Gaming Tokenomics
Tokenomics | Leaders | Metrics | Engineering
Games shape culture, culture builds loyalty, loyalty builds community, communities build value.
The strongest brands compete on emotion. Games create the strongest emotional connections. All marketing strategies will need to incorporate blockchain game mechanics to retain loyalty.
What did workers of the industrial revolution do with their newly gained free time?
Games have the ability to grow and teach communities of the greater value of collaborating and trading with trustless systems with foundations of shared ownership.
The simplest game in the world is collecting and trading things like marbles, cards etc. Blockchain just means an open market for anything collectible to play the trading and collecting game. Games that require collaborative coordination naturally create collisions where ideas are shared and new relationships are formed.
Economics
Games enable economists to research economic theories in environments that are not life threatening.
The art of the game is to create sticky incentives that sustain healthy demand and enable the capture of value in return for token utility.
Using Crypto to improve Game Economics
Mechanics
What attributes and balance of supply of in-game assets to drive a sustainable economy? Demand vs Supply equilibrium.
Soulbound
With origins in World of Warcraft, a soulbound item, once picked up, cannot be transferred or sold to another player.
The most powerful attributes of a game tend to be soulbound.
In order to gain items of greatest utility and desire you must complete complex challenges often requiring co-ordinating teamwork with other players, otherwise progress in the game is blocked and enjoyment limited.
Goldfarming
Gold farming is the practice of playing a massively multiplayer online game (MMO) to acquire in-game currency, later selling it for real-world money.
Virtual Land
virtual land sales