Reddit co-founder made predictions on Crypto Games and more.
In a recent talk with media, Reddit co-founder Alexis Ohanian said that the future of video games will only revolve around the play-to-earn model. He believes that the play-to-earn crypto games phenomenon will be the new norm for gamers in the next five years.
Crypto Games, the future?
“90% of people will not play a game unless they are being properly valued for that time,” shared his thoughts in the latest episode of the “Where it happens” podcast.
He further added, “In five years, you will actually value your time properly,” he said. “And instead of being harvested for advertisements, or being fleeced for dollars to buy stupid hammers you don’t actually own, you will be playing some on-chain equivalent game that will be just as fun, but you’ll actually earn value and you will be the harvester.”
Play-to-earn games are the new phenomenon in which gamers play to earn real money. P2E games have become massively popular during the years 2020 and 2021. Games like Axie Infinity and the Sandbox use cryptocurrencies as in-game currency which lets gamers engage in transactions and make real money.
Popular video game companies are embracing blockchain technology and launching crypto game projects. The response from gamers is also overwhelming and many are flocking to P2E games to make money while doing what they love, that is playing games.
Ohanian also shared two more predictions, one he believes that people majority of the people will participate in DAO in the next five years. A Decentralized Autonomous Organization is a phenomenon where people join hands for a common goal.
“They won’t know it necessarily. I don’t think that branding is whack,” he said. “But they won’t care, user experience triumphs over everything. So yeah, I think it will be pretty commonplace. Maybe not everyone, but like for all intents and purposes, it’ll be a pretty normal thing.”
Gaming News Of Video Game Consultant;
Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s) , Play to Earn (P2E/Play-to-Earn), crypto games and crypto currencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain based video games and its transactions and payments in the games.
Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studio’s that lead the way. Mobile games, PC games and Console Games and their vision on cloud gaming, streaming, esports and gamer communities. Online digital entertainment like movies, music, concerts, art and top brands such as fashion and much more that connect with video games in the metaverse.
If you want to stay up-to-date of my daily game news, then follow me on Google News.