Web2 to Web3 App Stores & Gaming | Mechanism Capital, Steve Cho | Web3 Wednesdays Ep. 15

Web3 Wednesdays

Will web3 play nicely with the world's biggest mobile stores & marketplaces? How does gaming fit into the mix, and where do creators stand to gain?
Join Steve Cho of Mechanism Capital, a prominent venture capital fund in the web3 space with deep expertise across gaming, alongside Sam Peurifoy, CEO of Playground Labs and Partner at Hivemind Capital, as they consider the ramifications of web3 entering the dinosaur kingdom of gaming app stores & mobile licensing.
Steve himself previously led business efforts at Apple to understand blockchain gaming and NFTs in the context of the App Store, and brings with him a wealth of experience at the intersection of traditional and web3 gaming. His deep understanding of the broad trends impacting the gaming market coupled with a very nuanced understanding of the exact rules and regulations industry titans hold makes Steve a powerful resource for understanding the rapidly evolving industry.
Steve's Twitter: https://twitter.com/stevencho
Sam's Twitter: https://twitter.com/SamPeurifoy
Kapital DAO's Twitter: https://twitter.com/KapitalDAO
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Listen on Buzzsprout: https://www.buzzsprout.com/2006743/11568650
Watch on YouTube: https://youtu.be/TlWRWH-jbQc
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0:00 - Intro
1:05 - Steve's Background, Apple, Mechanism
2:39 - Rewarded Video Ads, Mobile Adtech
5:55 - Apple and the App Store
8:00 - Apple and Web3
10:08 - Is Web2 Gaming Challenged by Web3?
16:00 - Web3 Still Needs Market Validation
18:10 - Centralized Marketplaces vs Web3
25:45 - Advice for New Builders
30:00
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Sam is the CEO of Playground Labs, a web3 protocol dev organization, and Partner & Head of Interactive at Hivemind Capital, a crypto-focused multi-strategy fund. Follow him on Twitter @SamPeurifoy. Web3 Wednesdays are sponsored by the Kapital DAO, the leading provider of institutional web3 gaming asset management tools.
The views expressed here are those of the individuals quoted and are not the views of the authors' employers or affiliates. Certain information contained in here may have been obtained from third-party sources, including from portfolio companies of funds managed by the authors' employers or affiliates. While taken from sources believed to be reliable, the authors have not independently verified such information and make no representations about the enduring accuracy of the information or its appropriateness for a given situation. In addition, this content may include third-party advertisements; the authors have not reviewed such advertisements and does not endorse any advertising content contained therein.
This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by the authors or their affiliates.
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