Some of the biggest celebrities, whether it be sports, music, movies, and in fashion, have all tried their hand in web3. Whether it be NFT, whether they be digital fashion, whether it be digital collectibles, most celebrities who enter this space ended up failing. It wasn’t because they didn’t have the followers or the money. They just didn’t have the knowledge or educate their fans and followers on what this technology is.
Last year they said NFTs were dead in 95% of them were worth absolute zero. But more accurately 95% of them were valued at zero to $50. The other 5% was valued up to $50 onwards up to the millions. The secret sauce is the community.
There’s nothing more important in crypto than your community. Whether you a creator of a meme coin or your releasing an NFT project or your building a decentralized app on a block chain you’re gonna need a community to make it pop. Communities are built in this space by putting in time and learning about what these different blockchain ecosystems can do. Unfortunately people just want to be entertained and not educated.
That’s why I think Web3 gaming will bring in mainstream adoption. It is the one industry that is recession proof. The gaming industry is bigger than the music and film industries combined so their annual revenue is in the hundreds of billions. I think Web3 mobile game companies that introduce free NFT will definitely entice new users to the gaming industry without feeling like their using a block chain base game. There’s a big disconnect between the gaming industry in the crypto industry because of the processing chips such as Nvidia. Eventually, there’s going to be a game such as grand Theft Auto 6, which is rumored to have a built-in cryptocurrency where you play-to-earn gaming tokens. If this rumor happens to be true, then I think it will be a seamless transition from web2 to web3 gaming, and it can literally change both industries simultaneously for the better.
