Reddit Co-founder Alexis Ohanian Says In 5 Years, Play-To-Earn Games Will Be The Norm For Gamers 
ChainPlay

ChainPlay

2 years ago

Share :

https://tk-storage.s3.ap-southeast-1.amazonaws.com/host/ckeditor/cc88aa0de73a4babb9ce415fa08bf95f_20220629100331.png

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt USD-1186073128 ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Alexis Ohanian, one of Reddit’s Co-founders, believes the play-to-earn culture will be the norm for gamers five years to come. Speaking during an episode on the podcast "Where It Happens", Ohanian went on record saying, "90% of people will not play a game unless they are being properly valued for that time," Ohanian who also runs Seven Seven Six, a venture capital firm, went on to add that, "In five years, you will actually value your time properly. Instead of being harvested for advertisements, or being fleeced for dollars to buy stupid hammers you don't actually own, you will be playing some on-chain equivalent game that will be just as fun, but you'll actually earn value and you will be the harvester." https://www.youtube.com/watch?v=-n5084IfnxU Another belief that Ohanian did not hesitate to express was that the number of people who take part in decentralized autonomous organizations (DAOs) was also bound to skyrocket. According to him, DAOs, which are free from any interference by centralised governing systems, will draw more people in because of their user experience. The venture capitalist pointed out that "They won't know it necessarily. I don't think that branding is whack," he said. "But they won't care, user experience triumphs over everything. So yeah, I think it will be pretty commonplace. Maybe not everyone, but like for all intents and purposes, it'll be a pretty normal thing." While no one can ascertain that Ohanian’s predictions are completely accurate, previous records indicate that play-to-earn crypto games have had a massive spike in popularity, especially in 2021. During this year, gamers were on a craze for games that could help them make an extra dollar. This led crypto games like The Sandbox and Axie Infinity to making huge profits and gaining a horde of die-hard fans on social media. Over and above this frenzy, crypto experts believe that play-to-earn games have not achieved their full potential just yet. Crypto-gaming analysts are of the opinion that this year will have an even bigger number of people interested in crypto-based gaming enterprises and the games themselves..

Share this article

Related articles

How to Play Sugartown: A Beginner’s Guide For Gamers
How to Play Sugartown: A Beginner’s Guide For Gamers

Zynga, the renowned mobile gaming titan, made a significant stride into the realm of Web3 by launching its own gaming platform. Sugartown isn't merely a trendy term for Web3 aficionados, it symbolizes Zynga's venture into the domain of blockchain-powered games.

ChainPlay

ChainPlay

2 days ago

Unveiling the Future of Gaming and NFTs: Animoca Brands Japan and SQUARE ENIX Join Forces
Unveiling the Future of Gaming and NFTs: Animoca Brands Japan and SQUARE ENIX Join Forces

Animoca Brands Japan, a pivotal arm of the global Web3 giant Animoca Brands, has signed a memorandum of understanding with SQUARE ENIX, the powerhouse behind iconic game series such as “Final Fantasy” and “Kingdom Hearts.”

ChainPlay

ChainPlay

18 hours ago

Join The Machines Arena Open Beta
Join The Machines Arena Open Beta

The Machines Arena, a dynamic MOBA game, is gearing up for its open beta release on April 23rd. This pivotal moment brings exciting updates, including the introduction of Familiars and a chance to participate in future airdrop opportunities.

ChainPlay

ChainPlay

yesterday