May 20, 2022

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Ep 126 – How Web3 Will Change the Gaming Industry with Carra Wu from a16z Crypto

3 min read

In this episode of The Unstoppable Podcast, we’re talking to Carra Wu. Carra is a crypto investor at Andreessen Horowitz and has many years of experience in the Web3 space.

Carra talks about becoming disillusioned with the traditional financial system, and how blockchain and crypto can help people around the world—including places with hyperinflation— access more economic stability.

We talk about the city of Venice and the historical lessons we can learn there that relate to crypto. Carra talks about composability and how people in crypto can build on the work that’s already been done by others. We discuss how powerful innovations can sometimes look like toys at the outset, and Carra shares some things that seem like toys now but could be incredibly impactful in the future.

We chat about NFTs and their future, and Carra talks about why she’s excited about DAOs. We talk about NFTs in gaming and why there has been a backlash from traditional gaming companies. What more could be done to draw traditional gamers into the NFT space? Finally, Carra talks about her biggest Web3 influences and what the future holds.

⏳ TIMESTAMPS:

0:00 Intro
2:01 How did Carra get interested in crypto?
4:39 How does Web3 help bring economic freedom to people?
9:08 How can the lessons learned about innovation from the city of Venice be extrapolated to web3?
12:53 Compossible examples across different industries
15:58 What looks like a toy now that will be disruptive tech in a few years?
19:18 Are we spending money on music NFTs because we think the NFT is going to be worth more in the long run? Or is it because we support the ecosystem?
23:15 DAOs
26:32 What makes Friends with Benefits a novel example of a DAO?
30:20 Right now, access through NFTs looks like only to "parties" but in the future can be so much more.
34:13 The consolidation curve in the gaming industry
39:02 What will it take to awaken the game market from a player’s side to get them interested in web3 games?
45:56 Kids making an income through gaming
48:39 Who’s an influential web3 creator, entrepreneur, or collector that inspired Carra?
50:41 What is Carra’s favorite NFT?
54:43 In 5 years, what’s the craziest thing we’ll be doing on the metaverse?
58:09 Where can you find Carra?

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Podcast website: https://podcast.unstoppabledomains.com/
Apple Podcasts: https://apple.co/3GE1Rmt
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Full episodes playlist: https://bit.ly/3ow2bO4
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