Wallet interoperability still remains the vision for Web3 gaming, according to Arthur Madrid, the co-founder and CEO of the decentralized metaverse and gaming platform The Sandbox.
In an exclusive interview with Cointelegraph at the Crypto Polo event in Dubai, Madrid and The Sandbox co-founder and chief operating officer Sebastien Borget told Cointelegraph that Web3 gaming interoperability remains the goal for The Sandbox. Madrid said:
“So, the vision is still kind of obvious for us. It’s like you need to be able to play any games using one wallet that will enable you to combine the utilities of all that you collected and all what you earned.”
The Sandbox CEO said that one of the main narratives they’ve seen in the last couple of months is that players can move from one game to another using a single wallet. The executive told Cointelegraph that players accessing games with one wallet and using their items on different platforms remains an exciting topic for Web3 gaming enthusiasts.
Web3 gaming still “booming” as tools become accessible
Madrid added that despite a market slowdown, the Web3 gaming space is still booming. The executive told Cointelegraph that the tools and infrastructure needed to create new games have become more accessible.
“I can feel that the tools you need to create games are becoming more accessible. If you look the number of games that have been created on gaming platforms over the last two years, it’s still booming,” Madrid told Cointelegraph.
The executive also said that a new generation of programmers and programming tools is working on new types of gameplay. Madrid added that the space needs only one good game that could serve as the catalyst for the broader adoption of Web3 technology in gaming.
“The thing is, you always need this moment where one game is making a difference. You have this moment of rebirth,” Madrid said.
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The Sandbox co-founder highlights a shift in NFT utility
Borget told Cointelegraph that the non-fungible token (NFT) space is now seeing a shift in focus. The executive said that their team is seeing more maturity in the industry as it shifted from using NFTs to do fundraising and just profile pictures to better use cases.
Borget said this was driven by consumers demanding more use for their digital assets. The executive said that creators and developers must focus on adding more value to their NFTs to keep up with this demand.
“At The Sandbox, we still continue to see more demand for our virtual land, avatars and other NFT collections, such as Jurassic World, because they can be used across the game right away,” Borget said.
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