Web3 gaming with @ReadyPlayerRich & @MeritCircle_IO

Recorded: Dec. 6, 2022 Duration: 0:57:49

Player

Snippets

Hello, if speakers can request to speak.
That would be wonderful.
There we go. Thank you, Rich.
that might just happen.
All right, there we go. -Gee Andrea, you're muted, Andrea. -Good morning, there we go. And I see Professor. Professor, if you want to go on in request, let's get you up as well. -I just invited him. -That'd be good. -Cool.
Ready Rich, would you like ready player to come up as well? No, I'll just chat from this account.
All good. We're just going to give it like a minute or two just to let people catch up to us and then we'll get going. I'm really excited about today. I'm really glad that you guys are here. We're pretty honored. Thank you.
Q Q waiting music. I know I got to figure this out.
It's like I, I definitely don't want to home, but I can't stand on the dead air. I'm really ready to go, but I'm going to be a guy who's right. I need an elevator. Come on. Come on.
you got some small talk for right? By the way, Ray, I can see they're here. You still have to ask for the speaker access man. Or are you still looking for a mic that could be the case? I'm unsure.
Alright, we're gonna do one more minute. Let's see.
So everybody retweeted out so we can get your guys in. I really am interested in what everyone can be saying today. So when I get to the the Bronis audience, these have really been fun.
And so I expect today to be no different. Awesome. I'll share them in our telegram chat as well right now. Awesome. Thank you so much. Now this is Marco.
- Right? - Yep, awesome, okay. - I will get to the-- - Here comes Rain. - Awesome.
So, Mike, are you ready to go or want to wait a few more seconds? Let me know. We can wait a second. All right. I mean, we can just start with casual chat. How's your day, Go, Michael?
Oh great started early. You know I was happy because I won my fantasy football game this week so. Alright you know it's a little things. It's a little things. How about you Rich has your day going so far sir?
It's going great. I also won my offensive up probably. So also the sports bets are doing good for me to speak to. Are you guys are you trying Fandall or are you doing decentralized betting? I use I wanted to know the site but I use this
Oh, I'm sorry, that's right. That accepts script, though, which makes it easy. Getting things in and out. Very cool. No, that's right. Do not do any advertising without payment. Sorry about that. What about you, Marco? Yeah, my name's been Goods. I've just been, let's just say clear love, work,
had to be done. It's not the fun stuff, a lot of like paperwork, things like that, also some personal text things. So it's that kind of season here. So yeah, just an administrative day, I would say. Oh, wow, text season. All right. Dread it word, the tea word. He's coming for me too. What about you, professor? How's your day going?
Well, one thing's for sure. I'm not really a big fan of sports, so no fantasy football for me. So I guess it's a business as you go make money. That's okay. A day making money is still a good day. So, hey, Mike, you want to get going?
Let's do it. All right. Well, good morning. Good evening. Good afternoon. Good day to everyone. Thank you so much for joining us. The plan of Mojo for our space. These have really been some great spaces that we've had and today is going to be no different. We've got a great roundup for you. We are going to be honored and grace by
We've got Marco from Merritt Circle and Professor from Merritt Circle as well. We're definitely going to get into their introductions, but I could not go further without mentioning them. My name is Kendrick, and I am, I don't know, I guess I head up community for a planet.
Mojo kind of utility player. You guess. I guess a little bit of this. I hope so. I'm also joined today by our illustrious leader, Mike. Also known as you ain't seen nothing yet. Levine on the ones in two.
Oh, nice to have you all this morning. Just want to let you know that we will continue with this. We're having spaces all this week. There's lots going on in the world of Planet Mojo. These spaces are really just to to chop it up with some of the leading projects and games and web
three and again we're so proud to have our guests that we have here today. We'll be doing this again tomorrow tomorrow will be at 4 p.m. Eastern with crypto stash himself. And so yeah, please feel free to come on back and stick around. We've got a little pre alpha for you guys at the end of the session.
But before I roll into this introduction, everyone has to answer an ice-becker question that's in our host, excuse me, that's with us today as our speakers. So I'm going to start with you, ready? The holidays are here. What's the one gift you want this year, sir?
Oh, that's a tough one. I think it'll definitely be a fun addictive Web 3 game to go live. Nice. To win the Planet Mojo charity.
That's that's what I want. I did a practice from last night. We'll have to laugh, Father Christmas. No about that if that's I'm gonna switch up the order a little bit. How about you, Professor? What would you like for the holidays as your one gift this year, sir?
I'm gonna apologize if the people I'm gonna play with aren't gonna get their gifts if they want to win the tournament because I am the one that's gonna get that smack talking early all right got 11 got 11 How about you love that love and how about you Marco what's the one thing you want
this year for the holidays.
Marco, please introduce yourself and your journey into blockchain and web 3. Flores yours. All right. Well, that's been quite a journey. Yeah, so my name is Marco. I'm one of founders of Merit Circle and I joined Script So back in 2017.
Yeah, like I said, it's been quite a journey. I joined early 2017 when I really just starting to look at alternative currencies and investments, things like that. Good friend of mine pointed me towards the Bitcoin direction and I think it's safe to say that from there I went down
the rabbit hole. I've always been a big gamer and so yeah I think while studying crypto I always continue to play PC games mainly and yeah I would say all of that came together when action infinity kind of hit it off so to speak joined that in 2012
20 less here that just really exploded as most of you know. But also I'm just curious to learn more about the industry and see where it goes. And so at that point I started my own guilds and that's quickly I would say translated together with some amazing people in
to what is Merit Circle today and we've quiet, I would say, changed and shifted gears ever since and just looked at other opportunities within the Web Tree Gaming Space as well. But yeah, like I said, it's been a long, but interesting journey and very excited to see where this is heading. So yeah, that's me a little bit by myself.
That's awesome, Marco. I would say that your friend you got you into to Bitcoin. They're probably your best friend, but And love to seeing how how merit merit circle is evolving and changing with the times you guys have been very
fluid with everything that's going on in the market. So thank you. Rich, let's throw it to you, sir. An official introduction and your journey into blockchain in Web 3. Yeah, ready for your Rich. My introduction to Web 3.
I guess I got into Bitcoin back in 2014. I have an email that I always look at and tell myself I need to learn to hold rather than trade and play around. But my entrance into Web 3 Gaming was similar right to Acton Fingy.
you know, salt was happening in the space and realized that, you know, this could change, change gaming. As we know it right with the ability to transact the peer-to-peer application hosting on Ethereum, like the trustless ledger, etc. etc.
And wanted to be a part of it at a larger level. So got together with a bunch of people in the space and we started Ready Player DAL and are looking to elevate the Web 3 gaming space and help in any way shape or form that we can.
Or Richa, I have to tell you, I love everything that you, the balance that you bring into our industry, into the gaming industry. You always have a really balanced view on everything, so it's pretty cool.
cool to listen. Also, you have the name of one of my favorite movies, Ready Player One, which I have that on repeat HBO hates me. They actually took it off, which I was very disappointed about.
Thank you for being here. It's such a good movie and thanks for the kind of words. Awesome. And definitely last but not least, Professor, please give us an introduction of yourself and your journey into blockchain in Web 3.
Right, so I am professor, but more people call me rain, of course. I am the head of community from Red Circle. And I guess if you can count buying Bitcoin on a centralized platform in 2018 as the start of your blockchain journey, then I guess that's that. But the more in the
up the journey that I had started with Axi and Fini, similarly. So I just started as a gamer there and played the game competitively, also started my own scholarship program of sorts and then one thing led to another and I am now a part
of Merit Circle. So I guess that's the short story of my journey. Not a short story if it's interesting. And you actually both you and Marco bring up a really interesting point and Rich, I'm ready, Rich, Axie. So I just want to kind of like pay some homage to the OG in this space. They've had their
and downs, but they've been a really great use case on trying to just map out this new frontier of Web 3 gaming. So we're going to give honor to OG today. I don't think I'm going to let Mike escape this question. There could be some people in the audience who are not familiar with
you. So why don't you introduce yourself and which figure journey into blockchain in Web 3? Okay, sure. My name is Mike from Planet Mjome Mystic Moose. Boy, my journey into Web 3, well, yeah, I told this story.
times. But I've been gaming since the early 90s. I worked at LucasArts and you know I sort of always tend to gravitate towards new technology and trends and cutting-edge stuff and that's what sort of cut me ahead in the early days at Lucas and
We got into my former company, Happy Giant, augmented reality and virtual reality very early as well and kind of rode that pony as far as we wanted to, I guess, working with some big companies and while we were making our VR game that's
still out there for the quest. Sam and Max this time it's virtual which was based on amazing IP I got to work on way back at Lucas but we were making that game that's when I really I had known about crypto kitties and almost jump in then but can't go back in time and just when I started hearing
about NFTs and then diving deeper into the game side of it. But what then we called blockchain games, now we call Web 3 games or whatever we'll call them. But just started, you know, just became utterly fascinated with it and what it brings to gamers, developers,
community all aspects of gaming I just thought was clearly the next paradigm shift in gaming and we wanted to get in early and build something goal so that's how it all happened. Awesome well thank you for as well for your comments I'm gonna kick it back to you right away Rachel
Can you please give us an introduction of your your your guild? I mean it's so much more than that, but please tell us about Ready now Yeah, ready ready clear now like what I mentioned is a you know blockchain gaming with regaming now focus on elevating the space and the way we do that is
through community content marketing and investments in the sponsorship. So those three pillars which I think are complementary to each other. But with content marketing, you know, we've signed a six seven alistraza, we've combined like 2.8 million viewers across
There are socials and those are traditional gaming viewers from TCG, mobile AR gaming genres which we specifically chose them for to help elevate some of those games that we think will be first to market and help to expand there.
Also, we try to invest in the different games that we think are doing things the right way around the space. And as well as partner with them, if we aren't able to invest with them. And then finally, build a community around
those games and what we're doing with those games and the events and benefits from our investments and our partnerships with those games. So it's kind of where it comes full circle and the way we see it is games need to very high level
things to be successful, right? Attention and retention. So we're trying to help as much as we can on the attention side. And then we leave it up to developers and publishers to make sure they have the retention side covered. That's awesome. Thank you so much. Marco, please tell us about Merit Circle, sir.
Yeah, absolutely. Yeah, so I think Merit, I like to explain it in two phases almost. Back when I started it was just the scholarship guild. I mean, we were doing actually in Finnish scholarship, we were basically renting out axes to players who played a game.
I got a piece of the pie and they would ultimately do so in other games as well. That's the initial model I had in mind and that we executed upon. Then it was actually called Acti420 because I have 420.e, so I figured that would be funny.
I would say later in 2020 we decided to take things into the next level and I mean 2021, sorry, and decided to take it to the next level so we were thinking, okay, what can we do? And back then we saw, for example, YGD, we saw a few other guilds arise and just take things to a bit of a broader
and higher skill level. So we did a race, we got a token, the MC token and curated the DAO and that's race exploded, safe to say. So it went bigger than we expected and with that we've also been able to shift our gears and priorities and think of a model that was
bigger than just this color ship side of things. So as of today, that model is, I would say, a very minimum part of what we're doing. We've largely been focused on investments. And I think that would be our main priority. And we're doing different things around that's to basically add value to our partners, such as building
and then a T-Market place that is solely focused on gaming assets and the gamer experience. We're building and just soft launch the gaming platform which is almost like an out-sane aggregator. You can view different, explore different web tree games there, learn more about them.
We're in an FTS, already access to partner games, things like that. So yeah, like I said, we're just doing a lot of things to add value to our partners that we invest in and are continuing to look to do so. That's awesome. And I think your plan for diversification and looking
for opportunities to expand in the gaming sector is like right on mark. At this time I think I'm going to switch it up again. Professor I'm going to shoot you a different question here and would love your take especially whatever you can lend from the community side. And here's a
question, who is the game 3, the Web 3 gamer? We spend a lot of time talking about Web 2 games and how do we bring them into Web 3 today? Tell us in your experience, who are these Web 3 gamers and what defines them?
Okay, this is actually an interesting question, especially now that the general sentiment and the space is, you know, well not that good. So if you ask me to define with the web 3 game, where is it's basically these are people that are in
interested in what the blockchain technology can do to elevate the gaming space generally because of course we are all here because we believe and the possibilities that blockchain technology can give to gaming and I believe that
Even if generally these people are not so hard core gamers or web2 gamers are the fact that you are a believer of what the blockchain can offer then I think that that's why you as a web3 gamer.
That's awesome. Let me kick you to you, ready Rich. What do you think about that? Who is the Web 3 gamer and how do we bring the Web 2 gamer into Web 3? What defines them? Yeah, I would say it's like the first any new
new emerging technology and market right. The Web 3 gamer is probably the curious. It's the way that I found Axi Infinity right. I was kind of getting tired of the same old games. If you look at Twitch for the past two years, the most popular games have
not changed very much on the platform, right? So there hasn't been anything like crazy new innovation-wise in gaming for the past two, three years. And I think a lot of people are kind of just looking for something different. And there's also the mix of the people that we're already in Web 3 from
crypto and an NFTs and stuff that was here before that might have already had interesting gaming that stuck around. So I think it's the current Web 3 gamers like a mix of this like Web 3 crypto investor gamer mixed with the curious that seeing what's happening
happening and wants to see what all the hype is about or all the hate is about because we do get a lot of that as well. So I think it's a mix of crypto and curious. No, I totally agree. How about you, Marco? Who is this Web 3 gamer? How do we attract Web 2 and Web 3?
Oh yeah, these are two separate questions. I think Rich explained it pretty well in terms of a pretty gamer. I think it's something that a lot of us are still trying to figure out as well. I think initially when you would ask last year, you probably, you know, talk more about the scholarship kind of oriented player that maybe wants to
earn something on the side or indeed it's someone that's curious and wants to just discover new kind of games with this new technology if you will. But then if you're looking at okay, we're now at the point where we're looking to have kind of next level games if you will in Web 3 with that.
We're hoping to track more casual Web 2 gamers to this industry. And then I'm talking mainly mobile gamers, but also PC gamers. I think console not so much yet. Yeah, I think it's a simple answer to a difficult question, but then the answer is also not simple, because I think it just takes good games.
to attract this audience and with that also some key industry players, almost like streamers, like eSports teams, things like that that might want to dip a finger into this industry with the webtree game. So I think it still takes time.
But yeah, I do definitely see it coming. It's just a matter of time and a matter of finding those good games and having that fun elements mainly play a role, I would say. I totally think that you've hit the the nail right on the hammer as far as like fun, right? So if the game that you
built this fun and exciting. I think it should be able to cross the barrier between Web 2 and Web 3 that there really is no difference between in if the game in itself gets to keep your attention. Mike, I actually want to throw it to you because you come from a different range of field on this.
are a game developer, you come out of Web 2. What's your observation as far as like who's the Web 3 player, how do you bridge the, you know, over to Web 2? Yeah, well, this is why I wrote this question up because, you know, we spend a lot of
time, talking about how we're going to bring Web 2 gamers in and sort of just want to talk about like the people who are, we call, you know, Web 3 gamers and who are they? And I think like if you ask this question, you know, a year ago, you know, not one of you guys mentioned the word "earn" which is
great. But I think that probably would have been mentioned a year ago. And I still think it's there. I think people who are certain percentage are obviously interested in the speculation aspect and the sort of potential to earn from these games. And I think that's fine for that
to exist if the economies can be balanced. But I think like what's happened with crypto winter, it's almost a good thing because and with Axi and the sort of, you know, even Axi redefining what they are, I think it's at force the whole space to sort of hit reset.
And it's gotten rid of some of those people who are just here just to earn and the kind of thing and I think you know what we're left with maybe it's a little bit smaller but it's people hopefully care about the games and you know that's what we're looking for with planet mojo mojo mayle is people who are obviously into the blockchain side and get the
Concepts of ownership and how powerful that is but before that we just want to people who want to play fun games and you know We've done surveys in our community. It's been pretty fascinating because they're people are you know everyone has met a mass everyone's in the crypto But people still play games for hours and hours a day
So, you know, I don't know that they're sitting there jumping from Web 3 game to Web 3 game. They're probably playing a few Web 3 games, Web 2 games, that's what you know we're hearing. But I think that's going to emerge more and more as just better games start to come out and release into this space.
Now that's really well said. So that kind of like flows into the next question I have. I hear this morning that there is definitely a vein that we that you know between ready player will down in between Merit Circle. I've talked about has been diversification diversification.
within their various communities. And so we do know that the space is evolving. So I want to ask you, Ready Rich, on this concept of evolving, like, what's in the future? I mean, Mike said that this has already crypto winner has kind of like flushed out.
project as this right now but you know what do you see in the future who do you think is gonna survive? Yeah no I think my kid is kind of on the head right like it's it's the movement to building good fun games that people want to spend their time playing and not just because it's earning them money
It's because it's enjoyable and it has like novel aspects of what the blockchain can provide for them. That comes with a meta game that becomes a part of the game no matter what you're building when it's built on the blockchain with NFTs and
So, for the currency, there's a new aspect to things, and that's the trading aspect. And it's not completely novel, but it's done with blockchain, which is a technology that helps protect you and adds to the feasibility of it. So, I was two together.
the core value that is the freedom to transact. Outside of that there's also a benefit of interoperability, composability, traceability through this ledger essentially that's what blockchain is. And I think we're going to see gains that are designed with this in mind that are going to be new
and exciting and fun and that's the difference maker and that's I think the step forward and like how things are going to start to look and how they will need to look for web-due gaming to make sense right because it's not just copies of web 2 games that we slap NFTs on top of it's it's a
new ideas built around the market transactional assets. That's awesome. Yes, definitely. It's expansion, right? We're growing as it's growing and we're learning and making
mistakes and brushing off our knees and starting at it again. Marco, I throw the question over to you as far as that the space is evolving. What do you see in the future and who's going to survive? Those that are going to survive.
right now in a contentment art of ones that don't have to raise additional funding right now. I got some runway. I think that's the short answer. But if we're thinking, you know, longer term in terms of, okay, which actually gonna attract players and what is a good game, if you will, then well, I think Rich just mentioned for
example, it's not just about grabbing a Web2 game, slapping NFTs on top of it, and that's it. I totally agree with that. Whereas on the other end, I do also think that Web2 games work and why it's because the entry barrier kept being reduced basically, it went from
playing games physically where you have to go somewhere to play in your computer to play in your phone. It keeps being easier to play games and Web 3 so far has also added some elements that are difficult, you know, making it more difficult to start playing a game. So I think if you're looking at the games that are most
likely going to be successful. I think there's largely still a lot of web 2 components in there, but then the web 3 part does add indeed in the probability traceability a lot of additional features on there, but also it changes the whole game economy if you will and that's why indeed
grabbing a regular about two games, stopping NFTs on top of it doesn't work because there's a lot to think about. I think the game is that managed to take some of those working components from that to like being easy to play a game. You don't necessarily always need to connect with a wallet. It could be because
a studio wallet for example to make it easy where you can just log into your game account and start playing the game or you could think about multiplayer options. I think a lot of what free games right now is your single player but if they add that fun element in their like module house where you compete against
and you can start hosting tournaments, things like that. I think ultimately these are the ones that win and to round that up, I think also if you do talk about tournaments, then there are two web3 has actually a really good benefits and opportunity to offer, which is using digital currencies already. So if you then think of
about eSport price as things like that. It's easy to distribute, it's transparent. Yeah, I think it's just going to be a mix of all sorts of games just as long as they have those elements, if you will. No, that's perfect. And Professor, I want to throw the question to you, but kind of a different bent on it since you had up
community, you know, as you are evolving, you know, how do you keep your community moving and evolving with you? What's your take on this? Right. So I think Rich and Marco have already mentioned a lot of things regarding games, taking
of blockchain technology and all that. But in terms of the gaming community and the people and the community themselves, so of course we said that first fundamentally the games that they are playing should be fun, right? And so of course we I think we can agree that there's not a lot of those things that
we can see right now in this space. So in terms of activities, in terms of events that the community, gaming community members can participate in, so believe that you can, or well at least we believe that we can
inside the gamers in people like by hosting events such as tournaments and all that and I've seen this in many different um doubts that are similar to us as well so previously of course everyone started with the XEN
a scholarship model, renting out NFTs and all of those stuff. But now, the house are pivoting away from this model and really more of hosting events, particularly with Web2 games as well. So we've been seeing a lot of what mobile legends, tournaments,
you have to mention all that so primarily just because these are the games that are fun and easy to play right now. But of course if we see when three games that have these certain characters, then of course that's going to be the next thing.
I also might completely agree. And these are all really great comments. And again, just kind of like foreshadowing what where and what's going to be happening in our industry. So at this time, I actually for our
speakers might you can do it too. I want you guys to pull out your crystal ball as it were because we're going to do a little prediction time. I would love an answer from all of you all. Where do you see game three, Web 3 gaming
going in the next 12 months. We'd love a prediction. What's going to happen? Some iteration, disruption, disruption with traditional gaming. Just give it to me. Where do you see we going in the next 12 months? I'm going to throw that one to Ready Rich.
Yeah, I think I think we're gonna start to see it's probably gonna be like exactly 12 months or now, but start to see some of These games finally come out of beta and go to live and really be put to the test and I think with that we'll see another
another larger adoption cycle and in gaming itself I will speak to the broader crypto market because you know who knows what happens with that landscape but I think when I say like another job I'm talking about in
I think there's going to be more larger acceptance of the ones that are doing things right in that and that makes sense.
excited to see like December of next year whose grand novel idea kind of starts to take shape in and you know it's bring a new audience to the web 3 gaming space right.
Awesome and we're ready for we're ready for them to come in Marco same question you sir What do you see in the next 12 months? Yeah, I think relatively speaking 12 months is a pretty short time. He's talking about gaming I think a lot of the games especially months that we're talking to right now our game
games that are still relatively early on in the development. I think some games might come into alpha, some might come out of beta. I'm not expecting any massive changes yet within a year, but I do think it this year is going to be a building season. It already has been this
this past year and I think next year looking just at the macro economics, I think from a market perspective it's going to be the same. I do think the benefit that the gaming industry has is that people will continue to play games no matter what the market sentiment is going to do. So I think as we're going to see more games
launching playable versions. We'll also see indeed an increase in daily active users, monthly active users, people that are actually interested in playing those games, not just for the burning component that we spoke about a little bit earlier, but rather this next generation games that have the benefits
off that tree, but it's focused more on the player experience. So yeah, 12 months again, relatively short time, but I think it's going to be an exciting one. I couldn't agree with you more in professor. What's your prediction for the next 12 months? Yeah, I think I'm going to agree with Marco that 12 months is relatively short time.
but slide on to that. The player base or generally the users in our space, I believe, there's a very evident correlation between what's happening and the general crypto market, the general crypto winter that we're experiencing.
right now you add to that the just reason stuff that we had to go through in this phase. So I asked me for the next 12 months I'm not really too optimistic about the number of users going up that much. I would say that since most of
the projects that are still under development would be say in their beta phase or in their really early stages, the users that we have now would probably be the same people that we have in the next 12 months primarily because we would we want
own board people right from web 2 or from people who have not yet you know have their um that's with crypto yet but given the current state of affairs and the crypto space that just is going to be very challenging because a lot of bad stuff
a lot of bad news is having, you know, if I'm a mainstream person and I'm not really into crypto and I hear all about these stolen funds, I hear about all of these bad things that are happening that are crypto related. So that's really just discouraging. So if it continues to be this way or if there's no
really good news that would want more people to be curious about crypto and blockchain technologies and as far as user-focusing and I would say that it's going to be relatively the same. That's my prediction. Well thank you for that. And yeah that's a sobering thought. I mean the crypto industry we've
taken quite a bit of some hits in the last year. So I think confidence has been, you know, has been shook and so it's going to maybe take a while for people to get back to that. But games always leave the way. Go ahead, Mike. Can I give my my slightly more? I was going to throw to you absolutely.
Well, my first prediction was that SBF becomes a professional LOL player from jail. No, I think actually in 12 months, first of all, I think that
mobile is the key to mass adoption. And I think Apple, even though they clearly don't understand blockchain yet, they've opened the door with their guidelines. And I think over the next several months, that's going to be worked out. I mean, if you've been in games, you've seen this before.
with Apple, they're pretty we hope receptive to changing their new policies and understanding the space a little more. And I think the companies that realize going to mobile compared to the ones who have sort of placed their bets on these giant mega triple
games because there's no sign I hate to break it to you that steam is gonna allow you know games within ft's anytime soon right so it's really limited distribution which is the key and marketing and I think that's why I feel like mobile is the gateway and I think
smart companies who come out and mobile in the app stores have the possibility to bring in massive adoption with the right kind of games and the right kind of flow and onboarding where a huge chunk of these people will be playing these games and I
even realize their crypto back initially. And I think a small percentage of those people just like free to play are going to get interested in that and discover it. You know, if free to play game, typically you get like 2% of the people playing, that's a pretty successful game. If you can get 2%
percent of the people moving over to crypto, I think that can be insanely more successful. So that's my slightly optimistic view today. Well, thank you for that. And, um, well, everything that you guys have said is great. I see the balance on both sides and definitely it's
never boring here in the crypto space. So I'm I'm cautiously optimistic about what's going to happen in the next 12 months and moving on. Listen, we will actually want to take some questions from the audience now. You all have been here with us and we want to recognize you as
kind of like our fifth speaker. So if you have a question, go ahead and raise your hand and Mike's going to be looking out in the audience for you. And while I turn this over to what I'd like to call our hot take session, this is where we can be as spicy as we want to be or just
really want to find out what's your take on what's currently going on in our space and what's your hot take on what's going on. So for that, I'm going to throw that to you, Professor, what's your hot take on what's going on in blockchain or anything in our space? You have the floor, sir.
Huh, hot tape. So I guess right now hot tape could be a lot of people putting or establishing doubts, establishing these guilds and whatsoever, and you know, focusing on tokens and all of those. Somehow
do not understand what the fundamental thing about blockchain tech is. And well,
We didn't really expect the FTX thing to happen and a lot of people were burned, but basically it's also going to be an asset management issue if you are a certain
project and you lose your treasury because you stored all of your funds in FTX or something then well that just sucks for you.
I felt that one. That is true. And to your point is going to come around about what is the true essence of this blockchain that we're all invested in and being responsible for your own assets. And unfortunately, the thing with
F.T.X. It really proved that not your keys, not your funds. I actually, I don't usually jump in, but I'm gonna jump in with my hot take right now because Professor Layton that up so really well for me. I think that Carolyn is in New York and she's gonna roll over everybody. That's my hot take.
I was at the alarm because I promised I wouldn't talk about SPF anymore or because that was a good thing. Okay, no, I appreciate that. Let's go over to you, Marco. What's your hot take? What's going on in our industry?
Well, I think something like it just touched upon. I think what we're seeing right now and this is just kind of proving it. I think the large parties that we've seen falling are the ones that are centralized parties. I mean, things like the FDX situation whatsoever, it would not happen if everything were to be on track.
because you can literally just see if someone's messing with the books, right? I think the heartache to me is okay, you know, it's indeed not your keys, not your crypt, so I think that everything that's happened recently is a perfect example of the key values that we kind of have within the, I would say, core
blocked in Q&A are actually true. I mean, some people might consider it to be over, you know, kind of in the extremes of caring about privacy, caring about having possession over your own funds, things like that. But yeah, I think it's one thing I learned.
I've definitely learned the hard way again with some V5 platforms falling over now is that you just want to hold your assets in your own wallets because you never know when something explodes and I think that we're going to see a lot of parties that have set not to have any exposure to FTX or USD for that matter still.
We'll probably come back from that sooner than later. So we'll see how things go. If I can jump in too, I just want to, what Paul Boyle said is that, you know, one thing I'm very happy with and we put a lot of thought into what we're building with Planet Mojo in the back end is we will never take control of
your assets. We will never take the right to the of your assets. A lot of games are doing it differently. It's like, "Oh, we'll just take them away or play in the game or something." But we sort of set up a sort of two-tier system where you always maintain and custody and we can sort of understand what you own and then bring it into the game to let you to play.
And I'm sorry so need to all right on to play. I mean only if you choose to yep
That's awesome. And, uh, ready, Rich, what's your hot take? Yeah, I think, uh, I think, uh, I think I've been some, some spicy takes. Yeah, I think one of the things that was learned during the like, I see a kind of bubble that we had in 2019 is like, not everything needs to token.
I think I've seen a lot of infrastructure tooling and all this other stuff, starting to get up with the token and it's kind of the question that begs to be asked is what is this token for? I think we're going to have to learn again, especially
a bear mark is when you learn this lesson the hardest. If there's little to no utility for the token, you have to ask yourself why would anybody be holding or using set token? And that pertains to games as well. So there's a lot of tokens that are stood up that didn't make sense.
and the economy ecosystem and those are the ones that we've seen kind of fall flat or just have like really shallow use cases that ended up getting exploited because of simplistic game theory issues. So my hard take is like
Be careful with tokens that you buy and make sure you understand why you're buying them what they're used for and what they represent No, now that right there is like some sage-waste utility and you know why am I buying this? token and moving away from speculation. I totally love that
I mean if I can jump in on that too really quick I just like to us that you know we've always Planed to like wait and launch a token with the game and obviously now with the market We're just being really patient, but like you know ever since I got in this phase I just thought it was a little bit backwards that you know people would launch tokens at the beginning
beginning, you know, when there was nothing and no pride. And I got it as a good funding vehicle, but like you look at the stock market, which obviously is far from perfect, but at least it sort of like made more logical sense that a company would go public typically when they built up all this, you know,
and company and sort of have that momentum and sort of going public is more at the end of the journey and people who do own stock or whatever are realize that and are patient to sort of hold on to it for the long term and just from a logic standpoint that I made a little bit more sense to me.
Yeah, you're something that someone mentioned to me a while back was
Just like IPO is an exit for equity holders, token is an exit for the people that are dropping the token, right? It's the way to get the money that you're holding the company for.
That was a double-cloth average. You were preaching there. So it doesn't appear that anyone has queued up here for Q&A. Oh, you do. OK.
We still here KG and Stephen's for waiting and while you're looking at for that I actually just want to acknowledge that Jonah has come into our space. We want to acknowledge your presence as an OG and
in the space. Thank you for being here. >> I'm going to do a hot take if he wants to talk. >> That would be great. So if he puts in a request, why don't we get that sorted? And KG, why don't you unmute yourself and go ahead and ask your question.
He put that request in a while ago. So make some make. So make. So make. So. So all right. Um, did you have anyone else who had a question for your mic?
Um, no, we got no questions. All right. So this is, oh, actually got an unmuted mic. KG, come on up, ask your question. Yeah, sorry about that. I actually hit it by accident. So I'm just glad to be in the space. We know Mike, you know,
Well, thank you for that. We appreciate that.
So why don't we move on? Because this is another topic that I absolutely love. You know, this is what I call hype time. So I would love for our projects here to go ahead and give us your best shield, promote your upcoming events, what's going on in your world.
world. Why don't we start with Merit, Merit Circle? What's going on? Yeah, I mean, I got something that might be exciting and it's pretty exciting for a more your community as well. I mentioned it earlier during this session. We've just so launched our gaming platform.
It's a really good tool if you want to discover multiple web 3 games, learn more about them. You can use that. But at the same time I also mentioned it's also your place to get early access slots to games, win gaming NFTs etc. And yeah, we'd love to do that with Platemodio in the near future.
features well. Is that sphere? Is that sphere? That's not sphere. It's the game marketplace. We've decided to hold off and launching that right now, at the end of the year. Initially we were thinking of it, but instead we're just
the features that we have from just making, well, I'm reaching the experience further, but the gaming platform is something separately that actually has rather than the goal to sell assets. The goal is to educate people about different web 3 games, but also to reduce the barrier for them
to try them out by being able to win those early access slots and NFTs. So it's a good tool, good hub to be around and we'd love for people to check it out. That's awesome. Thank you very much and we will be checking that out. How about you ReadyWitch? What's going on with ReadyPlierDow?
Yeah, so we're starting to do a lot of content and we'll have some bounties going for content creators that want to jump in on the journey. So I would say if you're a creator or if you want to keep in touch with what's going on with the gaming space, give us a
follow, keep your eyes peeled, join a discord. Thank you very much. And that's awesome. It seems like I'm hearing this in some of the different spaces that we've gone about, this creator, content economy that's emerging. And of course, you're standing on the cusp of it. So that's really awesome and really acknowledging
those who are going to be helping to push forward Web 3. So thank you for that. And I don't know. I'm not going to push you, Jonah, but I don't know if you want to unmute yourself or come up as a speaker and and and show what you've got going on in your world. So maybe we'll take a second to if you want to request on that. But my
It's your time. Yeah, why don't you show? Yeah, but no, I mean the big thing I guess is that this Friday, you know, we're having what we'll call you can watch and then play Mojo Mayway
first is our big KOL charity Smackdown tournament which ready player riches on the professors on and several others we've been announcing one a day so keep your eyes peeled on Twitter that starts 10 30 UTC Friday
We can tune into our Twitch and Discord to watch and be part of it and then about an hour and a half after that That's when the play tests will open up again run all weekend. We had an amazing play test last weekend Found lots of issues, which you guys helped us with which was amazing and adding
And that happens in games when you add new features, which we added a lot to it. And so we're looking forward to this version's release this week's release. And yeah, don't forget about the Pokestarter game award nominations. And tend to, if you want to give us a vote, that's also Wednesday.
Awesome. Thank you. And as Mike also said, as far as our 2022 charity SmackDown tournament, so far, who has been revealed, it has been Ward Elon has been revealed, Bryson, Mustafa from Polk who started gaming, crypto staff.
I'm really looking forward to this tournament that's about to happen. But we're looking at the hour. I don't want to keep you guys any longer. I really want to thank everyone for being here.
our audience members, our speakers. Thank you for taking time out to share your take on what's going on and what's going on in our space and how you all are driving things forward to mass adoption and just being a better place on behalf of the Planet Mojo team.
We're proud to be able to bring a game to you that we know is fun that we hope that you think is fun. Please join us as Mike said to watch the tournament which I am thinking that just so much people are controlling themselves but so much smack talking is about to happen
It's going to be epic the amount of shit talking that's going to happen this weekend. And so I'm really looking forward to that. And I want to thank you again for being here. And tomorrow tomorrow at 4 p.m. Eastern we get to do this again with crypto stash.
So please join us. But again, on behalf of Planet Mojo, we thank you and we are done. Thank you, Michael. Yeah, thanks. Awesome. Thank you. Thank you very much. Thank you very much. Thank you very much. Take care everyone later. Thank you. Bye-bye.