It's Game Time
Marc Baumann
Founder & CEO of 51 Group | The Industry’s Most Actionable Insights on Web3 x AI
Game time for Yuga Labs abs & The Sandbox . ???
Big moves in Web3 loyalty. ??
渣打银行 enters crypto.?
This week's obsessively curated field notes: ??
?? Top 5 Reads
?? Top Stories That Caught My Eye
? Web3 + NFTs
It's Game Time for Yuga Labs and The Sandbox ???
Reality check. Blockchain-based virtual worlds lag in user engagement compared to Roblox 's 200m monthly users (vs. Sandbox’s <100k), with Sandbox’ revenue declining –15% in Q2.
?? Punchline: It's back to the drawing board for IP holders like Yuga Labs and blockchain-based virtual worlds. They now need to figure out how to keep users –?and the community –?engaged. Their bets? Gaming –?not hype.
领英推荐
Unlocking Loyalty’s Future ??b
Loyalty crisis. In 2022, US consumers averaged 16 loyalty memberships, but less than 50% were actively used. Fragmentation and closed ecosystems contribute to this issue.
Rethinking rewards. Brands like 星巴克 , Alo Yoga , IWC Schaffhausen , and others are experimenting with Web3-based loyalty experiences, using ownership, community, and gamification to boost engagement.
??Zooming out: Loyalty is poised to be one of Web3's key apps, as its shared data layer enables seamless collabs across brand ecosystems. Loyalty+ could be an important step towards a universal, Web3 loyalty stack.?
?? Crypto & Macro
The Global Pivot: Everywhere but the US ??
??Zooming out: Regulatory clarity is advancing in Europe, the UAE, and Southeast Asia. Unregulated crypto players face increasing pressure. If Binance falters, Coinbase could be the big profiteer.
That’s all for now, folks. Thoughts?
Back to building! ??
–?Marc
As always, much more in full notes for subscribers!
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Good news indeed! Roblox is crushing it as you detailed. Very cool.
Founder & CEO of 51 Group | The Industry’s Most Actionable Insights on Web3 x AI
1 年?Subscribe for free & join 6,200+ other Web3 leaders already benefiting from weekly Web3 insights: https://link.dematerialzd.xyz/etr? (?? + get a list of all brands in Web3 with project links)
Camuso CPA | Digital Asset Investors | Web3 Businesses | CryptoCPA since 2016 | Web3 CFO | First CPA Firm To Accept Crypto | NFT Sales Tax | Author | Speaker | Podcast Host
1 年Great news roundup.
CMO / Innovation & Transformation / Venture Leader / D2C / Web3 / AI / Brand Strategy
1 年Busy week and another week of companies moving in and out of crypto & web3. Same pattern each week.
Consultoría y Entrenamiento en Inteligencia Artificial Para Empresas. Sales Exec. Podcaster. Author.
1 年Congratulations on the success! Exciting times ahead for your company. ??