Co-founder of Reddit Shares Insights on the Future of GameFi
Reddit, a widely popular social media platform akin to Facebook, allows users to share content and news with friends and followers. While it is well-received internationally, it is still relatively less known in Vietnam.
Co-founder Reddit's Perspective on Play-to-Earn Games
Alexis Ohanian, one of Reddit's co-founders, believes that the play-to-earn culture will set the standard for gamers in the next five years. Speaking on the podcast "Where It's At," Ohanian remarked, "90% of people won't play a game unless they're properly incentivized at the time."
Ohanian, who also leads Seven Seven Six, a venture capital firm, added, "In the next five years, you'll really see our assessment come true from this point forward."
Instead of spending money on items in traditional games that you don't truly own, here you play games that are equivalent in value to the amount of money you've invested. You can actually earn money while playing these games.
Another belief that Ohanian expressed to participants in decentralized autonomous organizations (DAOs) is that these non-governmental organizations will not be interfered with by state authorities, making them more attractive due to this decentralized experience.
Although no one can be certain that Ohanian's predictions are entirely accurate, past records show that play-to-earn games have seen a significant surge in popularity, particularly in 2021.
Blockchain Gaming Industry on the Rise
This year, gamers have been enthusiastic about games that can help them earn additional income, leading to substantial profits for games like The Sandbox and Axie Infinity, and attracting a large number of dedicated fans on social media platforms.
Furthermore, crypto experts believe that blockchain games have yet to reach their full potential. Analysts predict that this year will see an even larger number of individuals interested in blockchain games flocking to these gaming projects.
In Conclusion
These are some of the latest updates that Gamefinity has gathered and will continue to update regularly to ensure you don't miss out on important information.
