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Part 2: creating the new frontier – Chris Rempel's Blog
We’ve established that millions of gamers are very willing to invest substantial time & resources into modifying, improving & supporting virtual worlds they care about – even if there’s no monetary return on that investment.
Chris Rempel • Part 2: creating the new frontier – Chris Rempel's Blog
-Revenue Sharing & Royalties (ie Steem)
Chris Rempel • Part 2: creating the new frontier – Chris Rempel's Blog
What if we apply the same profiling capabilities described above towards a different objective: recruitment. And what if instead of looking at purchase behaviors, we look at specific tokens / NFTs issued by educational platforms, academies, talent pools, workplaces, freelance networks and so on?
Chris Rempel • Part 2: creating the new frontier – Chris Rempel's Blog
When you create any app or experience native on a blockchain like Ethereum, it’s designed to instantaneously interface with a user’s wallet – which is just a “key” to their assets already stored on-chain.
Chris Rempel • Part 2: creating the new frontier – Chris Rempel's Blog
A prime example is Fortnite, whose massive 350M+ player base represents nearly the same in-game population as the United States… 85% of whom purchase in-game upgrades, skins, and other downloadable content to the tune of $3.7 Billion /yr in sales.
Chris Rempel • Part 2: creating the new frontier – Chris Rempel's Blog
What this means is that as a developer / publisher in Web3, you’ll be able to build “if/then” processes based on virtually anything that your users have ever purchased, sold or done on the blockchain.
Chris Rempel • Part 2: creating the new frontier – Chris Rempel's Blog
Namely, some of its key properties include an ecosystem where, by default, whatever you create is instantly inter-operable with anything else on-chain, and where there’s a permanent public record of ownership of things like tokens, contracts, policies and a range of other assets.
Chris Rempel • Part 2: creating the new frontier – Chris Rempel's Blog
“Show me the incentive and I’ll show you the outcome”.