Blockchain is already a proven use case in many areas: - International money transfer (payments) - Smart contracts (removing middleman fees) - Fundraising (sell digital assets to anyone) - Community (bring people together via JPEGs) - Incentive alignment (bags bias, x-to-earn) - Speculation (collectibles, risk for reward) - Store of value (gold = btc / ETFs) It's now too big to fail Gaming, RWA + more will follow

20 Predictions for Web3 Games in 2024 Some hot takes I think, let me know what you don’t agree with! 🔹 1/ A crypto bull run will happen and gamefi will be a major narrative. Token and NFT speculation for games will be at an ATH (eg. flipping is the game) 🔹 2/ Some people will make ‘generational wealth’ off a bull run + gaming narrative. Few will take profits, most will ride it back down to zero 🔹 3/ Token launchpads and KOLs will make bank in a speculation heavy bull run, while retail buyers get left holding the bags 🔹 4/ A majority of the 2021-22 funded web3 games will publicly launch towards the end of 2024. The industry will gain some much needed data around what works and what doesn’t 🔹 5/ Several games will reach 50-100k+ DAU, driven primarily by strong core gameplay, token incentives and aggressive UA 🔹 6/ No games will become ‘mainstream’ hits, due to continued backlash of NFTs by gamers, lack of differentiated gameplay in web2.5 games, and general difficulty of games 🔹 7/ A majority of innovation and adoption will come from Asia, where studios are willing to take more risk and players are more willing to pay in games 🔹 8/ We will see at least one successful game announce that they will launch their own chain or L2 🔹 9/ Several major NFT projects (PFP and marketplaces) will make pivots into gaming, with a focus on gambling/idle type games for a crypto native audience. Some will acquire an existing studio 🔹 10/ Content will slowly shift from Twitter to Youtube (shorts) and Tiktok, as many more games become playable and also aim to expand beyond crypto audiences 🔹 11/ There will be many collabs with ‘mainstream’ content creators. They will be expensive and mostly negative ROI, but will still bring a lot of attention to web3 games 🔹 12/ New game models where blockchain is a must have will develop product market fit, such as economic games for crypto degens, or community driven games 🔹 13/ Fully onchain games continue to gain interest but struggle to retain players, due to a focus on solving technical problems rather than building player experiences 🔹 14/ UGC and creator aligned incentives will create strong flywheels for web3 native games, and seen as one of the main reasons of ‘why web3’ in games 🔹 15/ Games with play-to-earn designs will try to identify and remove bots, but will lose the arms race and experience unsustainable economies 🔹 16/ Interoperability will happen within a single studio with multiple games, but not across different studios 🔹 17/ Agencies for community building, token launches, economy design, and so on, will develop known brands. They become a quality signal to the public 🔹 18/ Major hacks and exploits will occur due to the increased opportunities and attention in web3 games 🔹 19/ Epic will continue to support web3 games while Apple will heavily scrutinize NFTs and tokens in mobile games, greatly limiting the design space for them 🔹 20/ Regulators crack down on games that heavily market tokens as generating passive yield or returns. Tweets by founders will get quoted in legal actions.