Podcast Notes: How Will Web3 Integrate with VR and Gaming?

2023.03.22

Podcast Notes: How Will Web3 Integrate with VR and Gaming?

People can do many cool things on the blockchain.

2023.03.22 - 09:50:46

Web3VR游戏

Navigating Web3 tides with focused insights

People can do many cool things on the blockchain.

Written by: Revelo Intel

Compiled by: TechFlow

On Jonah Blake’s “Real Third Web Show,” Game Fund Partners, Alpha, and new Web3 games were discussed. Joining the conversation were Blake Finucane, Chief Strategy Officer at Pluto Digital; Ian Hambleton, host of Context Podcast from Boy Club Crypto; Maze Theory, CEO of Emergent Entertainment and founder of Powered by Ethos, Output, and Found; and Russ Harding, Chief Creative Officer at Emergent Entertainment.

See the notes below for more information.

PS VR2 Launch

Russ

There is disagreement among people about which VR games are truly powerful.
Forza Motorsport serves as a prototype for PS VR2 but is extremely difficult to play because driving is hard to implement in VR.
In early prototypes of PS VR, motion sickness and disorientation were common—like your head detaching from the camera.

Ian

The biggest issue with PS VR1 was its controllers.
Early VR experiences caused motion sickness due to insufficient power, frame rates, etc.

Jonah

PS VR2 is an evolving technology.

PlayStation Reinvests in VR

Ian

PlayStation has a strategic innovation component within its portfolio.
The pricing means not everyone can buy it immediately—it's aimed at players who want to be on the cutting edge of gaming.
Developing for VR requires completely different skills compared to developing for traditional game consoles.
They need a dedicated team to handle actual development.

Web3 in VR

Ian

Ian currently has no immediate plans to integrate Web3 with VR, but looks forward to future possibilities.
Web3 should exist across everything. It benefits all players.

Russ

New technology and what it brings to players is a shared point of fascination.
Ian believes both fields continue to innovate constantly.
What excites Russ most about Web3 is the community surrounding it.

Jonah

Jonah believes Twitch will also integrate Web3.
What Twitter lacks is a visual component.
Twitch and Twitter face the same problem—difficulty attracting audiences.

AAA in Web3 Games

Russ

Budget helps—it allows teams to create larger environments and assets.
What really matters is the team they assemble and the quality of that team.

Ian

In this context, the team’s vision and ambition are crucial.
Likewise, Ian wouldn’t be surprised if Resurgence’s budget didn’t exceed $15 million.

Release Plans and Roadmap

Ian

Yes, multiple returns are great, but in reality, Ian sees this as a reflection of massive engagement in the space.
How Web3 is integrated into Ian’s game is important—everyone wants to remove the friction of entering Web3, but at their core, they’re building amazing games.
Building community through showcases, product demos, and other offerings.
Ian has already launched ARGs (Alternative Reality Games).

Blake

Freezing is a staking mechanism.
It’s somewhat like playing using on-chain and off-chain reward perks and incentives.
The Gen Zero NFT is the most central and important NFT in the game.
Gen Zero is one of the key pillars of the Parallel ecosystem.
Blake has built an entire story world and previewed everything through ARGs.
Full-time writers ensure cohesion and provide background for all characters.

Russ

The whole purpose of Cryotag is to let the community tell stories.
What Russ has built allows people to participate in the journey.
It’s all about having a loyal community with a clear participation roadmap.

Monetizing the Game

Ian

The reason for using Cryotags and data frameworks is that they allow prices to influence them.
They earn revenue through trading.
Ian and his team will release more NFTs.
People will purchase NFTs as part of their regular gameplay, generating yield. In addition, there are markets and trading.
Currently, there are no near-term plans regarding tokens.
Ian primarily earns money through NFT sales in-game and via market transactions.
It is built in Unreal 5.

Vertical Slice Availability

Jonah

Building a massive multiplayer online game takes years.

Ian

Ian plans to launch a single-player demo close to a vertical slice this year.
Players will definitely see some gameplay this year, followed by further updates.

Q&A

Q: What are the next steps? Vertical slice or more content marketing?

Russ

Focus on the community and refer to the roadmap to keep them engaged.

Q: How much blockchain integration will you push?

Russ

The game itself is at the core of our promotion, but blockchain elements will bring significant value.
People can do many cool things on the blockchain beyond just ownership.
We want to experiment extensively within the game and explore innovative uses of blockchain.

Q: What do you think Web3 does traditionally that Web2 doesn't, and vice versa?

Russ

Bringing people in, building communities, and involving them is fundamentally different.

Ian

Some aspects are the same, others differ—and achieving the best of both worlds is crucial.
What makes Web3 unique is the alignment of interests between content creators, developers, players, and audiences. Shared ownership is what will make Web3 games shine.

Q: What does the Cryotag tier mean?

Russ