The Ledger
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Wyatt: Current Web3 gaming product offerings are pretty underwhelming
“I would say the product offering that we have out in the market for gamers right now is pretty underwhelming, right? It's like, here's version 0.5, and that's okay. You gotta start somewhere.”
Wyatt: Gatekeeping gaming against blockchain technology is unjustified
“I just really hate the gatekeeping of the gaming category, because it offers so much to so many people, and I don't know, like, why any of us have any, like, any right to stand on and be like, this has no place in gaming when it is technology, right?”
Wyatt: Triple-A games taking 3-4 years will drive Web3 inflection
“If you look at these games that'll actually create a material inflection in web three, and blockchain in general will be these, like, high polish, triple-a type games that are gonna take three or four years to bake, right?”
Wyatt: Blockchain games will serve a significant audience, but not all games
“Blockchain games is going to serve a significant size of the total gaming audience, but not all of it, right? And nor, I would say, a lot of games have no business being a blockchain-based game. No interest. Doesn't do anything for it. Not helpful. Not product…”
Wyatt: Competitive esports is a tiny share of total gaming watch time
“Which is hardcore competitive esports. It actually represents a very, very small amount of the total percentage of gaming watch time when you think about it, but it is now the most premium and upper echelon, and so it gets a lot of praise”
Wyatt: Gaming startup capital reached an all-time high in 2022
“There has never been this kind of capital being deployed to entrepreneurs in the history of gaming.”
Wyatt: Metaverse transformation will take 10 to 20 years
“We should be very honest with ourselves that we are in, like, the first inning, if you will. Like, we got 10, 15, 20 years of this digital transformation, and we are at the very beginning of it. And so I think it's tempering expectations, like, you know, two y…”