The CEO of Wax Gaming explains what kills crypto game economies and how to solve the biggest problems facing blockchain gaming! 🌐 Unstoppable Domains easy web3 domain: https://unstoppabledomains.com/?ref=onchaingaming 🔔 Subscribe free: https://bit.ly/3wBRj5a
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0:00 Intro – Why Web3 Games Fail
1:11 SPONSOR: Unstoppable Domains
2:51 What will end the crypto bear market?
4:56 Do I really own stuff in NFT games?
8:37 Should gamers care about crypto games?
13:19 Risks of innovating when making games
17:41 Player hate of web3 games
21:27 Players loosing money in the Metaverse
24:40 Can the “play to earn” model work?
29:40 What’s holding back web 3 games right now?
32:48 How to spot exploitative NFT games?
37:54 Types of CRYPTO GAMES that WILL DIE
40:54 How to find sustainable game economies?
44:09 Why crypto games MUST BE FUN
46:08 How will games look 10 years from now?
50:01 Michael Rubinelli’s intro to on chain games
52:49 Free to play innovators are also P2E innovators
55:31 How is WAX different form other blockchains?
1:00:42 Are Solana and Layer2 ETH solutions a threat to WAX?
1:02:39 Early success is not a gift
1:04:20 How to get started with WAX as a gamer?
1:06:48 How do we stop exploitation of crypto games?
1:08:29 Will AI bots destroy web3 games?
1:16:17 How can I develop games on WAX?
1:17:32 What’s Michael’s favorite NFT game?
1:21:10 When will crypto games be mainstream?
1:23:19 Finals thoughts
#Metaverse #NFT #Crypto
👋 My name’s Jake, AKA the On Chain Gamer, I’m a 27 year old who loves science fiction, investing, crypto and gaming… I feel so lucky to be able to share my passion thru my videos! Ready Player One is one of my favorite books!
❓ On Chain Gaming means gaming on the blockchain where gamers have real ownership! Traditional games keep ownership of all in game assets & have the right to termite items from your account and prohibit their resale. That’s NOT player ownership, but Blockchain games give REAL ownership of in game items and currency to players! NFT assets on the Ethereum blockchain mean in game items can be stored in crypto wallets, used in game or sold to other gamers for REAL MONEY! Crypto games enable real PLAY TO EARN game economies because wealth in blockchain games translates to wealth in real life! Blockchain gaming merges the real economy and virtual game economies into one massive economy!
🎵 Music By Josh Freeman
🎥 Edited By Nate Browatzke
🎨 Intro art by Juan Casini – https://www.behance.net/juancasini
⚠️ This video was created for entertainment purposes ONLY! This is not financial advice. While this video does reflect my honest opinions at the time of making this video, NFT’s and all unregulated crypto assets have risk.
For business inquiries, my email address can be found on my YouTube channel’s about page here: https://www.youtube.com/c/OnChainGaming/about
Thanks so much for watching this blockchain gaming video! This video is sponsored by Gala Games, Unstoppable Domains, the Wax blockchain and viewers like you!