Web3 Gaming Revolution: Navigating Opportunities and Challenges with Devon and Huiling #ep10 #games
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In this 10th episode of Colors of Web3 & Entrepreneurship, we delve into the fascinating intersection of Web3 and gaming. Lam sit down with two industry experts, Huiling Zhao, Head of Asia at Ready Games, and Devon Sun, Head of Business Development APAC Region at Helika, to discuss the revolutionary potential of Web3 gaming. The conversation explores projects that bridge traditional gaming with blockchain technology, such as Yellow Card's innovative approach to international money transfers within Africa. The guests share insights on the current landscape, emphasizing the importance of low-entry barriers (for players), high-quality games, and new experiences for mass adoption. Tune in for an engaging dialogue that navigates the opportunities and challenges in Web3 gaming.
⌛ Timestamps
00:00:00 Episode trailer
00:00:25 Introduction of guests
00:02:40 How Huiling got into Web3
00:04:45 How Devon got into Web3
00:07:10 Hobbies of Huiling outside Web3
00:08:52 Hobbies of Devon outside Web3
00:10:07 Stereotype of tiger mom and Chinese kid
00:11:15 Detailed introduction of Ready Games from Huiling
00:16:58 Current traction of Ready Games
00:18:52 Detailed introduction of Helika from Devon
00:22:13 How Helika obtains the data of their customers
00:24:30 How does GameFi disrupt the traditional gaming and finance industries (Huiling's take)
00:26:57 Huiling's take on why tokens are not required in Web3 games
00:29:43 Devon's take on how GameFi has transformed gaming and finance industries
00:31:24 Challenges in Web3 gaming
00:32:40 Opportunities in Web3 gaming
00:34:34 Huiling reiterates that Web3 game companies can operate without the tokens
00:36:05 How AI enhances the GameFi experience and the potential ethical implications
00:39:16 How AI can help to fight bots, generate contents, and consequences of AI from Devon's perspective
00:41:42 How regulations will always lag behind technology
00:43:49 The ideal Web3 game
00:45:54 Devon's take on the ideal Web3 game
00:47:25 How to onboard 1 billion people into Web3
00:50:28 High unbanked rate in developing countries and the success of Yellow Card
00:52:24 Gaming is secondary to livelihood for unbanked people
00:54:46 Devon's take on how to onboard 1 billion people into Web3
00:56:19 Total number of gamers in the world
00:56:56 How game companies can collaborate with one another
00:59:59 In-game items that can be converted into real-life items
01:01:08 Tokenomics in Web3 gaming
01:04:00 How small game companies can finance themselves according to Huiling
01:07:03 Huiling's advice for entrepreneurs who want to start their own Web3 startups
01:09:30 Devon's advice for people seeking jobs in Web3
01:11:09 What is Web3? Definition from Huiling
01:12:24 Guests' social media handles
01:14:11 Episode outro
Follow Devon and Huiling on their social media:
Devon's LinkedIn: https://www.linkedin.com/in/devon-sun
Devon's company website: https://helika.io
Huiling's Twitter: https://twitter.com/selfmademfers
Huiling's company presentation: Ready Games Overview (Lam).pptx
Huiling's company website: https://ready.gg
My social media if you guys want to follow me:
Twitter/X: https://www.twitter.com/LamWeb3
LinkedIn: https://www.linkedin.com/in/lamweb3/
Website: https://lamtrinh.xyz
If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!
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