Distributed Ledger Technology (DLT) is the process and related technologies that enable a ledger, conventionally known in centralized technology as a database, to be shared across several entities with each one having its own identical copy. Each entity is represented by one or many nodes in the network that can securely propose, validate and record updates to the shared ledger. The ledger is characterized as immutable as once a transaction is recorded, it is formulaically infeasible to tamper the existing record.

Stories like Fodé Diop's, of how currency devaluation, thanks to interventions by Central Banks, governments and international monetary institutions, have drastically affected their livelihoods are common in some African countries. Such an occurrence reduces the trust that citizens had in their governments and financial institutions.

If you already agree that teleportation means that land isn’t going to be that big of a deal in the metaverse, you may want to skip to part 2 (and catch the last paragraph or two of pt 1).

If you haven’t yet, check out Economic Primitives of the Metaverse 1: Renting and Lending where we lay out the motivation for exploring this topic including a brief overview of the vision of the metaverse, the role of NFTs, and renting and lending protocols within it.

If someone asked us that even just a year ago, we would have played it off as a joke or asked if they meant we should start a streaming career.

With Facebook’s recent announcement, all eyes are on the metaverse. VC interest in crypto-gaming is at an all-time high, and traditional studios are rolling out their NFT strategies. But if we are to crystallize the vision of the metaverse as laid out in Snow Crash, Ready Player One, SAO… there still are fundamental building blocks that must be built and adopted.

This is both an open letter to the 2 Billion gamers out there on why you should give crypto-gaming a chance, as well as an exposition of our crypto-gaming thesis. Despite the hype and the consensus among the crypto community that crypto-gaming is the future, we’ve encountered both nebulous explanations of its benefits and legitimate arguments by established gamers as to why it will not work. We want to address both and discuss through the lens of our personal experiences and frustrations with games symbolic of our 2000s childhoods, six reasons why crypto will change gaming. We hope to propose novel applications or ideas in each section and provide a brief overview of existing arguments.

This is both an open letter to the 2 Billion gamers out there on why you should give crypto-gaming a chance, as well as an exposition of our crypto-gaming thesis. Despite the hype and the consensus among the crypto community that crypto-gaming is the future, we’ve encountered both nebulous explanations of its benefits and legitimate arguments by established gamers as to why it will not work. We want to address both and discuss through the lens of our personal experiences and frustrations with games symbolic of our 2000s childhoods, six reasons why crypto will change gaming. We hope to propose novel applications or ideas in each section and provide a brief overview of existing arguments.

This is both an open letter to the 2 Billion gamers out there on why you should give crypto-gaming a chance, as well as an exposition of our crypto-gaming thesis. Despite the hype and the consensus among the crypto community that crypto-gaming is the future, we’ve encountered both nebulous explanations of its benefits and legitimate arguments by established gamers as to why it will not work. We want to address both and discuss through the lens of our personal experiences and frustrations with games symbolic of our 2000s childhoods, six reasons why crypto will change gaming. We hope to propose novel applications or ideas in each section and provide a brief overview of existing arguments.