Soulbound

One concern with making in-game items tradable is that the ability to trade items can negatively affect the gameplay as people are focused on extracting value from the system or only the players that are willing to pay a lot of money for items can enjoy the game.

By leaning on existing Decentralized Exchanges, we can create highly liquid instant-settling trade markets for in-game assets that didn’t exist in past games. You always needed someone on the other side of the trade in WoW or Runescape. In crypto, with Automated Market Makers, you don’t. 

This is where role-playing games become role-playing economies.

“Soulbound Tokens”, or SBTs, which are principally non-transferable NFTs which can be utilised in a range of ways to realise decentralised identity and consequently begin to bridge web3 tech deeper into human use cases. This has always been the interesting bit to me–the moment where we start plugging humans into blockchains; “the social layer”. Thi... See more

This is when it really started to click to me. I’m not actually interested in fighting and breeding cute virtual creatures. But experiencing an in-game economy built to integrate with the real economy was eye-opening. Felix plays Roblox and loves to customize his avatar, collect pets, and special items his dude can carry around. He’d love to be abl... See more

Now, what happens when you give millions of passionate gamers like this an opportunity to become actual digital homesteaders in a gaming world? A world where they can not only own scarce assets like virtual real estate, tradeable in-game loot, etc… but they’re also shareholders and beneficiaries in the success of the entire digital world itself?