Published on: March 25th, 2021 • Duration: 56 minutes
Piers Kicks, venture partner at Delphi Digital, joins Raoul Pal, Real Vision CEO and co-founder, to discuss the metaverse, esports, and earning money in the digital world. Kicks explains that, over time, more and more of people’s lives are becoming digital—because of this, we see the development of the metaverse. Enabled by crypto, digitally native economies are quickly emerging, which provides opportunities for people anywhere in the world to earn money via playing; for example, this would include the play to earn business model found in Axie Infinity. Kicks explains that some of the problems that exist for monetization in the music industry also exist in the esports industry and that crypto can help address these issues with NFTs and tokenization. Filmed on March 9, 2021. Don’t have tickets yet? They’re still available at http://www.realvision.com/cryptogathering.
Key Learnings: The metaverse is a persistent, live digital universe that affords individuals a sense of agency, social presence, and shared spacial awareness along with the ability to participate in an extensive virtual economy with profound societal impact. Piers believes we are very early in the esports industry, and he expects it to grow a lot in the next several years. There are a growing number of ways for gamers to earn income via crypto.