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Cryptocurrencies is a more social revolution than technical one. It helps to spread innovative ideas more evenly across the globe. Cryptocurrencies provide coo

by przeor 4y ago

Cryptocurrencies is a more social revolution than technical one. It helps to spread innovative ideas more evenly across the globe. Cryptocurrencies provide coordination mechanisms and is the "fuel". I'm from Poland, so good example will be gaming as we have CD Projekt (they made Cyberpunk 2077 / Witcher and other titles) here. Their advertising budget is huge and most of it goes to Facebook ads, Twitter ads and other Silicon Valley funded companies. So in order to make a successful title, you need to spend a lot of money on ads. On other side, Axie Infinity in 90%+ spreaded around the globe because a lot of people coordinated to do so because of this cryptocurrencies social phenomena. I'm sure this mechanism will be used, improved over the next years and more "money" will go to "token holders" instead of to social platforms like FB. It's win-win situation for the game/software producer and to the user etc.

Nextgrid 4y ago
Cyberpunk 2077 is a game which you have to buy. People buy it because they hope that the entertainment value they'd get out of it is greater than the price they paid. Axie Infinity is a ponzi scheme with game elements on top. The vast majority of people don't play it for the gaming aspect of it, they play it for the monetary returns.
- przeor 4y ago
  I'm talking about mechanism -> "I'm sure this mechanism will be used, improved over the next years and more "money" will go to "token holders" instead of to social platforms like FB." I'm not talking about specific game. Any game studio has to have a big budget to get out of the door in the web2. It will improve over time, and we will get different favours over time.
nicbou 4y ago
You're describing affiliate programmes. They achieve the same goals with regular money.
- przeor 4y ago
  Not really, with affiliate programmes you need to share ref links. Ref links are spam in various places + you won't be able to share a ref link in a spoken language etc. with people who you don't have direct line like phone number etc. ... and ref programs were super popular 10-20 years ago, now they rather have a bad rap

by przeor 4y ago

Nextgrid 4y ago

Cyberpunk 2077 is a game which you have to buy. People buy it because they hope that the entertainment value they'd get out of it is greater than the price they paid. Axie Infinity is a ponzi scheme with game elements on top. The vast majority of people don't play it for the gaming aspect of it, they play it for the monetary returns.

przeor 4y ago
I'm talking about mechanism -> "I'm sure this mechanism will be used, improved over the next years and more "money" will go to "token holders" instead of to social platforms like FB." I'm not talking about specific game. Any game studio has to have a big budget to get out of the door in the web2. It will improve over time, and we will get different favours over time.

nicbou 4y ago

You're describing affiliate programmes. They achieve the same goals with regular money.

przeor 4y ago
Not really, with affiliate programmes you need to share ref links. Ref links are spam in various places + you won't be able to share a ref link in a spoken language etc. with people who you don't have direct line like phone number etc. ... and ref programs were super popular 10-20 years ago, now they rather have a bad rap