WAX Worldwide Asset eXchange : Bullish and Bearish Analyst Opinions

The speaker is "circumspect" on blockchain-based gaming, noting fundamental, unsolved friction problems (wallet setup, gas, exchange access) and that early adoption was driven by speculators, not gamers, leading to low-quality games. This friction "took the gas out" of the market, and the "play-to-earn" model created a death spiral. The space now carries a stigma. In the "foreseeable future we will not see anything really exciting come out of that." Growth will come from traditional gaming adopting blockchain, not from native blockchain gaming projects. A breakthrough in user onboarding that eliminates wallet and gas friction for mainstream gamers.