AXS - Could Web 3.0 Disrupt Established Video Game Companies?
Axie Infinity is a video game built on blockchain technology with a native currency called Axie Infinity Shards (CRYPTO: AXS) . The game has surged in popularity since its launch and this may have something to do with its incentive structure. Rather than paying to play like traditional video games, Axie Infinity gamers can earn Axie Infinity Shards simply by playing the game.
In this video clip from Motley Fool Backstage Pass , recorded on Nov. 29 , Fool analyst Sanmeet Deo talks with contributors Jose Najarro and Jon Quast about how Axie Infinity plays into the new Web 3.0 trend -- a trend that is changing incentive structures and threatening to disrupt plenty of industries. However, when it comes to video games , it's probably premature to assume blockchain-based games will overthrow the entrenched incumbents anytime soon.
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Could Web 3.0 Disrupt Established Video Game Companies?