Kevin Chu is the founder of Rally, a network for creator social tokens. During an a16z summit, he outlines Rally's decentralized business structure.
Prediction Not checkable as stated
Chou: Blockchain in gaming will unlock digital asset ownership and residual value
“So blockchain technology, when applied to gaming in the right way, will unlock real ownership for digital assets and create residual value for virtual items, as well as in certain cases, turn digital purchases into investments.”
Prediction Not checkable as stated
Chou: In-game blockchain smart contracts let developers monetize secondary markets
“But blockchain technology, if it was applied inside of a game, Would unlock, would solve all of these problems. Players would get a safe way to transact and buy and sell the things that they want. Service providers would have a built-in customer base, and then…”
Prediction Not checkable as stated
Chou: Metaverse fashion will spawn digital equivalents of Supreme
“I think there's going to be a whole incredibly rich category now that you can create true and authenticated scarcity, you know, of fashion. I think the kind of Supremes and other, you know, equivalents will start to emerge in the metaverse.”
Prediction Not checkable as stated
Kevin Chou: Blockchain will enable gamers to become creators and entrepreneurs
“Blockchain technology will unlock the opportunities for them to become creators, entrepreneurs, and service providers.”
Assertion Partly supported
Chou: Only 10,000 of Twitch's 3M streamers earn full-time income
“On Twitch, the largest streaming platform, there's over three million active streamers a month. Out of that, there's only 10,000 that are in Twitch's partner program making a full-time income.”
Prediction Not checkable as stated
Chou: Blockchain will drive an economic revolution in gaming
“Now, blockchain technology, I believe, will open up the next major chapter in gaming, and it's not going to be a computing revolution. It will be an economic revolution.”