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Breaking the Myth: Do Gamers really hate NFTs
Recorded: May 28, 2025 Duration: 0:59:58Space Recording
Short Summary
In a dynamic discussion, industry leaders from HNA, Open Loot, and Earth from Another Sun shared insights on their innovative projects and partnerships in the Web3 gaming space. The conversation highlighted the ongoing trends of NFT skepticism among gamers, the strategic collaborations shaping the future of gaming, and the potential for growth through token launches and community engagement.
Full Transcription
Music Thank you. Thank you. Music Thank you. Music Thank you. Music Thank you. Music Thank you. GM, GM, everyone, or GN, whichever part of the world you are in.
Here's another Wednesday and here we are at the Ancient8 Twitter space as always.
And nice to see some familiar spaces as always.
Console, Shiv, and also OpenLoot, you've been on a few more spaces in the past,
even with me and the rest of the spaces hosted by Justin and Nick.
Today we have a very interesting topic and also I personally have a lot to talk about.
Obviously I'm the host so I'll let you guys speak more.
But honestly this is something that I always wanted to talk about, having like a bunch
of NFT collections and also some Bluetooth NFTs.
We'll also discuss about that,
dive deep into those.
And also, I'm absolutely excited to see you guys
and also let me know that
if you guys have any plans to launch yours,
whether you're building a game
or you have already launched
and how it's performing,
we'd love to know about that and game or like you have already launched how it's performing would love to know
about that and what plans do you have or any any kind of utility that you're providing to your
to your community so yeah obviously it's more about you know breaking the myth you know do
gamers really hate nfts we'll we'll keep it like lean we. We'll obviously talk about a lot of other things. We'll discuss
other angles as well, but obviously we'll keep the focus on gaming. But before we dive into that,
let's just get some intros. I know most of you know me and I also know all of you,
but just to be a part of that show that we always do.
We do stuff with intros.
I'll start with myself.
My name is Ronald.
I'm head of BDE at HNA.
We are building an Ethereum layer 2 on OP stack. And we have a suite of Web3 infrastructure tools serving as a distribution channel in the space.
All right.
So we'll start off to the person to my right with mr console uh go ahead
hello hello hello gs g a g a it's good afternoon here but in web 3 it's always gm because the sun is always shining there's always that opportunity and positivity so yes
GM my friend you are right in stating that I've been here before I was I loved it and I'm back
you are also right on another key thing and that is the discussion point we are tabled for today is very, very intriguing.
I can't wait to get into it.
For introductions, my name is Mr. Console.
I'm the community here at Bigger.
Bigger has made games assets that you can own.
It is the world's first digital arcade where you pay to play.
That contributes to the liquidity pool and your scores somewhat compete for what portion of the liquidity pool you own.
We're currently in soft launch.
I think this is something different and new
from the last time we spoke, Mr. Ron.
And this is also why I missed last week's space
because we just soft launched
and we are kicking off making the dreamer's dream come true,
making it possible for everybody to earn
sustainably through their gaming skills that's bigger arcade in a nutshell and i'm overjoyed
to be here my friend yeah absolutely man that was a killer intro and yeah i would love to know about
i know you guys have like made some changes obviously
i still remember last year um i think you hadn't even joined that time uh bigger it was like
over a year when we had uh first launched it on space 3 uh with a campaign and then you had like
um two or three mini games at that time i know you have expanded a lot since then. I played, I did attend a game night as well, I think it was the fruit one where I lost so many times I don't even want to recall those moments.
Quite embarrassing to be honest, but yeah, love you seeing here, like, you know, always nice to have you here in our spaces.
Next we got Open Loot, who have we got behind the camp
hey uh it's ryan from open loot uh open loot is a web 3g gaming platform right now we have seven
games um we are also the platform that is behind uhTime. So BigTime and OpenLoot are actually the same company.
BigTime is a Web3 MMO action RPG.
And OpenLoot, our desire is to be the Web3 Steam.
So yeah, we have a lot of great updates this year.
Definitely keep in touch and follow us for the latest news.
Awesome, man. Thank you, Ryan. I thought OpenNode was the parent company of Big Time, no?
No, it's the same company. We just have different departments.
Ah, right. Okay. I used to zoom that. Okay. right. Cool. We got our last speaker for the day. Earth from another sun. I think it's Shiv. I'm pretty sure if someone else I would have loved to meet that person. How are you going Shiv?
the day it's not me there would be something to be worried about but happy to be here my name is
Shiv I am head of business development at EFAS or Earth from Another Sun we are a base building
FPS game with roguelite elements where you can command your own totalitarian state in humanity's
darkest hour so if you're interested in base building, fun, massive sci-fi battles with an army filled with troops or automating operations in a full-fledged war, hop on over and check us out.
But happy to be here as usual and excited to get into the conversation because I do have a lot of NFTs that I love and hate.
Awesome, man. Yeah, I love to have you here.
We got some familiar faces as well.
Luke, I'm into the NFT, I know, just a shout out to you.
Evil Bean is also, I have one of the, I'm a part of ARK Stellar and Bean is the core
team member of ARK.
I also dive deep into that, what it means to me and and how i engage with uh with the
community um but yeah but let's let's dive deep into this uh we we want to unpack some of the
most debated topics well um let's look we talk from a gamer's perspective do we really hate nfts
or there's a deeper story behind the skepticism we'll explore the reasons as well
behind that resistance diving uh into you know some blue chief nfts like boyc azuki pudgy penguins
uh ark even i'll talk about that um yeah so let's get into it um we'll have more like an open and
transparent even if you hate uh you know you can be transparent about it we we're just here to discuss and not give our opinions everyone's entitled to that um
well i haven't asked anything shiva you wanted to say something good i was just answering the
question if gamers hate nfts but go ahead i'll wait for your question first yeah now yeah you
can you can share your perspective as well you'll have to you have to
know that before we can do some ice breaking by the way so you don't really have to follow any
agenda or anything um let me know what do you think like do you actually hate nft or
in your community if you have i don't think ifa's had an nft launch did We do. We have had two NFT collections the most,
but the most recent was well over a year ago,
a year and a few months.
So definitely have experience in that.
So I'll answer both on what I feel towards NFTs
and the whole landscape and then about us.
So just to put it in a nutshell, really,
I think the NFT backlash has been strong and it feels like that
palpable emotion of hate is true because gamers have always had legacy expectations. So coming
from PC and console ecosystems, all gamers have basically spent like decades trying to fight off
this creep of monetization, be it pay-to-win mechanics, loot boxes.
It's always been seen as something that takes away from the entertainment value.
So when NFTs initially arrived, they were looking a lot like another monetization scheme
rather than a genuine value add.
Now, if you couple that with the fact that early Web3 games were, of course, low quality and hyper-financialized,
they ended up getting way more value than they should have, and that created a horrible first impression for gamers.
Now, I think what that was able to do was almost split the whole audience within gaming from a Web3 perspective into Web2 native players that
enter a gaming ecosystem looking for some degree of immersion, competitiveness, storytelling,
whereas the other side of Web3 native players were looking at more on-chain assets and looking
at ways to either speculate or play to earn. So I think the biggest
issue was this almost miscommunication trap where these NFT games being pitched to Web2 gamers
as quote-unquote investments was never the right way of going about it. Because if I go to someone
that's looking for fun or pleasure and give them a chance to make money and they don't,
it's going to be very bad. And if the quality of the game is even worse, it's going to create a
stigma which is very hard to remove. And I think we've seen how that works for a good amount of
time because we didn't have frictionless technology in Web3 Gaming from the very beginning,
not saying that we 100% do right now.
So I think we have that history to battle.
So that kind of sets the base for where we are today.
And just with regard to us and how our communities dealt with it,
when we launched either for NFT collections,
it was always with a promise to the users
for what that particular NFT brings.
So like our most recent NFT, which launched over a year ago,
which was the Passport NFT's vision,
is essentially to be something that's the cornerstone of our ecosystem,
be it benefits from the gaming aspect of it or just be from our ecosystem at large.
So I think with the onset of RTGE and game launch this year, users that have been patient thus far are going to see a lot of the other layers of what the Passport NFT brings
and ways of both collaborative and competitive advantages that come with it. So excited to get
into more of the discussion. Yeah, absolutely, man. Yeah, console, man uh you're yeah i see your hand raised right yeah let
me just pick it up from what my good friend has mentioned i remember that voice we've been on a
couple of spaces before and i really really respect your takes i'm gonna just be blunt and say yes. Gamers hate NFTs. I'm a marketer, I've done outreach,
and whenever I use the term NFT, my drop-off rate is way, way higher than when I use other terms. When you think about it, I believe that everybody hates spending money.
Just like my friend said, is it loot boxes? Is it limited offers? Is it A, B, C, D? As long as it
involves losing money, someone is going to be skeptical of it and more so if they spend
and their expectations aren't met that feeling is gonna be way way way more exaggerated
now when i think of nfts especially in our ecosystems, they are not only cosmetics, but they are also an investment vehicle. collections somewhat as a crowd funding initiative to further build out what the vision was what the
promise was made and majority of them have somewhat gone under and not been able to somewhat
deliver on the utilities they had initially promised to get that gamer or investor involved in their ecosystem and for that reason i think
gamers dislike nfts gamers dislike any sort of technicality towards making a simple purchase
if your nft is on blockchain there involves a little bit more clicking and that generally just causes a whole bunch of distrust
so my answer my candid icebreaker to this question is yeah they hate nfts and possibly
it could be the term nfts that they hate more than the process of getting involved in an ecosystem.
All right.
Yeah, those were some strong words, mate.
But I agree to be a part of it, I would say.
But it all depends on, like, what kind of utility you create for your community. And even, like, I've seen a lot of free mints happening,
but those kind of fade away at some point.
The ones that you actually pay to mint, I'm not saying all of them, but they have some sort of, because those people are serious in being a part of the ecosystem.
I'm not talking about Bluetooth NFTs here.
I'm just talking about some form of, you know, paid mint.
It can be even, like, starting from a minimal of, like, $10.
But, yeah, I think those games I've seen, like, recently there were also a couple of them.
The ones I had, I think it was Fishing Frenzy, or was it, like, Kokomo?
There were a few games.
I think Big Time also had an NFT mint, right?
Ryan, did you guys have before?
Are you talking about like recently?
No, not recent.
I think it was last year or something,
if I remember correctly.
I mean, we still have NFT mints right now.
Like Moonfrost just sold out $25,000 worth of items and like a minute I think last
week so yeah right right and how's the how's the user sentiment has the like
those who I mean successfully minted how do they feel about it how's the
community sentiment oh it's good nice nice Yeah, so let's just dive deeper into like some blue
chip NFTs. Like if you hold any of those, feel free to share and how you feel about it. I'll
also share my perspective. It can be, you know, any kind of blue chip NFT, Azuki, BOIC. And then how does that,
what do you think if they can be integrated?
Pudgy even, like Pudgy has already integrated into gaming, right?
So how do you think they can be integrated into gaming ecosystems
or enhance player engagement
without like alienating the traditional gamers?
And also you can share your personal experience,
owning one of those and being part of the community. Go ahead, Shiv.
Sure. I'll do this in as objective a way as possible. So honestly, I think a lot of what
happened in 2021 with NFTs is analogous to what we've seen last year with the meme coin
mania, because just almost as much as Pump Fund democratized the process of launching a meme coin,
we saw pretty much anyone with an idea and base level resources go on OpenSea back in the day
and make NFTs. And I remember in 2021, it could be anything from someone taking a selfie of themselves
100 days in a row to pretty much the biggest blue chip collections having big co-marketing
partnerships.
So with that, I would say a lot, including blue chips of NFTs got diluted with just that
oversaturation that came in the market.
And there was a video of Gary Vee in 2021 where he said this at the peak of the cycle
that two years from now, three years from now, 95% of these NFTs will be worth zero.
And I remember looking at that video and just laughing, thinking, what a guy, like, I'm
a holder of his collection, but the guy's probably just over-pessimistic or doesn't know Web3 well enough.
And he turned out to be right.
So I think from personal experience, I've been a holder,
and I'm a holder in whatever the secondary collection of World of Women is.
I've created Lil Pudgies back in the day, way pre-Airdrop, pre-Fun Mania.
I am a holder of a few different metaverse lands, which I won't name because I don't
want to give Luke and the audience a field day.
But the essential premise for me always was believing in the vision of it.
So I don't look towards selling even the world of women because I don't see myself
as a trader in that particular ecosystem.
I did
buy those pieces for the culture, for the movement, for what they represented. And I think that's the
same level of like, not conviction in the project I have, but the same reason to hold still applies
for me today, regardless of the massively red ROIs in them over the past three, four years.
So that being said i think integration
for nfts like those which are basically like gen one nfts if you're talking about this as like the
new and improved version of web3 gaming although it doesn't feel like it with the amount of value
we are retaining monetarily but i think it it starts with proper cultural integrations within communities,
creating value to not even games as step one. Because if you try to set out on taking these
blue chip NFTs and creating tier one products around them, you're going to lose the community
to an attention span that they don't have and patients that they
don't have. So I think it's just about starting with lower tier community activations that make
sense. I mean, it's a bad example value wise, but just with intent, if you see when DGods had shed
95% and Frank was still CEO, a lot of the was he was just trying to provide was what his skill set
was which was trenching very successfully in meme coins and trying to give a holders a bit of a
vision or a alpha or insights into that which I think definitely didn't work in the long term but
in the short term I know D got holders that were a bit happier than they would have been otherwise
so just because of the alpha that was turning in that holders community.
So maybe I would say it starts maybe with a bit more of a bottom-up approach.
Because if you try to go top-down with an existing blue chip project that's led 90%,
just that vision of what you're trying to build will be much farther,
bigger than the level of patience that your community has at that
point. So probably start with trying to create value for them even for within one day, be it
through alpha, be it through a fun community event, be it through something where they have an edge to
gain monetarily or not with regard to knowledge. And then from there, you can try to veer into
just finding products or end missions
for that community that make sense given the level of resources you have because being real and being
very honest about how the environment for those nft projects probably is is maybe sub two percent
of the nft communities from 2021 still have a good amount of funds to scale into building big
projects. So for the other ones that were at some point quasi blue chip, their best bet to keeping
their community engaged at whatever level is just creating smaller pockets of value whenever
possible. And then if and when they get opportunities to scale that back into a bigger
product or a feasible roadmap that they can actually execute on.
Yeah, good take, man. I love that thing you mentioned about D-Gots.
Personally, I believe the first Bluetooth NFT I've had was Azuki Elementals, obviously not the OG one one i didn't have that much money at that time
but yeah that was my first um you know experience being a part of the community
and the second one would be um um like i would say forbes if that counts as um you know that's
an sbt i would say not an nft. And then the third one was ARK,
where you see like lots of PFPs here with the purple monsters.
They're all from our community, the Stellis, that we call.
And then, yeah, they're also here to support.
But yeah, I think I love being part of the community as well.
It's like most like one of the most curated members in the communities.
It's also on an invite only basis uh obviously that's uh that doesn't uh you know come cheap it it's almost about it's above two weeks um it depends on like how much uh you can you can
negotiate for but um being a part of it i was also skeptical at the beginning but like you know knowing the people um the the you
know you've got like founders you've got uh you know communities you've got protocols i've got
vcs uh media art like every angle you've got every part of um you know the entire web3 ecosystem even
there are like some web2 players as well so it feels great to be you know having opinions from from different
people and also helping each other because we have this you know tagline called stellers help
stellers so we we always like help each other even even if it's a small favor like you know
introduction like if i want to get connected with one of those
projects that and then if anyone else is connected to them they can they can
just help us support we also have formed a DAO we help each other like engage you
know that's these are like small things that actually matter in your in your
growth in your personal growth I would say obviously on the higher level we
also support each other's project when we have like big launches coming up you
know we share and that's just a part of it I would say this is just like you know
I would say the only I wouldn't say the only support that the community has
provided but there are also some know, membership perks with like hotel chains,
like blah, blah, blah, so on and so forth. Games, let's say Pudgy recently, they have
so many, like, they have integrated so well. I mean, Abstract, obviously, they have the
same people, right, working hand in hand. But I would say i think game uh gaming integration is also uh quite nice i would
say it would be like uh an icing on the cake i wouldn't say it's like it's a must but it's
definitely uh you know worth looking at so um well let's start talking about ancient aid as well so
when we started we didn't have like ancient aids uh own nft but we had like one of our co-products space three who had
the nft and then we had uh harry the bene which is the first cultural uh ip that was uh launched
on ancient eight chain that is more like i would say uh talked about when we had the launch last
year we had like over 10k people minting that it was
premium obviously it was we was just like it was a trial for us because we just wanted to start out
with with something nice and then and some of you guys also have those pfps I see and then we tried
to create a lot of utility with with that even like having the internet airdrop, they got multipliers.
Then Space 3, whenever a campaign launches on Space 3,
it could be a game, it could be any dApp.
They get multipliers if they hold.
If the users engage on the platform, they complete the missions,
they get multipliers of spinning the gacha just by owning the NFT. So it has a long term utility. So obviously it can't be
directly integrated to the game, but definitely we want to try to create as many perks as
possible. I would love to hear Ryan's thought if you own any Bluetooth NFTs or if you're
part of any communities and how do you feel about it?
Even Consul, I would love to hear your thoughts.
The only NFT that I have is the Hyperliquid NFT.
I'm a big power user of Hyperliquid.
That's about it.
Oh, is it Hypo?
I know it's quite popular.
Is it that?
Can you repeat that? Is it Hypo, the one you have?
What is a Hypo? Is it like an IPA? Is it like a beer? No, no, no. Hypo is the NFT collection, right? It's like Retardio and Remiglio or Milani. It is not. Oh, it's a different one. Okay.
Because Hypo is like quite, it's like one of the most
popular nfts on hyperliquid ecosystem is what i've heard um not that much involved but obviously
would love to uh you know know a bit more about their ecosystem yeah it is not uh so hyperliquid
is a decentralized perpetual exchange they They are not an NFT marketplace.
Yeah, I know.
I know they're an L1.
But this NFT, it's on Hyperliquid.
So they're also on OpenSea, but they are...
I mean, you can basically buy with hype.
And that's, I think, the most expensive one, as far as I know.
I don't think that's the case.
Is it?
But what's the name of the one you just mentioned?
It's just a Hyperliquid NFT.
Oh, the name is Hyperliquid NFT?
That's correct.
It's a Genesis NFT for the airdrop.
Right, right.
And do you feel any any perks or like advantages being holding
that no so I have two um there's speculation that each of the NFTs is worth around like
40 to 50k so as soon as it reaches a fair market valuation I'm going to sell one and hold my other one. So you have two now?
Yes, that's correct.
Right, okay.
Console yourself, are you part of any Bluetooth NFTs or do you hold any of those?
Or have you held at some point?
Yeah, that's a great question.
To just be upfront with my answer, it is no.
I have never bought any NFT that has mooned,
and I've never really felt confident to invest in that collection which has traction.
And this is due to several reasons.
Although I will also say this.
I actually came into this space through the nft realm
you guys might not know this because i don't speak about it often not promote it but i make
psychedelic beats and for a very long time before i got recruited into a gaming company
my life was nothing but trying to make money working in finance in a third world
country of nfts because i saw an article i saw a monkey picture making hundreds of k and i thought
yeah it's it's that easy so i'm pretty conversant with the nft culture and to be honest i don't really see much
utility maybe it's because of how events have unfolded but what we call blue chip is is is
nothing but hype in in my opinion and in my little experience so i've never really gotten involved other than hanging out with these
guys trying to at that time promote my collection to these guys just somewhere between those lines
i've never owned one maybe i'll get gifted one my current profile picture that you guys are
witnessing is an nft and and that was a gift that was a gift
from a streamer in fact that you know just liked me and he used to make collections as well as
play our game so that's just my brief experience with nfts and what is called blue chip
right um so it's the hypothetical questions like if you if you ever uh would have a chance to uh
be a part of one um which one would be would you be most looking forward to
oh yeah that's a good one that that that's a great question that's one that is gonna
require a couple of years to think because i've never thought about it i really don't even know
what the current nft volumes are or the hot markets anymore. I really just stopped following that scene. That moment, my personal collection,
which was called Drug Music,
ceased to be a core focus in my life.
I can tell you, though,
that if I was to look into any collection,
one utility that would definitely stand out to me
is the ability to make more money from that collection.
That could be potentially from maybe it will be valued higher
or maybe it offers some sort of in-app perks.
That's the sort of utility.
And when I say for me, I'm speaking generally for the people,
at least the people I've interacted with, that's what I would be looking for yeah I mean it obviously
helps when when people in the equal I'm sorry about the dog whining that that
was definitely not me that was my dog if you if you hear barks or whines it's
just like she's just wanting to go out.
Apologies in advance.
But yeah, it obviously helps, you know, when you have people you trust in the ecosystem or in the space that already part of any, you know, tool chip NFTs or any NFT gated communities.
And if they recommend you, obviously they want the best for you. It's not just because
they get referral bonus, because they want, I think they feel that you could be a nice value
addition to the community. That's the reason. I was also referred to ARK, and I don't, you know,
regret joining. I'm very happy joining the community. Also meeting different people and visionaries in the space.
Yeah, I would love to know, like, what do you think about the future?
Like, how trends like cross-chain interoperability, you know, as predicted for the cycle,
how do you think it would influence the adoption of NFTs in gaming?
And what challenges might arise?
Do you have any hands raised?
Could you repeat the question?
Yeah, I was saying like, how do you think new trends like cross-chain interoperability, as we predicted,
how do you think it would influence the adoption of NFTs?
It can be in gaming.
It can be outside of gaming as well.
And what challenges could arise?
Sure.
So I would say in the long run, cross-chain interoperability is hyper bullish for NFTs
because in a future where Web3 Gaming has adopted a mass scale and we're able to onboard
Web2 Gamers steadily and those user acquisition channels are well set in place, cross-chain
interoperability is a very important event because it allows tier one games with millions of users
to be able to have that same asset be seamless across different ecosystems,
which is really the dream for mass adoption. But that being said, today's ecosystem is obviously
quite different from that. So I'd say it's today just a technology that should be continuously
evolved on and worked on. And for the web 3 gamers we have today they serve as
almost beta testers for what it will be in a tier one web 3 gaming landscape so i would say it's a
it's important as a funnel of testing and evolution and it's a great feedback loop to have today
and in the long run it's an inevitable factor needed towards mass adoption
yeah it definitely is because we've been talking about like chain abstraction as well
um and obviously like when it comes to cross-chain interoperability that is um i mean surely we would
we would have i mean we have some of the nftTs that are cross-chain, but like we have also,
you know, encountered like complexities. Like I think there was some hack, some wormhole exploit
back in early days. There was like, we would like have to think about the security and user
friendliness. But obviously, obviously, when we are thinking of like, because we're part of the
superchain ecosystem as well, we are, we have our own marketplace.
We're also thinking of like, you know, having our assets, you know, interoperable across the ERC20 ecosystem, like the entire optimism superchain ecosystem.
So basically, you can't, you know, transfer it to other chains as a part of, who are part of the superchain ecosystem.
So, yeah, we're looking at the bigger picture.
But, yeah, there are also obviously some of those technical complexities
that could arise.
I would love to know what, you know, given that the skepticism
that we have from major platforms, we'll come back to Web 2 a bit like, OK, for example, Steve, how do you think, like, for example, your game also has an NFT, right? to your community and if you have any plans to to launch any any new
collection like how would you approach be so that you know there is less fod
among the cancer there's a zero for obviously there will be can't make
everyone happy but how do you how do you maximize the impact yeah well if you
don't have any upcoming collections like you can
also share about like what you're doing to uh keep that momentum from your previous uh previous nft
sale or you have or have you completely forgotten about it yeah i would love to know your thoughts
go ahead chef yeah sure so because you mentioned steam I'll probably speak about that first.
I think the very honest answer, again, for at least like the years to come, is that any traditional Web2 gamer that has zero involvement in Web3, way more often than not, has an inbuilt stigma against any Web3 elements within a game. So just to respond to this in a more generalized
manner, I think all game communities like ours are going to have those traditional gamers exist
outside of the ecosystem of where the Web3 features interact or try to define those in a way
where that innate gamer, that innately Web2 gamer,
can have a smooth experience either way. Until we have it as a mandatory thing where the onboarding
necessitates certain Web3 onboarding challenges, wallet setups, NFT collection being connected or being purchased, there are going to be
massive bottlenecks on the road to onboarding those players. And it's not even something which
is a general analysis. It's something that we've seen firsthand. Like people that are
our Steam wishlisters want absolutely nothing to do with anything Web 3 and that i can confidently say is the case for most
traditional steam players besides the pockets of those that have been exposed to web 3 or are
keenly involved in web 3 gaming in some capacity or the other so i would say in at least today's
landscape the only way to have these two ecosystems coexist of Web 2 and Web 3 players is to give Web 3 players the
experience they desire with the technologies, the assets, the exposure to these on-chain
mechanisms that they desire for a fun or good experience versus if you take an ecosystem of
Web 2 gamers, you need to have the optionality of the Web3 features for them to
be able to be engaged in just the fun, entertainment-driven aspects of your game without needing to have
exposure to those on-chain assets. Because the second that becomes mandatory, at least with the
today common collective psyche of a traditional gamer, that's going to be massively obstructing
your onboarding and your user acquisition and you have to provision for that to be separated
or optional in some way or the other but i'm not saying this is the way it's always going to be
but i am pretty confident on the fact that this is the collective agreement between most traditional gamers today.
Yeah, absolutely it is.
And thanks for sharing this.
I didn't know that you guys are already on Steam.
I thought you were only on Epic.
But yeah, I love those thoughts, man.
Like, yeah, console, go ahead, mate.
Yeah, for sure.
I appreciate those thoughts as well and i'll just somewhat as
i'll echo what you've mentioned in my own particular way one and i'll just mash up
the previous question as well as the kind on which you've asked language is going to change
how we communicate what nfts are what we even call nfts is completely going to change are they
going to be called digital assets are they be are they going to be called virtual keys, whatever. That name NFT is to the minds of gamers traditionally
with a negative connotation,
and we're going to have to communicate to them
in a manner that brings positivity
and in a language that they understand.
That's point number one.
Point number two, and maybe this will develop in the near short term future, especially as Epic and Apple battle it out.
But I foresee the ease to purchase NFTs being made more available to the masses.
Is it going to be through a web link? Is it going to be through a web link is it going to be through
the app itself i'm not really sure with how the current technological climate is
but that's definitely going to change because the technological barrier towards purchasing one particular nft in a certain blockchain is one that i see my peers in the space
address and one that i see the openness of the current technological climate also somewhat
present the opportunity and this ties to the fact that i also foresee a future where nfts are not gonna be forced on sale
through blockchain right maybe the rewards are gonna be distributed through blockchain because
of the benefits that has but i'm gonna be able to purchase an nft through moon pay through apple pay
purchase an nft through moon pay through apple pay through all this other traditional means of
purchasing digital goods that's already happening i see that further accelerating because it's just
gonna be easier for the native user and we as those on the supply side just want to make things easier for them so these are the three points
they all somewhat tie towards the same theme that i foresee happening in the future concerning nfts
right love that take man uh but like does does bigger have any plans or or do you think it's not in the upcoming months or like, let's say, weeks?
Yeah, I had to throw out a laughter there.
Bigger in our ecosystem, we have no NFTs whatsoever.
Although we have worked with other, quote unquote, go-market solutions where they offer their users free mints
and that was used a little bit as a tool for community building of course these are not
decisions that are currently on the table that i can foresee or discussions that i lead maybe that
comes down the pipeline but for our ecosystem within the arcade itself i don't really see nfts
happening in the near future but of course opportunities present themselves it's all about
how you communicate to your community about the opportunity about the vision and maybe they can
get integrated but for now that's a strict no. And that's according to, you know, what our founder has said concerning the vision and mission of Bigger.
We will have tokens because tokens are essentially NFTs, but way, way, way easier to trade.
That's somewhat down our pipeline.
Hopefully very soon. pipeline hopefully very soon very very soon
right right and it's uh it's morgan right if i remember correctly i remember speaking to him
like last year or darcy is it i can't remember the name it's just top of my head yeah darcy who
i refer to as mr rob is our head of product. Our founder is called Mr. Paul Mack.
Oh, yeah, yeah, yeah.
Paul, yeah, yeah, yeah.
I remember.
Right, yeah.
Thanks for sharing that take, man.
Ryan, yeah, I would love to know if you had any experience,
like with the mints of Big Time or Moonfrost, let's say,
Shatterpoint, if you'd like to share.
I mean, it's good. The demand is, it's definitely there. There's still continuous excitement across the community just for pretty much everything that we've
been working on, mainly because we do build for the long term and we have an exceptional
developer ecosystem plus a very supportive community.
Right. And the holders of these, do you think they're different or they have the same from all the games?
I mean, fundamentally, crypto itself is very speculative in nature.
And for those that buy an asset of a game before the game is officially launched, it's definitely going to be speculative.
Right. And do you yourself hold one of those from your ecosystem?
So I mainly focus on, for my personal life, I mainly focus on just kind of hyperliquid,
just some very basic algo trading, basis funding, and just trading itself.
Right, right.
So you're more into DeFi?
I'm not into DeFi.
Okay, just trading then?
Yes, correct.
Right, okay.
All right, that's pretty much for today's space.
We just wrapped up in, you know, still 10 minutes to spare.
Loved your takes love attending uh you know uh as always supporting us you know joining our weekly spaces um next week we'll come
up with a new one uh most likely um related to superchain um and then obviously we have a couple
of uh new you know events coming up there's malaysian blockchain week there is uh
you know tm vietnam coming up in two months um yeah i would love to hear your takes as well if
you are attending any of those uh just jump in every every week on wednesday uh feel free to
share what you have been doing as always happy to be here very excited uh every week coming in uh even as a host or like um you know as
audience um always uh you know and appreciate you guys you know jumping in and then being those
legendary panelists um and supporting us all the way all right that's pretty much that's the end of
the space today uh thank you for for your time and see you next week hey buddy before we close this out i know as the host
you're the one asking questions but why don't you also let us know what you speculate the future
climate for nfts is gonna be especially from where you sit i believe you have a lot of insights
concerning this subject matter you guys have collections on your chain.
You guys have a chain.
You guys have a marketplace.
So I came here to somewhat be a student
above someone sharing his experience.
And I wouldn't mind as the final take of this space
to be your speculation of what you see is going to come.
Yeah, man.
Thanks for asking that, by the way.
Nice to be being a teacher.
I would say, yeah, we have a couple of, you know, plans in mind.
But right now, at the moment, we are focusing on, like,
building some new products.
Well, I can't go into the details yet because it's very early.
So we are investing a lot on R&D these the past month and a half and it's gonna
be like until I would say the end of end of June or the beginning of July then
we'll be dropping starting to drop some alphas and then obviously we'll be dropping, starting to drop some alphas, and then obviously we'll be expanding our ecosystem.
But we built our super app, our internet super app, meaning that we have everything at one place.
We have the LP, we have swapping, bridging, marketplace, everything at one place.
We do want to have, like the Harry the Bene, the one I mentioned, we want to have it as an IP in games.
We're also talking to some of those.
One of them is Stellar Forge, the Roguelike game.
I think you played that game console because I saw you talking about, I mean, I heard you talking about it before.
We want to have, we're also talking to the new games
that we just announced through our grant program.
If they could, you know, have some utility of,
I mean, if the players could have some kind of utility
rather than just, you know, multiplies
or even like, you know, allocations.
So that's more about the airdrops
and then they will be coming and farming and then leaving.
So you want to add like some extra utility to the games that are building on our chain.
That's the plan for now.
But obviously I've been like, when I talk about, you know, as a user, as a holder myself,
apart from, far from internet, I do believe even like those blue cheap NFTs like Pudgy or Azuki, they had their TGEs.
But like, they're the users, so they're not funding.
I mean, it's not the end of the world.
They're still like, they're trying to, you know, improvise, they're trying to add more utility.
Like there's Pudgy penguin who's launching
their own game now pingu clash or something and then they have the token utility over there so
this is how you this is how you maintain you this is how you keep that momentum and that you know
balance balance your your token with with your with your player base with your uh community you hold us um this is what
i think uh so for for those blue chip uh nfts if they have already lost their token i feel like i'm
just i'm just having the feeling that they're gonna follow the footsteps of of pudgy um what
they have been doing and it's a good way i think I think. It's not like, I mean, they're building new stuff.
Obviously, they're adding that NFT utility to the game,
the token utility to the game.
And this is how you expand.
This is how you expand your ecosystem.
It's just like you have to cope up with the market conditions
and see what works best for you.
Sometimes it's also about trial, right?
So you can also see if it works best
if your users are involved, if your community likes it.
And then if they don't, then improvise, then go back,
make some iterations, even make some changes
and see what works best for them.
Yeah, brilliant.
I agree and concur with those thoughts.
The projects that exist are going to be looking to add utility,
and nine times out of ten,
that utility is stemming and branching into our beautiful space of gaming.
Thanks for your very, very wise thoughts, buddy.
I thought I'd be a little bit cheeky
and you know
Ron is an expert.
I gotta tap into an expert.
That is very kind of you.
Appreciate it.
Really appreciate it.
That's all man.
Nice having you guys here.
Really shout out to Luke
some of our ARK Stellars
for supporting us all the way throughout the space.
And yeah, you yourself as well.
And say hi to your team members
because I haven't had a chance to talk to them for a very long time.
I'll see you guys in the next space.
Have a nice rest of the evening, rest of the afternoon or rest of the day,
whichever part of the world you're in.
Ciao, ciao. Thank you.
