GM NFTFY: What’s happening in web3?

Recorded: Nov. 25, 2022 Duration: 0:29:39

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Hey, cheers. How are you doing my friends? I'm looking
Hey, Gritty, how are you my friends? I will just invite you guys.
school hosts.
Yeah, yeah
I invited US co-hosts guys just accepting.
He's a mocha hard doing my friend. GM.
How are you doing, could you? You hear my friend? Yeah, yeah. Now, Twitter is bugging. I mean, I was at least turning it. So, when you got it, Twitter is always hugging you. Yeah, sometimes it's Hermes is a
I don't know why but never you guys are not a co-host. Yeah, it's okay. That's good. Yeah. Good morning. So how are you doing? Did you watch it the game? No, no, no. I'm breaking my head with a axial sheet spreadsheet.
It's kind of hard.
Well, the first time was pretty low or not a lot of things happened.
And the second was way better. And we had one of the goals that was really, really beautiful. And you could see the peaks. Yeah.
And you could, how was your day yesterday? Yeah, so GMG, I'm guys, it was fine man. Nothing to do special, nothing to bad. Just relaxing and enjoying life. Remember that?
I said there would be two zero in the score. I was right. The feeling the intuition was right. Did you and some thinking that is cassino?
No. Good. No. He right now.
Yeah. How you guys are seeing the markets today? It's kind of looking really good, I would say. Healthy.
It tells you know, you have any news of what's happening Web3 Hermes. You are here if you're going to go up here. You're a free man friend.
I see that we have some people talking about games gaming web tree is something that's really coming back I would say not because but not because
There is games launching or something like that, but because people are discussing what really means to have a web-dry game, most of people think that the games that we had
The NFT games blockchain games so far was like Infantilized way to stake stuff and not really a game What do guys think you guys think that WebDream games really happy?
and now it's in development the next phase. Other things that we have three games never really existed. Where it takes in three games.
Yeah, so I personally think that we've not experienced like what we gain experience like sometimes of gamification of tasks So like we still need to see some real game in development
development, with it, develop it. Regarding to a pretty like some place that you can actually play, something that you enjoy, that you like spend nights, gaming with friends, like talking with friends about the game, but not only something that you do for
from just to earn money like X infinity for example I know a lot of people that join the game like for quite a while and they basically were playing for money and I don't think that's the that should be the main reason
for game on my treat, like we still need to develop some games that we really enjoy playing and like the earn like phase or the earn path should be something secondary not primary in my opinion.
Yeah, some of you have any or herms do have any take on it? Yeah, I completely agree with what Ron said. The phase we had some time ago, the economic is
was crazy like, Roy's been paid in less than a month and people keep it joining in, I don't know why, even though the price kept going up, so
It was sustainable. So we need something that people enjoy playing and the tokenomics that
is the key for this kind of game to work. So not only for the money but to sustain the life you can have in game. So that's my take.
Yeah, nice. Yeah, I totally agree with you guys. I think that most people
really understands that and I am very excited to see what Laptree game we really look like and I don't know I think that a great doubt is if this
kind of game will be native, web-trenative from companies or the house here or will be like from the biggest studios or stuff like that one thing that I heard and that is the thing that
makes a lot of sense is that gaming industry is the lowest of all industries that are used that related. A cycle of
a game can last to 2 minimum to at 2 5 or 4 or 4 or 5 years. So it's a big cycle of development and it is really strange when you
think about the web tree timing. Web tree timing is really well-paced. Things happening every single day. So I think that we have a misfit here and timing. Go ahead to
Yeah, I see some part of the industry which the blockchain could be really helpful to them in a way to decentralize the stuff and still earn something around the community on the sales. So I would like to say counter strike, I don't know if you've got
are familiar with the black market of skins. I wouldn't say black market but it is because it's like a monopole of steam. So the player skins tell to each other through platforms but it rolls, it also
has to come to an agreement with the game developer, the Steam platform. So imagine in blockchain if we could make or an artist, a player could launch their own limited edition NFT, Steam and people kept
I don't know trading if the guy would be like an incredible player did something amazing on a championship. It could be worth millions in the future because these guys are really little crazy about this kind of stuff. And in an NFT,
as an NFT, Valve would be able to monetize simpler and better than the way they do right now. So it would be a great entry point for us in the industry.
Herbys go ahead.
You know that I'm risking the whole web tree by trying to speak in the same space we've we've due to because we can't be at the same place at the same time You know that but let's see if the tweeter has already overcome this this challenge So first good morning to you all much love
I love you all. I've been hearing and I believe that the whole point here is that Web 3 concept is shady enough for us to advance to define what is a Web 3 game.
Because in my opinion, WebTree lacks, I wouldn't say like, "Echicle, moral definitions, but I can't find other better words than that." I think that WebTree needs a character. We need basic moral rules and ethical rules because
Are we an inclusive space? Are we, Web 3 is a place developed to avoid taxes? Or is it more than that? Web 3 is about freedom, is about creating bounds, is about community, and is also about being
welcoming, being tolerant, you know, I think that we miss that most of the people like avoid the main influencers avoid to touch like these points, you know, things that are hard to discuss.
in IRL, they also don't want to discuss this here. And I think this is the big challenge, the big step that we need to take in order to be able to really settle what WebTree is and to create the ground to the next step.
because this is important, because I understand what you said about the cycle of development of a game, but I think that sometimes we are too attached to the technological aspect of Web3 because this is the only common ground that we have, but it shouldn't be like that.
because the revolution is much bigger than the technology itself. I know that if games don't need necessarily a lot of technology or very well designed, you know, universe as much of the games have, games they take that long to be developed because
They are almost infinite. The games are being released lately. So, not necessarily, we need that much technology and good graphics and whatever to create a great game. The innovations shouldn't be attached to technology at all.
And I think it's the same to Web3. We need to go beyond the technological aspect and start to define moral and ethical rules and create a
real, welcoming and tolerant environment and making it be like rules among us at least at the big part of the community because I have seen a lot of misogynist racist and like awful stuff in my tree in community
which is in things like that. And I believe that we need this is a revolution, you know, a web tree is part of it. And we got to settle some common ground before going beyond. So for kidnapping the space, go ahead.
some of them have some of them to go. Yeah, I just want to add to Hermes speech that I agree and thinking in what you can add to the current game market, it could be a way for
players, professional players to finance themselves while you're in partnership with the game they live. So could be a way to cut the middleman and bring the average set more power to the player and his community and the people he
He brings together by doing what he does. So it's an interesting take to, I don't know,
start pressing that direction.
forming something. It's nice to think in that way.
Yeah, that's an interesting topic that we can talk all day long about it. And I think that most people there in this space of gaming and web3
or Web Tree at Gaming and just it's the first time that they were in the the build side of things in the gaming industry. They think that doing games or yeah creating these games is it's kind of easy
And it's not very very very very very good to make it so yeah, I think that people underestimate what is it's a bit of art is a bit of of understanding gaming engineering it's development it's graphics
It's everything. You need to do a lot of things to make a game really working and really well. And if all this goes, if you do everything right, you don't know if your game will fit the culture of...
that time, you know, most art you have this risk that you go out and people just aren't in the mood of playing it or watching it or stuff like that. So yeah, we have this huge risk as well.
Just to tap into other things Binance it is raising already raised it one billion dollars to the crypto recovery fund and now they they are up to their try
trying to raise up to $2 billion to bail out the stress and crypto firms as FJAC's contagion spreads. So this is huge money. Most analysts see that this
this money could be enough to recover the main critical parts of crypto. How do I see that? What is the path of that and how finance will be
be seen after that.
Yeah, so I actually like how they plan to use it but like how do you plan to use this one to recover anything? Like if they're going to be like paying users or is there going to be like saving institutions? I actually
didn't get to that point but I think like it's a cool like it's a cool initiative like we need things like that and I know that finance created but a lot of other companies such as Polygon already said that they are going to to participate in it with like
I think that all the companies that are going to participate in this HECK over the phone may donate around $50 million to do this cause.
We need to verify that we need centralization, we need to hold our own assets, not just leave it on an exchange, a centralized exchange. So if we start
like day after day, teach people that centralized matters and all this shit is very very important. We probably will not need some recovery fund. So in my opinion like create a recovery fund
to pay users it's a cool initiative but if you got if they are they're planning to like bail up institutions then for me it's the same the same as nothing because in the end of the day the user always get wrecked in this case that we just need to send
Sam is still free, like only his apartment, Bahamas with his family and a lot of users that had all their money on FTX are basically fucking right now. So we may be knowing these are some points that we need to keep in mind.
Yeah, I think that the influence that they will have in a lot of centralized companies will be huge because of that. It's a lot of money and it's a lot of money and if we'll be applying in the bank
point of this contestation can worth a lot of money for this for these companies Genesis included and other companies as well and yeah I think that can be this can be a lifeline for
for crypto contegation, but at the end of the day, as you said, we need to do our own costory and to self-servering in this
space. It's why this space exists and it's why we are here. So it's what makes sense. The thing is, I think that the financial side of
crypto that is a lot of they have a lot of inflation inflation in in other aspects of crypto RWIP 3 or NFTs in all the ecosystem maybe
coming to a relief right now. I think that the world's right now is kind of passing. Of course, don't have the future
in my hand but it's what I'm feeling right now. I just want to tap into NFTs. So we will have NFTs from a lot of
We have the Christian Ronaldo one and we had other companies launching NFTs but I think most people didn't understand why they were doing it.
So, it's a discussion that I had yesterday in other today's spaces about NFT utility. I think most people are lost, most brands and personalities likes.
Broxtern stuff like that they are kind of lost on what to do. I think Gap piece is kind of passing The trend I think that we have enough BFP in the market to most of us have more
more than 1 pfb and they would like and enjoy. So guys what do you guys think about the future of the NFT market as a whole? I don't mean if you
want to say but if you guys say out will you be real assets of the ability okay fine all tickets stuff like that but what do you guys see as the future of the NFT market going forward
the short period. I see it as like an evolution of what it is but identity. I believe that the main thing about NFTs will be identity. Like our identity is
in the birth box space. This is how I see it. Maybe you can upgrade some NFTs in the same personality and create others and mix and profile pictures.
I have no idea an artificial intelligence that can combine the things that are light and create a new world and create a single one and then things like that. But the main thing is identity.
That's interesting because I see PFPs as an entity as well. But what kind of other stuff related to identity to do here is being created besides PFPs? I believe that thing is viral.
that will be created. You know, it is already identity. That's what I said, like an evolution of that. But I believe that other environments will be created and we will need to stand out in these environments with our profile picture.
It will be us there and it will be how we will be like Samo's or Helen there, things like that. In the space that we are yet to be like developed, created, but they will exist like the metaphors and things like that.
Got it. Got it. We did that in spaces some time ago and I have an FT from them. It's a project called Gearpunks and Gearpunks is basically owned
chain compatibility to bugs, to cryptopunks. So it's their first edition was a card, so they did a card and the crypto punk can drive the card. And digitally people
in the car and they can join and be one thing, one thing they can be a crypto point in the car, the car isn't an FT as well. So it's kind of this kind of stuff they're mentioning.
Yeah, exactly that and also like bigger things, you know like the mainstream being the the digital life Like black mirror stuff enough. I Mean I'm thinking about the the huge mage the huge mage case, but probably
probably something like that, like digital world and representation there. And also companies, and tourist companies investing in real life with assets coming from companies created like this
community is turning to companies, right? This is already happening and this market becoming eventually the mainstream market in the whole planet planet because we are already close to a point where the most laborals world will be done
by a machine that can control their cells, control by artificial intelligence. So I see a world where the mainstream will be like this artificial environment.
Okay, let's see what will happen going forward. I'm already excited what will happen because we don't know yet for sure the details of it and the little things will be created in front of our eyes.
be stay tuned be over. One thing good you you have anything anything else to do to do this here
be sure to.
30s that the news guys you always know what's happening what's happening now
Yeah, I think we don't have any more news for today. So that's it guys. Thank you for participating or GM Diffedify. You guys are good if you want to. Cool.
You're friends you go quitting different things are interrupt to me And yeah guys that's we have we happen to to have this this spaces every day Besides weekends, so we have or hoiled it
When we have this space and we talk about a little bit about what's happening in the 55 and we say jam to each other. Thank you guys and have a good day. See you.