Web3’s Killer App Is… | Web3 Daily
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No child has ever walked as much as a member of the family and requested:
“Do you’ve got any liquidity provision instruments in your telephone?”
Nope. The query has at all times been:
“Do you’ve got any video games in your telephone?”
And herein lies a serious drawback throughout the crypto onboarding course of.
Onboarding family and friends is tough sufficient as it’s. There’s a bunch of recent apps, instruments, and phrases they have to be familiarized with, which add friction at each flip.
(Although, with the appearance of sensible wallets and their one click on, web2-style enroll course of, this drawback is on the verge of being solved).
Subsequent drawback in line to be solved?
What do you do with it when you’ve onboarded?
Trigger shopping for and holding crypto over a number of years — whereas usually worthwhile — is kinda boring. And positive, they’ll stake, lend liquidity out, and commerce crypto all within the hopes of accelerating their returns…
However that’s nonetheless kinda boring to most individuals.
Which is why we’re categorizing this newest growth from MetaMask as a “giga-brained transfer.”
MetaMask Portfolio now features a listing of native blockchain video games, that lets customers discover and play video games from throughout the interface.
So the pitch of web3 now goes from:
“You possibly can largely simply stake/lend from inside your crypto pockets to earn ~5-7% curiosity per yr.”
To…
“You are able to do that AND play web3 video games, the place you earn tokens with actual financial worth and gather uncommon in-game gadgets which might be globally tradable.”
That’s a HUGE step up!
