Open vs Closed Economies in Web3 Games - Crypto Corner

 One of the promises of web3 is the opening up of in-game economies, and for players to retain some kind of residual value for all the hours they put into a game. In web2, the developer and the platform on which a game is played retain 100% of the economic value - web3 changes this, at least in theory, and allows players to retain an economic interest in their gaming digital assets, both the non-fungible ones - the unique NFTs they own - and the fungible ones - the in-game currencies they accumulate through time spent, trading with other players, and skilled gameplay. In this episode, your host Niko Vuori talks to two game economy specialists - Mete Gultekin (Vader Research) and Kiefer Zang (Economics Design) - to discuss the pros and cons of an open economy design in web3 games. Vader Research: https://defivader.medium.com/ Economics Design: https://economicsdesign.com/ If you would like us to discuss any other blockchain gaming-related topics, do reach out at [email protected]. We’d love to hear your general thoughts and feedback too! And as always, if you like the episode, you can help others find us by leaving a rating or review!TLDListen?: Episode summaryWatch the episode: YouTube video Join the discussion: Naavik DiscordRead more: Naavik DigestWatch more: YouTube channelGo premium: Naavik ProFollow us: Twitter | LinkedIn | Facebook | WebsiteSound design by Gavin Mc Gabe.