Nintendo was founded the same year that Vincent Van Gogh painted Starry Night. Nintendo started out in 1889 making playing cards

Even though 3.4 billion people play video games—and even though the industry is larger than the music, box office, and sports industries combined—gaming still gets a lot of eye-rolls.

the average age of a U.S. gamer is 35; that close to half (45%) of gamers are women; and that gaming is deeply social.

Blockchain-Based Economies

Modding and UGC

IP Legos

Abstracting complexity is how crypto goes mainstream.

One of the key gameplay pillars is “Access for All”, ensuring that the game is playable and fun with or without crypto

Axie’s economy has an inflation problem (much like our real-world economy!), as more players are cashing out than are putting money into the game.

In the early days of gaming, modding was the original form of user-generated content; modding was the only way that an amateur creator could make something.

Modding is important because it’s a way that creators can directly participate in digital worlds, unlocking the creativity of millions of individuals. It’s a critical piece of gaming, and it’s about to intersect with blockchain economies.

What’s fascinating about many of the crypto projects popping up is that they sacrifice copyright rights, granting everyone the opportunity to build with IP.

In Web2, modding has been a key unlock for tapping the community’s creativity—crowdsourcing creativity always results in more innovation than a studio or publisher or initial creator could dream up alone. Web3 layers in the economics.

the next iconic IP might be community-owned