Why New York City Might Be the Right Model for the Metaverse, Feat. Mathieu Nouzareth

The Breakdown

Blockworks

Investing, Business

4.8 • 806 Ratings

🗓️ 12 June 2022

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by Nexo.io, NEAR and FTX US. On today’s interview, NLW is joined by Mathieu Nouzareth, the CEO of The Sandbox. The Sandbox is one of the leading metaverse platforms today, with deep roots in gaming. In this conversation, they look at the state of metaverse build out, what Web 3 needs to work on building next and why cities are a model for how to design metaverses. Find our guest on Twitter: @mnouz - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC. - NEAR is a blockchain for a world reimagined. Through simple, secure, and scalable technology, NEAR empowers millions to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future. Find out more at NEAR.org. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. This episode is sponsored by Nexo.io, NEAR and FTX US. On today’s interview, NLW is joined by Mathieu Nouzareth, the CEO of The Sandbox. The Sandbox is one of the leading metaverse platforms today, with deep roots in gaming. In this conversation, they look at the state of metaverse build out, what Web 3 needs to work on building next and why cities are a model for how to design metaverses. Find our guest on Twitter: @mnouz - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC. - NEAR is a blockchain for a world reimagined. Through simple, secure, and scalable technology, NEAR empowers millions to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future. Find out more at NEAR.org. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Rob Mitchell/CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Rob Mitchell/CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Transcript

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0:00.0	Welcome back to The Breakdown with me, NLW.
0:09.1	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:15.0	The breakdown is sponsored by nexo.io, near an FTX, and produced and distributed by CoinDesk.
0:22.7	What's going on, guys? It is Sunday, June 12th, and today we continue our series of interviews
0:28.4	recorded during consensus. This was recorded at the CoinDesk podcast studio, which is presented
0:33.7	by Oak Network. A big thanks again to Oak for their support. Before we get into this
0:38.6	interview, however, if you are enjoying the breakdown, please go subscribe to it, give it a rating,
0:42.8	give it a review, or if you want to dive deeper into the conversation, come join us in the
0:47.1	breakers discord. You can find a link in the show notes or go to bit.ly slash breakdown pod.
0:52.6	Lastly, a disclosure as always. In addition to them being a sponsor of the show,
0:56.5	I also work with FTX. My guest today is Matthew Nozareth, the CEO of the sandbox, which is one of
1:03.0	the leading metaverse platforms today. Matthew is a serial entrepreneur with deep roots in the gaming
1:07.9	space, which colors his take on the Metaverse in some interesting ways.
1:11.8	We talked today about how the Metaverse does or doesn't align with the larger crypto market cycle,
1:16.4	what it needs to improve, and what the key catalyst for growth will be.
1:20.8	Without any further ado, let's dive in.
1:23.9	All right, Matthew, welcome to The Breakdown. How are you, sir?
1:27.5	Hey, hi, super happy to be here. Thank you for having me.
1:30.6	Yeah, thank you for taking some time out of what's, I'm sure, a busy consensus.
1:34.5	So I wanted to start with kind of just a little bit of history for people who are, you know,
1:38.3	maybe know the sandbox, but don't know kind of its origin story. It has kind of a long history. So I'd love if you could guide it. Give us a little bit of background and how it kind of transitioned into the form that it finds itself today.
1:48.0	Yeah, the sandbox is an overnight success that took actually 10 years in the making.
	...

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