation, man. |
| 1:07.0 | What are some of your takeaways? |
| 1:08.0 | Yeah, I really liked the meaning and purpose conversation because Amy had a lot of thoughts |
| 1:11.9 | about that and really at the end of the day, all humans just want that. |
... |
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