#550: Andrew Chen — Metaverse, Metrics, and Meerkats
#550: Andrew Chen — Metaverse, Metrics, and Meerkats
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Watching his stream sometimes felt like a ‘critique of your own life’
Tim Ferriss
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#550: Andrew Chen — Metaverse, Metrics, and Meerkats
The future is at the intersection of economic and game design
Tim Ferriss
•
#550: Andrew Chen — Metaverse, Metrics, and Meerkats
“[Twitch] solves the original sin of the internet, which is having an advertising-based system…We decided to go with banner ads over paying each other online” – Andrew Chen
Tim Ferriss
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#550: Andrew Chen — Metaverse, Metrics, and Meerkats
Incentives to create content change when there are clear economic opportunities
Tim Ferriss
•
#550: Andrew Chen — Metaverse, Metrics, and Meerkats
All day, every day he would live to stream his life
Tim Ferriss
•
#550: Andrew Chen — Metaverse, Metrics, and Meerkats
The market wasn’t huge for gaming at the time but the engagement and participation was extremely high within the niche
Tim Ferriss
•
#550: Andrew Chen — Metaverse, Metrics, and Meerkats
We are entering a new age of creative work – pay the creator, not the company
Tim Ferriss
•
#550: Andrew Chen — Metaverse, Metrics, and Meerkats
Incentives to create content drastically improve when the creator has clear income opportunity rather than creating for views/engagement
Tim Ferriss
•
#550: Andrew Chen — Metaverse, Metrics, and Meerkats
Roblox is a great example of experimentation with AR/VR, the technological risks are super low when the main objective is to have fun
Tim Ferriss
•
#550: Andrew Chen — Metaverse, Metrics, and Meerkats