{"id":41865,"date":"2023-01-21T02:20:12","date_gmt":"2023-01-21T02:20:12","guid":{"rendered":"https:\/\/egrowonline.com\/?p=41865"},"modified":"2023-01-21T02:20:12","modified_gmt":"2023-01-21T02:20:12","slug":"nft-steez-and-cryptoys-ceo-discuss-the-future-of-toys-and-entertainment-within-web3","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=41865","title":{"rendered":"NFT Steez and Cryptoys CEO discuss the future of toys and entertainment within Web3"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-5a4050f8=\"\">\n<p>This week,\u00a0<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/podcasts\" rel=\"noopener\"><em>NFT Steez<\/em><\/a>\u00a0met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/nonfungible-tokens-for-beginners\/what-are-nfts-and-why-are-they-revolutionizing-the-art-world\" rel=\"noopener\">nonfungible tokens <\/a>\u00a0and Web3 as a whole.\u00a0<\/p>\n<p>Weinraub believes that the act of play is \u201cnot restricted to children\u201d and that as adults, \u201cwe still crave the element of play throughout life.\u201d According to him, \u201cplay has evolved\u201d through the development of technology. NFTs, especially in gaming, have highlighted this layer of ownership through play.<\/p>\n<p>Weinraub and Cryptoys theorize that \u201cadults are just looking for ways to feel like kids again.\u201d Keeping the question of \u201chow play evolves\u201d at the forefront, Weinraub said this is a core tenet of his experience with the evolution of play.\u00a0<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/15eccf0a-448c-48d6-bca3-f981d4c5199d.jpg\" \/><\/figure>\n<p>Weinraub emphasized how profoundly the internet has catalyzed an evolution in play and gaming, going from action figures to watching his children build virtual worlds in Roblox. Players are no longer limited within the confines of their neighborhoods or geographic locations, according to him.<\/p>\n<p>Weinraub stressed that the content of gaming is \u201cvery, very, different\u201d and leans more toward \u201csocial play,\u201d regardless of geographic barriers, when compared with the gaming of previous decades.<\/p>\n<p>When asked about concerns of children and young adults\u2019 comfort level with their digital interactions in contrast to their real-life social interactions, Weinraub acknowledged that the situation exists. However, he said that while it can \u201cimpact some people, it can amplify some of that as well.\u201d<\/p>\n<p>The evolution of gaming seems to be turning toward more \u201csocial play\u201d and, in many ways, could be designed to \u201cenhance communication skills,\u201d posited Weinraub.<\/p>\n<h2>The future of gaming and cryptocurrency<\/h2>\n<p>When asked about the role in-game cryptocurrencies and tokenomics play in blockchain gaming, Weinraub said he firmly believes that they are an \u201cimportant foundation of blockchain gaming.\u201d<\/p>\n<p>A level of \u201cexuberance\u201d was displayed when play-to-earn models were first created and tested, and Weinraub commended the pioneers who initially navigated these uncharted waters. The sector is likely to develop \u201cvery fertile grounds over the next year or so,\u201d and Weinraub believes that there eventually will be a \u201crelaunch of token-based economies and gaming in a much healthier, sustainable way.\u201d<\/p>\n<p><strong><em>Related: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/crypto-unicorns-founder-says-p2e-gaming-is-in-a-long-maturation-phase\" rel=\"noopener\"><strong><em>Crypto Unicorns founder says P2E gaming is in a long \u2018maturation phase\u2019<\/em><\/strong><\/a><\/p>\n<p>When discussing in-game tokens and their current use, Weinraub pointed to how the present state of the \u201cWeb3 economy is based on tokenization.\u201d Regarding the next generation adopting and interacting with tokenization and ownership, Weinraub described how it\u2019s \u201cincredibly important and in the right way.\u201d<\/p>\n<p>To hear more from the conversation, tune in and <a target=\"_blank\" href=\"https:\/\/twitter.com\/i\/spaces\/1mnGeRBZrDZJX\" rel=\"noopener nofollow\">listen to the full episode of NFT Steez on\u00a0<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/podcasts\" rel=\"noopener\">Cointelegraph\u2019s new podcasts page<\/a>\u00a0or on <a target=\"_blank\" href=\"https:\/\/open.spotify.com\/show\/1xNKu02qDMR0ScYxYZpfsg\" rel=\"noopener nofollow\">Spotify<\/a>, <a target=\"_blank\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/nft-steez\/id1659392693\" rel=\"noopener nofollow\">Apple Podcasts<\/a>, <a target=\"_blank\" href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8yMDcyNjkwLnJzcw==\" rel=\"noopener nofollow\">Google Podcasts<\/a> or <a target=\"_blank\" href=\"https:\/\/tunein.com\/podcasts\/Business--Economics-Podcasts\/NFT-Steez-p3084398\/\" rel=\"noopener nofollow\">TuneIn<\/a>.\u00a0<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/nft-steez-and-cryptoys-ceo-discuss-the-future-of-toys-and-entertainment-within-web3\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week,\u00a0NFT Steez\u00a0met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens \u00a0and Web3 as a whole.\u00a0 Weinraub believes that the act of play is \u201cnot restricted to children\u201d and that as adults, \u201cwe still crave the element of play throughout life.\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[467,13467,1790,26,956,307,9966,13468,1861],"class_list":["post-41865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-ceo","tag-cryptoys","tag-discuss","tag-entertainment","tag-future","tag-nft","tag-steez","tag-toys","tag-web3"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/01\/d8a225f5-cb4a-43c4-ba80-1e31631c0629.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41865"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41865\/revisions"}],"predecessor-version":[{"id":41867,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/41865\/revisions\/41867"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/41866"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41865"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}