Crypto gaming and the monkey run: How we should build the future of GameFi
You’ve seen it before. An amazingly talented gaming founder teams up with a top-tier studio, promising to create a wondrous game experience built on the industry’s most powerful engines. But then, it happens: It’s paired with a dubious shitcoin that launches well before even a morsel of game content drops.
In the not-so-distant past, mainstream media may have referred to the hype-fueled crypto bull market — but, with Bored Ape floor prices still in the clouds, we’ll respectfully call it what it is: the monkey run. Market volatility aside, Metaverse evangelists still claim that Web3 finance will revolutionize the way that games monetize. I call BS.
Alex Ye leads Republic Crypto’s early-stage research, investments, and token economics strategy — helping secure and advance cutting-edge projects for Republic Crypto’s advisory portfolio. Before Republic Crypto, Alex drove fintech and blockchain investments at ZZ Capital, crypto fund research at $7 billion venture fund Top Tier Capital Partners, and at the endowment of the University of Chicago, his alma mater.