🎮 [Analysis] If games drive crypto mass adoption, they will be grassroots – Tony Sheng
Though there is a meme that games will drive mass crypto adoption, it is unlikely that major gaming companies would swap all their assets out for ERC20s and ERC721s. This is because inflating supply allows companies to maximize revenue, thereby disincentivizing them to introduce real scarcity or secondary markets. So if games bring crypto to the masses, they will have different business models that either have real scarcity or economic games at the core such as:
- A collectibles game like CryptoKitties
- An economic/ game theory game like FOMO3D/ Pixelmaster
- A gambling game like EOSBet
The environment for cryptogames is the same as other crypto use cases. Incumbents aren’t likely to embrace it. Mass adoption could happen from this grassroots community if they can find the fun, reduce the pain, and overcome distribution challenges.
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