🎮 The Founder of Zynga on Web3 Gaming

GM.

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Mark Pincus founded Zynga back in 2007.

And he sold it a few months ago for a whopping $12.7 billion.

Well done, Mark.

Last week, he discussed blockchain gaming at length.

Here are the best bits:

The last gaming cycle was built upon social gaming - playing multiplayer games with other people.

The next cycle could be built on blockchains.

That's because there are more users with crypto wallets (around 68 million) than Facebook users back in 2007 (14 million.)

The best example is Epic Games with Fortnite.

While they've their flagship game, their store distributes games on many ecosystems like:

They've already published a few web3 games like Star Atlas, Superior, and Blankos Block Party.

According to Pinkus, these three things are essential for the success of blockchain gaming:

4. Crypto Gaming is Similar to the Social Gaming of 2007

There were a ton of games that were hit-and-miss during that time.

Jetpack Joyride was a hit game until Christmas came along, and everyone stopped playing.

Mark compares the game to Axie.

It wasn't sustainable, but it showed that there was an interest in the play-to-earn mechanic.

Mark wants a Metaverse built on a decentralized infrastructure.

For him, true platforms are independent and immutable, driven by developers and users.

So he's bullish on an open Metaverse.

And believes the first wave of adoption will come from games.

But not just any games, but mobile games.

$40 million.