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NFT CEO Steez and CEO of Cryptoys discuss the future of gaming in Web3 environments

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On October 14, NFT Steezwhich is a bi-monthly Twitter space hosted by Alyssa Expocito and Ray Salmond, with Cryptoys founder, Will Weinraub to discuss the current role of play and games in relation to their integration with non-fungible tokens and Web3 as a whole.

Weinraub believes that the act of playing is “not limited to children” and believes that as adults, “we still crave the element of play throughout life.” According to Weinraub, by developing technology, “play has evolved.” Tokens, especially in games, highlighted this layer of ownership through gameplay.

Technology will continue to evolve “toys”

Weinraub and Kryptoise posit that “adults are just looking for ways to feel like children again.” Keeping the question of “how does play evolve” at the fore, Weinraub says this is the basic principle of his experience as play evolves.

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From action figures to watching his kids build virtual worlds in Roblox, Weinrob emphasized how deeply the internet has spurred development in gameplay and games. According to Weinraub, players are no longer restricted within the boundaries of their neighborhoods or geographic locations.

Weinrup emphasized that the games’ content is “very, very different” and leans more toward “social play,” regardless of geographic barriers when compared to games of previous decades.

When asked about children and young adults’ concerns about comfort level with their digital interactions as opposed to their social interactions in real life, Weinraub acknowledged the existence of this situation. However, he said that while it can “affect some people, it can amplify some of that as well.”

The evolution of games appears to be moving toward more “social play” and, in many ways, can be designed to “enhance communication skills,” Weinraub supposes.

Related: Crypto Unicorns founder says P2E games are in a long ‘mature stage’

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The future of gaming and cryptocurrency

When asked about the role cryptocurrencies and in-game tokens play in blockchain games, Weinraub said he firmly believes that they are an “important foundation for blockchain games.”

A level of “exuberance” was displayed when play-to-earn models were first created and tested and Weinraub commended the pioneers who initially roamed these uncharted waters. The sector is likely to “develop very fertile ground over the next year or so, and Weinraub believes that eventually there will be a “re-launch of token- and gaming-based economies in a healthier and more sustainable way.”

When discussing in-game tokens and their current use, Weinraub noted how the current status of “Web3 اقتصاد Economy based on coding. Regarding the next generation embracing and interacting with the token and ownership, Weinraub described how it is “very important and in the right way.”

To hear more of the conversation, set and Listen Join the full episode of NFT Steez and be sure to mark your calendar for the next episode on October 28th at 12 PM ET.