Speaking Of Crypto

072. Matias Nisenson on Why Blockchain Gaming with NFTs is changing the gaming industry

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Synopsis

The crypto space often asks what is the killer app? What is it that’s going to catapult crypto into the mainstream?   The killer app might be gaming.   Gaming is huge. Worldwide, it’s expected to be a 152 Billion Dollar market in 2019. And it’s only getting bigger… fast.   “Fortnight is registering half a million users per day… and that's exactly 20 times the total amount of wallets with dai on them.”   Matias Nisenson and his co-founder Luciano Bertenascotook a leap of faith, 18 months ago, that the technology they knew they would need would be there, when they were ready to launch and it is. So they’re using the Loom Network’s sidechain technology on the Ethereum Blockchain.   Their game Crypto Wars is revolutionizing the gaming model. Instead of players buying skins or guns or other assets that only they can use, the whole game being built on a blockchain using NFTs allows users to purchase, unique, valuable, tradeable assets.   Because these assets are unique, and therefore scarce, they will go up in valu