For the co-founder of Reddit, play-to-earn games will be the norm within 5 years


Vincent Touveneau

Cryptocurrencies

January 06, 2022 at 12:20 p.m.

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Alexis Ohanian

© Oli Scarff / AFP

Asked about a podcast, thinking head behind Reddit
gives us his vision of the future of gaming and virtual reality. Alexis Ohanian doesn’t mince words when he says that in five years most of us will play exclusively ” for the win And that video games will be a profitable hobby like any other. He also expects many people to participate in DAOs, sometimes without their knowledge.

In particular, he prophesies that play-to-earn will be the rule, not the exception, and that people will put their virtual identity at the forefront of their lives.

Playing to win will be the rule

Alexis Ohanian is no Nostradamus, but a brilliant entrepreneur who shaped Web 2.0 through the creation of Reddit. In a video podcast named Where It Happens, he is eyeing the Web3 side, an expression that we heard in everyone’s mouths in 2021. His main prediction? Most people will demand that their time spent on games be paid for.

This forecast echoes the success of recent metavers like The Sandbox
Where Axis Infinity
, where players spend time in a virtual environment and earn coins while playing. ” Instead of being bombarded with pubs, it is you who will reap the fruits of your efforts in the form of tokens exchangeable for objects or money », Specifies Ohanian, while joking on the fact that the players of candy Crush
will finally stop wasting their time.

So there is some credit to these predictions, since they are already happening in the real world. The idea of ​​play-to-earn is relatively new, but in 5 years it will be completely standardized.

The rise of DAOs

Still in the spirit of the emergence of Web3, Ohanian prophesies that most people will be involved in a DAO, those famous decentralized autonomous organizations that bring together individuals. The most famous of them tried to buy a copy of the constitution of the United States with Ether (ETH). This type of practice would therefore be commonplace in 2027.

The Reddit co-founder doesn’t dystopia like a Mark Zuckerberg stuck in his metaverse, but some of his predictions are questioning. In five years, according to him, “ people will give more importance to their virtual identity than their birth name “. This may already be the case for many.

Source: Business Insider



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