TL; DR
Full story
No child has ever walked up to a family member and asked:
‘Do you have that? liquidity make tools available on your phone?”
No. The question has always been:
“Do you have any games on your phone?”
And herein lies a major problem within the crypto onboarding process.
Getting friends and family on board is hard enough. There are a lot of new apps, tools, and terms to get familiar with, creating friction every step of the way.
(Although with the advent of smart wallets and their one-click Web2-style sign-up process, this problem is about to be solved).
Next problem to solve?
What are you doing Doing with this once you are on board?
Because buying and holding crypto over several years – while often profitable – is quite boring. And sure, they can bet, lend liquidity and trade crypto, all in the hope of increasing their returns…
But that’s still a bit boring for most people.
That is why we categorize this latest development Metamask as a ‘giga-brained move’.
MetaMask Portfolio now includes a directory of native blockchain games, allowing users to find and play games from within the interface.
So the pitch of web3 now goes from:
“You can usually just stake/lend from your crypto wallet to earn around 5-7% interest per year.”
Nasty…
“You can do that AND play web3 games, where you earn tokens with real monetary value and collect rare in-game items that are tradable worldwide.”
That’s a HUGE step up!