Dossier: What's Wrong with Crypto Gaming
The Current Crypto Gaming Landscape is Stupid, Let’s Explore How it Could Potentially Be Not Stupid in the Future
A painfully honest letter about Crypto gaming:
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If people were honest with themselves, they started to care about Cryptocurrency, blockchains, consensus models, or any other underlying tech and buzzwords in this space because of the financial incentive. People are hoping to strike it rich! Filthy rich. Let’s be honest.
Just like the gold rushes of days long past, what we’ve witnessed over the past decade of Crypto’s history is a massively impressive speculative rush - with many having made life-changing wealth.
We’ve seen narratives and stories rise and fall cyclically regarding what makes this technology special and how it will one day change the world.
We’ve seen projects gain meteoric growth and “success” in such short periods, as well as an influx of capital, talent, and attention into the Cryptocurrency sector. Many believe that Crypto gaming will be the future. Will it, though?
The short version answer is yes - but we are nowhere near close to the endgame, and the current landscape is a joke. We explore the state of Crypto gaming and attempt to peer into the past and future to create a vision of what may organically and naturally “win” this race.
Prelude
Questions are healthy! It’s essential to question the world around us. Here are some primer questions to consider throughout:
• Genuine question - why will any of this need a token to work? Crucial - does a token NEED to exist?
• What role can a token play that isn’t just ponzinomics, useless governance, or gas fees?
• What lessons can we learn from the current gaming industry - both successes and failures?
• Will AAA games be the ones to succeed or indie games?
Keep reading to explore these topics.
Check out the full dossier, a preview of our upcoming Crypto Gaming Industry Report: momentum6.substack.com/p/dossier-whats-wrong-with-crypto-gaming