Gamers are Entering a New Era of Monetization
“At the turn of the century, the gaming, the global music industry, and the global film industry [were] about the same size. But over the last 19 years, the gaming market has absolutely exploded. <...> It’s larger than the film and music industry combined together,” Chou said, asking “How can making a living doing what you love become more accessible to more people? I believe blockchain is the key to this.” Read More
Highlights
How blockchain technology will provide economic opportunities for gamers across the globe. [0:34]
Kevin Chou shares his background in gaming from Kabam to his eSports team, Gen.G. [1:53]
Statistics about the gaming market and how it’s grown to generate more revenue YoY [3:15]
How blockchain could make monetization more accessible [4:30]
A brief insight into how early game design has scaled from 1 to thousands [4:47]
How EDM artist Marshmallo held a virtual concert in the game “Fortnite” and leveraged that into an increase in his monetized music streams. [5:59]
The ways people make a living in the gaming industry —through making the game themselves, professional esports, or streaming. [7:57]
Why it’s gotten harder to make a living in gaming [8:09]
How blockchain technology will revolutionize the gaming economy [9:04]
Three key economic opportunities in gaming that would be enabled by blockchain [9:13]
How blockchain will unlock real ownership for digital assets, create residual value for virtual items, andturn digital purchases into investments. [10:52]
An example of how you can use blockchain to verify the provenance of digital assets used by professional eSports players [11:40]
How blockchain can capture the value that’s happening in peripheral markets [12:07]
The way blockchain would enable a new form of community economics in gaming. [14:01]
