• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The founder of the Sandbox project is struggling with problems in the field of crypto games

The founder of the Sandbox project is struggling with problems in the field of crypto games

user avatar

by Max Nevskyi

2 years ago


Founder of The Sandbox, Sébastien Borget, shared his thoughts on the development of blockchain games during the recent NFT Paris conference. He noted a shift in sentiments among Web3 gamers, who are increasingly intolerant of games focusing on token incentivization models without real utility. Borget emphasized the importance of providing players with tokens and NFTs that have specific utility. He stated that successful projects in bearish market conditions are those that offer authentic gaming experiences and token utility, as opposed to those relying solely on tokenomics to attract players.

In contrast, Sky Mavis founder, Alexander Larsen, cautioned against excessive departure from the principle of gaming tokens to solely focusing on gaming pleasure. Larsen advocated for balance, noting the need for digital ownership and economic incentives for game developers to attract new users. He praised Axie Infinity for introducing new concepts in the industry, while acknowledging the need for ongoing improvements.

Dapper Labs CEO, Roham Gharegozlou, emphasized the potential of tokens, stating that they provide users with the ability to transfer ownership of digital experiences back to the player community. He envisions a future where tokens will play a central role in digital identity, reputation, and asset ownership.

CEO of Animoca Brands, Robbie Young, proposed an intermediary stage before the emergence of the metaverse. Young suggested using fungible tokens to transfer value between games to provide some level of interoperability while developers work on integration.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Macro Events and Seasonal Factors Impacting Bitcoin Market

chest

Seasonal narratives and macro events are influencing Bitcoin's market performance as traders anticipate liquidity shifts.

user avatarTando Nkube

Key Macro Events to Watch for Crypto Traders

chest

This week, crypto traders should pay close attention to key macroeconomic events, including the FOMC minutes on February 18 and the PCE inflation print on February 20.

user avatarNguyen Van Long

Coinbase CEO's Stock Sales Under Scrutiny Amid Retail Investor Confidence

chest

Coinbase CEO Brian Armstrong's stock sales, totaling over $550 million, have raised concerns about retail investor confidence in the cryptocurrency market.

user avatarKofi Adjeman

Jupiter DAO to Vote on Emissions Policy

chest

On February 17, Jupiter DAO will vote on whether to pause emissions, impacting token policy and market expectations.

user avatarSatoshi Nakamura

ETHDenver Begins with Exciting Events

chest

ETHDenver's main programming and opening ceremony are set to kick off on February 18, featuring a packed schedule of activities across multiple days.

user avatarJesper Sørensen

XRP Price Shows Potential for Breakout Amid Liquidity Imbalance

chest

Analysts indicate that XRP is poised for a significant price movement due to a growing liquidity imbalance.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.