Theresa Cramer

There’s been a lot of buzz about blockchain, but in this MGS20 session, Arthur Madrid, Co-Founder and CEO of The Sandbox, cuts through the noise to make a case for blockchain games.

Madrid begins by explaining how blockchain can improve the user experience and monetization of digital games. Unlike most games currently on the market, blockchain offer players true ownership over their digital assets and the ability to buy and sell these items freely. Madrid extends this idea from game mechanics to the collectible market, noting how blockchain technology allows users to invest in digital realities by amassing unique non-fungible tokens (NFTs). Madrid then demonstrates how players of The Sandbox produce, own, and distribute all in-game NFTs, and suggests a future in which avatars will travel freely between games to explore the metaverse.