Thread by @withmattkim

make money with crypto gaming.

this is called "DeFi Gaming".

here's what we found 👇

🧵 (a thread)...

0/

Your cousin is playing games.

You realize he made $18k last month.

What just happened?

Welcome to DeFi Gaming.

1/

With centralized gaming, the company owned everything.

That rare weapon you found? It technically still belonged to the company.

Thanks to blockchain, players finally have ownership.

2/

Items, characters, and even in-game currency belong to players in the form of NFTs and tokens.

They have monetary value and can even be sold in marketplaces like @opensea and @Uniswap .

3/

This is the play-to-earn model.

Where you can earn real money while playing.

4/

Although this is lucrative, many of these games are not free to play.

Games like @AxieInfinity require you to purchase your NFT character in order to play.

This helps fuel the play-to-earn model.

5/

@brianjcho has a great tweet thread about why gamers are well-positioned to become the true fans of web3 👌

https://twitter.com/brianjcho/status/1459176570174672897?s=20

6/

In the mobile app industry, gaming was at the frontier of innovation.

Similarly, we are now seeing gaming spearhead the crypto industry.

7/ Companies to watch:

@opensea
@GameFi_Official
@AxieInfinity
@YieldGuild
@CryptoGamingUtd
@Immutable
@wolfdotgame
@DefiKingdoms
@CoinHuntWorld
@GoGalaGames
@KryptomonTeam
@StepHeroNFTs

8/

special thanks to @greydient_music , @Ozan0400 , @dkrazey , @CryptoGamer101 , @TCGPodcast2 for contributing your thoughts on crypto gaming!

9/ subscribe to @withsmoothie for more crypto learning!

withsmoothie.com

10/ retweet and follow @withmattkim and @kazsatamai for more web3 ideas/stories/frameworks 🚀