Best P2E Games

CEO Kraken On Metaverse, Crypto, NFT – 2023

CEO Kraken On Metaverse, Crypto, NFT – 2023

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Jesse Powell of Kraken on the Metaverse and its impact on various domains

Metaverse has become a focal point in the tech industry nowadays with plenty of huge investments already pouring in. Technology giants like Facebook, Microsoft, and Tencent are already in the race to lay claims on the uncharted space of metaverse.

Jesse Powell, CEO Kraken On Metaverse, Crypto, NFT and gaming
Jesse Powell, CEO Kraken On Metaverse, Crypto, NFT and gaming

The immense attention it has got also resulted in a spectacular rise in its mainstream consciousness. Moreover, metaverse realization will also impact cryptocurrencies, NFTs, and gaming.

Jesse Powell, CEO of Kraken, shared his thoughts on the metaverse and liked the idea already in place in several games World of Warcraft, Second Life, and Runescape.

Talking to Yahoo Finance on the subject, Powell said, “People grew up playing these games and I think that this new stage of the metaverse where you have these goods, these virtual tokens, or these clothing or whatever it is [that] you can take between these different platforms, I think is what people are really excited about now.”

As for metaverse’s presence, he said that the idea is already in place in various versions especially in games. He added, “I mean, you could even look at Fortnite as a metaverse — Roblox (RBLX), Minecraft,

Second Life as sort of one of the very first iterations of this. And these are all successful to different degrees and for different purposes and different niche audiences, so I think people are making it out to be something more than it is.”

On NFT’s, Powell talked about its tremendous and meteoric success and attributed it to its quick mainstream adoption of projects like NBA Top Shot and Crypto Punks. Moreover, he also added that the younger generation is behind NFT’s huge popularity because it understands the values of digital stores, and products like avatars, virtual fashion products, etc.

Jesse Powell, CEO Kraken On Metaverse, Crypto, NFT and gaming
Jesse Powell, CEO Kraken On Metaverse, Crypto, NFT and gaming

“I don’t think there’ll be any single metaverse,” Powell said. “And I think it’s the same for Facebook, another kind of proprietary platform where I think they’ll support these blockchain assets and some representation of them in their world, and they’ll all have different rules.

And I don’t think anyone’s going to have a monopoly on this.” Powell further added.

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CEO Kraken On Metaverse, Crypto, NFT – 2023

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SkateX – Game Review

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Gotchiverse – Game Review

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Discover Kaiju Cards: A Unique Roguelike Deck Builder RPG

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Cosmic FOMO – Game Review

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Best P2E Games list 2024

CEO Kraken On Metaverse, Crypto, NFT – 2023

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.