The Virtual Economy

We’ve established that millions of gamers are very willing to invest substantial time & resources into modifying, improving & supporting virtual worlds they care about – even if there’s no monetary return on that investment.

By intertwining financial assets with social capital, we’re now witnessing a new type of asset class dominated by online community coordination.

Virtual property can make real money. Projects like Decentral Games prove that money can be made in the "metaverse." The startup runs popular casinos within Decentraland. That's attracted serious developers, putting millions to work.

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