Traditional firms likely won’t be leading the charge in the next generation of Web3 games — WAX CEO By Cointelegraph


Traditional firms likely won’t be leading the charge in the next generation of Web3 games — WAX CEO

Traditional ideas about gaming, coming from both the firms developing the games and the players themselves, could slow down adoption of Web3 games, according to WAX co-founder and CEO William Quigley.

Speaking to Cointelegraph at a Web Summit panel in Portugal on Nov. 3, Quigley said “trying to build a video game using a blockchain is a pain in the ass,” clarifying that many of the products on the market are based on browsers but utilize in-game digital assets on the blockchain. The WAX CEO added that nonfungible tokens, or NFTs, had given independent developers an edge in gaming, allowing them to conduct presales and raise needed funds.

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WAX co-founder and CEO William Quigley speaking at Web Summit