Founders of The Sandbox, Arthur Madrid and Sebastien Borget, discussed with Cointelegraph the importance of wallet interoperability for Web3 gaming and other key aspects of this field.
Goal of Wallet Interoperability
In an exclusive interview at the Crypto Polo event in Dubai, Madrid emphasized that interoperability remains a primary goal for The Sandbox. He stated:
> "So, the vision is still kind of obvious for us. It’s like you need to be able to play any games using one wallet that will enable you to combine the utilities of all that you collected and all what you earned."
Challenges and Opportunities in Web3 Gaming
Despite a market slowdown, Madrid noted that the Web3 gaming space continues to thrive. He pointed out the accessibility of tools and infrastructure needed to create new games, contributing to their growth over the past two years. Madrid also highlighted the need for one successful game that could serve as a catalyst for broader adoption of Web3 technology in gaming.
NFT Utility Perspectives
Borget also discussed shifts in the non-fungible token (NFT) space, stating that the industry is becoming more mature, moving from simple fundraising and profile pictures to better use cases. He added, "We still continue to see more demand for our virtual land, avatars and other NFT collections, such as Jurassic World, because they can be used across the game right away."
The founders of The Sandbox emphasize that wallet interoperability and the development of NFT utilities are key factors in the future of Web3 gaming, sparking interest and anticipation for further advancements in the industry.