The Pareto Funtier

Is it just about the money, and does that matter? Web3 is absolutely a gold rush. People are very desperate for money (quite quickly) doing what they enjoy. Even if many entrants into crypto "do not fundamentally care about distributed trust models," an attractive alternative would be one where the user base grows to care.

So the question is, "What is the healthy version of this world?" And the healthy version of the world is one where you have marketplaces for virtual goods of all kinds, whether NFTs, in-game skins, membership tokens in communities, whatever. You have these concepts that you have in FX, like best execution and minimizing brokerage fees being put int... See more

Axie and its dozens of clones imply that perhaps fun isn’t what’s key for a crypto game to grow, but rather gameplay mechanics that reward players with real-world earnings. Illuvium, another game that won’t be launching for another 2 years, has found itself with an $11B valuation ($ILV) driven largely by introducing a pre-game token and staking mec... See more