Siu pointed out that the blockchain model is interesting in comparison to free-to-play, where a small number of players account for a large portion of the revenue.
Siu stated, "Tokenization makes it possible to measure the value of the network effect that the free people play, and then whether they choose to cash out or reinvest in new equity or assets."
He also mentioned that Web3's decentralization means that the big platform companies get less of the profits.That money does not go back into developing better games for players or into game developers.If you simply give the user acquisition money to the gamer rather than taking it, the gamer will likely return it to the game economy.It is a wealth redistribution.
He stated, "Even if they only put in 10% or 20% back, it is still higher than what they would do otherwise."It is a significantly improved ecosystem.Actually, it's a shift in incentives.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!