Last night was a long end to a brutally hot day. Seems like the summer heat wave is just now kicking in. Air conditioned places are now the place to be. Although I still may exercise from time to time.
At any rate I was lurking over at the App store just to get a general idea of what鈥檚 new. Downloaded a few free games and passed the time. Of course, no crypto was earned during game play. In my mind I determined that there is so much value that is currently not being valued.
Many of these game developers have no idea how to truly monetize their game play. Even worse many are struggling just to keep the lights on. All the while Apple makes billions in revenue. I truly believe however that this model that Apple deploys is too Steve Jobs era.
Blockchain will soon bring the changes that are necessary to create abundance for all people. Bitcoin has given the world a small glimpse of what money could become. But many are still struggling to understand how to separate legacy/blockchain finance. Some of this confusion lies in the indoctrination of the masses.
Money is and will always will be a tool. Yet, many see only debt and struggle within this system. Even worse they also apply the same principles within the blockchain experience. Remember, they are not one in the same.
Fiat on/off ramps are the only similarities that they posses. The casino finance rules and extraction of values schemes has essentially run their course. It is truly time for a new experience for mankind. And new rules not only for money but on how to create/earn value.
Games seem like the natural evolution for both money and value creation. People from all over the world participate and play daily. Yet, many are not rewarded for game play. Even worse they don鈥檛 truly own their virtual assets.
Skins and other virtual units still remain property of the developer. This of course has been changing but at a snails pace. Many gamers spend thousands of dollars for increased level up. Yet, ownership should be the number one priority.
However this shakes out value still exists within the confines of each game. This value could also be in game currency that does not have a true market price. Many of these virtual games have all the tools necessary to create a crypto monetization event. Yet, many can鈥檛 see the grander picture.
And I鈥檓 sure much of this discourse has to do with Apple and their unwillingness to support crypto. Although their stance has changed in the past 18 months. I believe ultimately Apple will give in to the crypto monetization of video games. And why not?
Crypto and gaming are meant for each other. Mining was created as a game of sorts. To give the user the ability to level up their mining power in order to gain more crypto. Coins and tokens are a precursor for what is to come.
The true value will be created via gameplay and the ownership of virtual assets. In game coins will now be able to be converted into real world value. Imagine collecting your game play earnings and purchasing a brand new iPad. Or stacking your game play earnings via defi.
Both young and old will be able to build value and fill their bags. And since automation will be taking over the time is now. Much of the poverty can be fixed in the world. It just takes approaching things with a different perspective. 馃