Michael Rubinelli of Wax Studios Drops Thoughts On Blockchain Gaming

Michael Rubinelli of Wax Studios Drops Thoughts On Blockchain Gaming

Blockchain Gaming News
September 16, 2022 by Diana Ambolis
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Rubinelli believes that wax studios are constantly trying to figure out how to take web3 technology and not necessarily bitcoin pricing, which a lot of times people get confused about. Still, the beauty and strength of web3 as a platform is that it is open and permissionless. The goal is to enable players of Blockchain
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Rubinelli believes that wax studios are constantly trying to figure out how to take web3 technology and not necessarily bitcoin pricing, which a lot of times people get confused about. Still, the beauty and strength of web3 as a platform is that it is open and permissionless. The goal is to enable players of Blockchain gaming to control their in-game assets and do anything they want. If they sell them, trade them, give them away, utilize them, or let them sit on a shelf, eliminating the walled garden is entirely up to them.

“We believe this is a strong asset that every player on the globe will desire sooner rather than later, therefore we’ll create wax studios and create experiences to take advantage of the fact that purchasing an NFT on a secondary market to put in your wallet is not always simple,” explains Rubinelli.’

The problem for many of these organizations, these thought leader groups or these tastemaker groups, is to persuade people that the onboarding process is not that frightening and is relatively frictionless, at least in theory.

He is aware that not all wallets and markets work in the same manner as the wax ecosystem, but wax studios have designed a web two-consumer interface, so newcomers are not overwhelmed when they first enter.

Wax studios don’t necessarily want miners to open wallets, so the first thing wax studios must make clear is that when you open a wallet, you’re opening something that is commoditized and, in many cases, secure. Wax studios try to avoid it being security, so they don’t refer to it as such, position it as such, or advertise it as such.

Also read: What to Anticipate From the Royal Mint’s New NFT Collection?

The difference between free-to-play and web3 gaming is that free-to-play is a misnomer.Yes, there is no cost, but wax studios know that people spend a lot of money, and the most popular live free-to-play games cost hundreds of dollars, so they are not free to play.

Wax studios conduct 25 million transactions daily, and since its blockchain is built on delegated proof of stake rather than hashing power, it is the first carbon-neutral blockchain in the world.

Wax studios welcome people to challenge us on our echoes of friendliness. Wax studios have all these third-party governmental-bas certifications that back up nfts with utility and value and scarcity, and then how do you take that construct and place it in a paradigm where there’s not just this inflation of all these assets so that there are now a million of these items for sale on the market?

He further added, “As a player, my whole life, and a game creator my entire career, dealing with intelligent and dynamic NPCs has been the holy grail, if you will. However, you must remember that when you interact with an NPC or any other item in the environment, they follow a set of rules or a script.”

And there isn’t this wide-open dynamic where you could have everything you want; you need to program a basic set of rules, and it will think on its own; when this happens and becomes a reality, all games will alter.

If you have a system with really robust artificial intelligence and machine learning, the game or the code can look at you as a player and determine, for example, that you’re at this level, that you’ve purchased these items, or that you’ve defeated these types of monsters. It can build up a sort of persona as you play.

“We deliberately eliminated them to earn their absence from our vocabulary because it’s so dangerous, unhealthy, and unsustainable,” says Rubinelli. Further, he added, “If you’re making a lot of money, that means a lot of other people are losing a lot of money, so you have to be careful about the paradigm and how you position it and attract people.”

Rubinelli knows that many women are playing free-to-play mobile games and Facebook social games, so he would not say there is an increase in women playing web three games because wax studios haven’t figured out how to give them a paradigm that pulls them away from free-to-play mobile games. As a content creator, he must give you better use of your time.