Science & Technology
Josh Williams: Opportunities for Crypto in Gaming
Forte cofounder and CEO Josh Williams does a deep dive on “Opportunities for Crypto and Gaming.” Williams explains that blockchain technology could have an even bigger impact on gaming than the internet because it’s not just connecting people, but potentially changing business models by aligning the incentives of developers and players. It can do this…
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FBC Skript
May 20, 2020 at 4:47 pm
nice video! wanna make one together?
FBC Skript
May 20, 2020 at 6:29 pm
Hey man, are you trying to collab?
Jamie Aitken
May 20, 2020 at 7:07 pm
my passion is gaming , my life is crypto, I/we would be a God in a gaming crypto, economy/reality ,oh the possibilities !!
Yuvraj Manral
May 21, 2020 at 6:35 am
you wish
princeumar20.09
May 20, 2020 at 7:43 pm
hello there friend! CGtA
Pursuit
May 20, 2020 at 7:43 pm
hello there friend! CGtA
CJay
May 20, 2020 at 8:16 pm
Dope video!
Andrea Grumpeenlate
May 20, 2020 at 10:21 pm
Really interesting!
INSANE GAMER
May 21, 2020 at 1:13 am
Awesome 👏
blitzio
May 21, 2020 at 5:25 am
I think there are a lot of parallels in gaming and crypto, the target market (predominantly male, 18-34, tech/digital enthusiasts) and the investment in time + money in a repetitive action to attain mastery. Great content and learning material! Really grateful that this is available to the community for free 🙏
m p
May 21, 2020 at 9:46 pm
Games will make you grind for assets to keep you playing
AVS
May 22, 2020 at 12:54 am
Fire 🔥 gameplay, go for it 💯
Cimegex Health
May 24, 2020 at 6:45 am
Hey what’s the best budget/free hosting service for testing social network web app(php back end) ?
I’m a non-technical founder who needs to figure this out soon for beta testing. Thanks
Ty coon
May 24, 2020 at 1:43 pm
just like on twitter I still think josh is full of hot air
jules on the beach
May 31, 2020 at 8:37 am
this was a great fireside chat .. Thank You to the hosts and Josh .. superbly informative
Julian Gillespie
May 31, 2020 at 8:37 am
this was a great fireside chat .. Thank You to the hosts and Josh .. superbly informative
easeinbox
June 8, 2020 at 12:36 pm
Enjin Coin. Already available on Minecraft, or with Unity and Godot. Get it while its cheap.
The Place For Things
June 8, 2020 at 5:22 pm
the future seems so bright. so excited to see these ideas come to fruition. this was a great discussion
NIFTIES
July 9, 2020 at 1:01 pm
Very interesting! Blockchain gaming ll become the standard very soon…NFTs will probably represent the largest market in the world.
Nova Verse
July 19, 2020 at 3:04 pm
The game Tribes was fucking awesome back in the days.
Mike Krasinski
July 21, 2020 at 11:50 am
never tried to gamble with crypto, maybe I’ll try it as I have a crypto wallet on my backcatcard account. It would be rather interesting
Kelvin Janssens
August 6, 2020 at 2:43 pm
Crypto gaming has got started getting adapted, I played on @BitcoincomGames & it’s really secure, fast & combining #BTC, blockchain& gaming by BCH is just awesome & in other hand cwv.io allow us built our own games, the real world virtual games where imagination is our limit!! Their so-called blockchain3.0 is the fastest secure & reliable chain I’ve known!!
R2Pleasent Gold
August 10, 2020 at 5:32 am
Some good points. Specifically, players should absolutely own their in-game account & items. They invest their own time / effort / money into acquiring these assets. The only reason game developers argue they don’t own these items is because they are virtual. But I think society is coming around to the realization that virtual products and physical products are ultimately the same thing.
One critique I have here is the dismissal of third party websites and the gray market. This industry has evolved considerably through the past decade. There are highly-functional marketplaces, trustworthy websites & brands that have been in business for over 10 years. The idea that players are taking a big risk of being defrauded when using the gray market is completely false.
In fact, most of these websites are safer & more reliable than marketplaces like Amazon or Ebay. That is because the products being sold come exactly as described. When you buy 1000 Gold on WoW, there is no chance that the gold is counterfeit, or degraded. Meanwhile, when you buy a Nike T-Shirt on Amazon, there’s a chance that shirt is counterfeit, the color looks different than the picture, or the material/fit is not to your liking. The only way to truly know the physical product you are buying is to see it & touch it in person.
So while I look forward to the integration of crypto into gaming, I also must point out that the p2p markets for these games have progressed immensely already. A lot of the features you are describing already exist in efficient formats today. I think crypto integration in gaming needs to look beyond the low hanging fruit, which is tokenizing in-game assets.
Tokenization will simply amplify the bigger challenges in games today if they are not addressed first. These are bots, account hijacking, assisted gameplay & other exploits. Tokenizing in-game assets will make these exploits more lucrative and prevalent. It is my hope that blockchain finds a way to improve the integrity & security of these games, which will ultimately result in a much improved experience when the in-game assets are eventually tokenized.
Alex Stark
August 24, 2020 at 5:54 pm
Crypto in gaming is a fabulous innovative idea which has already been implemented in games.bitcoin.com where you could simply earn bitcoins by playing casual casino games such as blackjack, roulette, slots and many of their exciting games. It is extremely safe for deposit and withdraws as you can see in the video. There is also an event going on now names as Daily Drops and Wins which have a wonderful prize pool of over 2 million US dollars.
Indonesia Suka Main
September 2, 2020 at 7:27 am
Great topic. We are making one and really looking forward for crypto gaming to take off.
Token & Saham USA
September 2, 2020 at 7:27 am
Great topic. We are making one and really looking forward for crypto gaming to take off.
Kripto & Saham USA
September 2, 2020 at 7:27 am
Great topic. We are making one and really looking forward for crypto gaming to take off.
Technology and Innovation
September 16, 2020 at 6:46 am
Inserting crypto kitties idea into games, regurgitation of existing idea.
Rudi Ansah
September 21, 2020 at 5:44 pm
🇺🇸USA🔗DISK OPERATING SYSTEM PERSONAL COMPITER EXTENSION NAME ACCOUN SYS DATA COM OK
Carlos
October 21, 2020 at 10:56 pm
14:40 “Less than 1% of users account for ~80% of revenue. ….and those *individual* players often spend $ hundreds of thousands, or $ millions of dollars per year”.
That moment when you realize the size of the chasm that is the wealth divide.
whatsapp ⍅①⑨⓪⑧②⑦④⓪⑨⑥⑤
January 16, 2021 at 7:17 pm
Bitcoin investment is profitable
Madison Rodriguez
January 16, 2021 at 7:17 pm
Bitcoin investment is profitable
Madison Rodriguez
January 16, 2021 at 7:17 pm
Write my manager on what’s app to make huge profits in BTC, currently he’s trading my cryptos for me and making me huge gains in return
Madison Rodriguez
January 16, 2021 at 7:17 pm
*+ 1( 9 0 8 ) 2 7 4 – 0 9 6 5*
Do well to Tell him I referred you to him
Michael Campos
September 8, 2021 at 1:44 am
I have a friend who worked at a Facebook game startup. He said one of their “whale” customers spent between 80k-100k a month on the game. I don’t remember how he could tell, but he mentioned it was a Japanese businessman who traveled a lot and played the game during his long flights
Scott Coughlin
December 9, 2020 at 4:54 am
lol; complicating a fake economy even more will certainly work out for everyone here!!!
Alice Patterson
May 1, 2021 at 2:06 am
Investment has been great recently with help of experts.
Juliana Bryant
April 30, 2021 at 10:06 pm
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
Nicole Ward ➕➊➐➐➋➋➎➌⓿➌➎➋
April 30, 2021 at 10:08 pm
I’ve been making some few loses, can you please introduce me to your broker?
Ana Gracia
April 30, 2021 at 10:09 pm
That’s true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts
Alice Patterson
April 30, 2021 at 10:11 pm
I trade with expert jessica her strategies are out of this world
I did invest with her and I made huge profits
Levi Lucas
April 30, 2021 at 10:12 pm
I saw the recommendation but I didn’t bother chatting her up I keep loosing teally i still don’t understand how the forex market works tho
Alice Patterson
May 1, 2021 at 2:30 am
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W<>h<>a<>t<>s<>a<>p<>p f<>o<>r g<>u<>i<>d<>a<>n<>c<>e
Alice Patterson
May 1, 2021 at 2:31 am
@Ian Carlos They’re different packages, i started with $500 and I’m earning massively right now
Maverick Colton
May 1, 2021 at 2:32 am
Forex/stock is the best investment anyone could get into. As it could make you rich in a blink of an eye
Maverick Colton
May 1, 2021 at 2:33 am
Y’all gotta drop her leading contact.
justjustgord
June 21, 2021 at 3:28 am
The inexorable mechanics are that games need micro-transactions, so that majority of players _can_ participate .. it follows that only cryptocurrencies with very low fees are viable in games – with a token like Nano you can actually have 100k players each pay 0.3333 USD to unlock a game feature or asset. You’ll get a much healthier game ecosystem this way – better for players, better for game developers.
vaibhav tomar
June 24, 2021 at 11:07 am
what if certain game is not popular enough and there are new games in the market ….how can i sell all those assets and get my money back from there?
SMiki55
October 29, 2021 at 4:46 pm
Gaming was way better before crypto. Mining scumbags made the GPU prices reach Mount Everest.
LoreLauno
October 29, 2021 at 4:46 pm
Gaming was way better before crypto. Mining scumbags made the GPU prices reach Mount Everest.
Launo
October 29, 2021 at 4:46 pm
Gaming was way better before crypto. Mining scumbags made the GPU prices reach Mount Everest.
Paxton Yoshida
November 13, 2021 at 5:22 am
Expenditure to Assets! That’s New…
Cold Fusion Tv
November 13, 2021 at 5:22 am
Expenditure to Assets! That’s New…
D. Linton
November 17, 2021 at 10:30 pm
Not sure if I want a real economy in a game I play. Something about it seems like it takes the fun away from it. The speakers seem to want to make video games’ another economy.
Saturn Reign
December 9, 2021 at 7:16 am
Awesome
Sean O'Dowd
December 23, 2021 at 1:42 pm
As a game developer of a decade, I wholeheartedly am of the opinion: this is a grift.
They mentioned nothing of Diablo’s auction houses? Second Life? How Entropia Universe allows you to convert to USD? And Roblox has a currency exchange and item stock market?
How does the blockchain help at all?!
dBug404
February 1, 2022 at 11:35 am
I am pretty sure, there will be SOME cool uses of the blockchain in the future of gaming.
But with every point i hear, i ask myself, why do i really need a blockchain for that. Most things already exists.
Sure there are points that are true, like you really have the ownership, even if the company closes. But what is the benefit in that? When the game closes you can imagine what items are worth you cant use anymore. Sure they could have a collection value, but i highly doubt that. So in the end, you are still dependent on the developer to run a successful game.
For me this sounds like a salespitch of things they are invested in. As a core gamer i always ask myself how does this benefit me and in there example, i only see things, that affects game design decisions in a bad way for the gamer. It’s like trying to convice some one why loot boxes are a good thing for gamers. They aren’t. They just exploiting human behaviour and greed to make more money. Sadly thats what most of the mobile/social games are all about.
Don’t get me wrong. I think blockchain is really cool. Usually its not about the tool, its about how you use it.
Matthew Smeraglia
December 31, 2021 at 3:28 pm
I mean i get many other situations where it’ll be useful and different than the current game model, but for what he says at 10:11, is that not what Dark Souls already does without any underlying blockchain? Maybe its just a poor example, but blockchain/smart contracts in this instance doesn’t seem worth the added complexity unless i am missing something. I mean I guess instead of just receiving additional points, you get actual tangible “currency” but if you can only spend that currency on things (similar to DLC or various game company “points” that we see today) then i guess im still confused on the appeal?
Inukai
January 4, 2022 at 12:44 pm
Well yeah. Almost anything that is promised by crypto-bros can and even is implemented without it.
Wayne Balzan
July 22, 2023 at 3:09 am
@Inukai today in game virtual currencies value are determined by the developer no the community, if virtual currencies/items are on chain you can go to an exchange sell/buy and players make the market for them.
Misty Dunn
March 19, 2022 at 4:05 am
eat hes heart yum yum
hacker he says
March 19, 2022 at 4:05 am
eat hes heart yum yum
Misty Dunn
March 19, 2022 at 4:06 am
his flies for his stealing lies cheating on him mirror broken
hacker he says
March 19, 2022 at 4:06 am
his flies for his stealing lies cheating on him mirror broken