Can we apply #Web3 tokenomics to real life?
For Web3 Week, Emfarsis director & narrator had a chat with & Rodrigo Etcheto on the panel "Sinks, Taps and Sustainable GameFi":
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1/ In a rich discussion on the sustainability of Web3 game economies, Rodrigo Etcheto, founder & CEO , , founder & lead economist , , founder & CEO & dig into fun factor, asset values, tokenomics & more.
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2/ starts the panel with 2 questions:
* What do you think is lacking with the current way the tokenomics of blockchain games are designed?
* What are the most important things that game designers should consider when building these economies?
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4/ The problem with Web3 games is their simplicity makes them difficult to tokenize, so people tend to liquidate their assets faster. says there is little incentive to hold Web3 game assets.
The result: they become a medium of value extraction.
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5/ : Unlike Web 2 games, #Web3 games are #decentralized. This gives them transparency.
You can turn in-game loot boxes into trustless game features, removing 3rd-party intermediaries & empowering gamers with asset ownership.
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6/ Rodrigo adds: #Web3 games also give players more freedom with their assets, but the value of these assets depends on factors that affect the project they belong to. Concept of value is crucial to determining the asset's inherent value.
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8/ In this clip, showcases her passion as an economist by sharing her perspectives on #Web3 games as complex systems
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9/ To wrap things up, takes a data-driven approach, stating that everything in #Web3 is on-chain, so the different economic metrics can be monitored. Web3 games can be an incubation project for economies in the physical world.
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