The Citadel Podcast | The Ins and Outs of a Game Economy

Are you a gaming enthusiast intrigued by the intersection of NFTs, gaming, and blockchain technology?

If so, you’re in for a treat. In a recent episode of “The Citadel Podcast,” Kiefer Zang sits down with Heimdall, the Chief Economist at Citadel, to explore the fascinating world of game economies and the innovative strides being made in the crypto gaming space.

Heimdall’s Background and Gaming Journey

Heimdall’s journey into the world of gaming began at the age of six, with titles like Doom and Wolfenstein. His passion for gaming evolved over the years, with pivotal experiences in games like Age of Empires, Warcraft 3, and Diablo 2, where he gained valuable insights into endgame economies characterised by barter systems.

Transition to Crypto and Economic Experiments

In 2017, Heimdall ventured into the crypto space, heavily investing in VeChain for four years. His interest in NFTs and gaming peaked in 2021, leading to his deep involvement with a game called “wolf game,” which served as a platform for conducting economic experiments and gaining real-time insights into inflation dynamics and economic models.

Citadel’s Vision and Innovations

Citadel, under Heimdall’s guidance, is on a mission to build a decentralised game economy using a DAO framework. The team is dedicated to addressing issues faced by other projects, particularly in terms of governance, token distribution, and economic stability.

Currency Implementation and Economic Considerations

The podcast delves into the challenges of implementing a currency in web3 games and the importance of economic complexity. Citadel aims to create a game with economic considerations embedded in its design, drawing parallels with national citizenship and the elective nature of spending, contributing to a self-sustaining system.

In Conclusion

The podcast concludes with a reflection on the importance of economic stability in both traditional and crypto economies. Citadel’s commitment to innovating in the crypto gaming space with a strong focus on economic principles is evident throughout the conversation.

In summary, “The Citadel Podcast” provides a captivating insight into the evolving landscape of game economies, NFTs, and blockchain technology. Heimdall’s wealth of experience and Citadel’s innovative vision make this episode a must-listen for anyone interested in the future of gaming and decentralised economies.