As a seasoned analyst with over two decades of experience in the tech and finance industries, I find Jeffrey Zirlin’s perspective on the intersection of gaming, blockchain, and Trump’s presidency intriguing. Having navigated through various regulatory environments in my career, I can relate to his sentiments about the potential for novel token design under a more crypto-friendly administration.
According to Jeffrey Zirlin, the co-founder of crypto gaming platform Sky Mavis, it’s plausible that blockchain gaming and decentralized finance will see significant advantages during Trump’s presidency.
At the YGG Play Summit in the Philippines on November 21, Zirlin expressed that the field of token design stands to gain the greatest advantage under the upcoming pro-crypto government in the United States.
“You want to experiment with all these ways of adding utility to tokens so that you can distribute tokens via the games and then have people who want to use and spend the tokens.”
According to Zirlin, it was challenging under the departing U.S. administration, particularly with a Gensler-led SEC and other leading Democrats in charge, to create anything genuinely innovative in the field of token design without encountering significant regulatory obstacles.
Essentially, the expansion of the token design landscape is significant, and I’m optimistic about its impact on DeFi and gaming. These areas seem to hold the greatest potential for lasting importance within this industry.
Memecoins are a funnel into crypto games
Although numerous analysts criticize the surge of meme coins as the “most exploitative” phenomenon in the cryptocurrency sector, Zirlin presents a contrasting viewpoint.
“The good thing about memecoins is that they get the people who are only in [crypto] for primarily speculative reasons and are thinking very short-term — it attracts those people.”
To Zirlin, it’s the knack for speculation and a preference for short-term strategies that makes meme coin enthusiasts prime prospects for being among the first players to try out novel blockchain games.
Despite memecoins currently dominating the spotlight, Zirlin anticipates that this trend is quite “foreseeable” and places their bets on legit crypto gaming projects experiencing significant growth in the upcoming months and years.
Trump’s election is great for legitimate projects
At the same time, Zirlin echoes the views of numerous crypto experts, such as Consensys CEO Joe Lubin, who anticipate that a Trump administration’s proposed pro-crypto policies would benefit projects with greater utility.
As a researcher, I shared my insights with CryptoMoon on November 13th that Ethereum and its associated projects are likely to gain the most advantage among all protocols following Trump’s election. My reasoning is that Ethereum stands out as the most mature major blockchain, aside from Bitcoin.
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2024-11-21 08:50