Why are people earning more on blockchain? Blockchain could slash the cost of transactions and reshape the economy.
How does X-to-earn work? Take play-to-earn as an example. Through the lens of aligned incentives, the concept of play-to-earn games on a blockchain excites venture capitalists. The play-to-earn model on its own is unsustainable. Given the nature and what the business model is like, it creates an unsustainable pyramid scheme-like system where old player are given tokens that is valuable if there is a continuous stream of new players buying afterwhich.
Traditional hedge funds are slowly embracing cryptocurrency investments but are keeping their exposure limited. According to a PwC report, of traditional hedge funds surveyed, 38% are currently investing in digital assets, compared to 21% a year ago.
The following experts share their views on the topics:
– Brian Lu, Founding Partner, Infinity Ventures Crypto
– Anndy Lian, Book Author, NFT: From Zero to Hero
– Anthony Demartino, CEO, Matrixport US
00:00 – Introduction
01:34 – What’s driving the rise of X-to-earn?
09:56 – Traditional hedge funds increasing crypto exposure.
This segment is recorded and produced by The Daily Forkast on August 30, 2022, presented by Joel Flynn for the latest in blockchain & crypto news.