RE: Why I Believe Gaming Is A Pivotal Part To Growth For Crypto
You are viewing a single comment's thread:
What if those in game currencies actually provided you with value as you earned them in the game.
I developed a business plan to do just that a few years ago, as part of a competition, while I was finishing up my PhD in entrepreneurship.
I won 3rd place, but did not have the bandwidth at the time to pursue it further.
(Side note: George Gilder, upon reviewing the plan, remarked: “I think your proposal is ingenious and impressive.”).
In fact, the genesis of the idea behind that business plan was the direct result of me trying to solve what Gilder refers to as ‘the Bitcoin Flaw’ in his book Life after Google, about which I have written here and here.
I had incorporated Token Bonding Curves as an up-front valuation method and to provide reserve currency and instantaneous liquidity for early ‘investors’ (this is now referred to as a Bonding Curve Offering, but that term had not yet been coined when I began toying with the concept).
I still have thoughts about dusting it off, updating it, and seeing if it can take flight.
Well It honestly sounds like you had a passion for it at one time. If you have the time and resources now it could very well be worth something adding to your legacy and building your own version of how you feel a solid system would work on a blockchain.
The more minds, products and systems we have running in this fashion the better. It sparks creativity and advancement.
Thanks for your words of encouragement. Yes, I will likely pick it back up, hopefully soon.
At the moment, I have a few other more pressing blockchain-related projects I intend to devote my time to, the first of which involves working toward a truly decentralized DHF.
Look forward to it. Have you on follow so I can catch wind of any posts you make so please keep myself and others updated with articles on the project/projects as you can.