Immutable co-founder Robbie Ferguson says the Web3 ecosystem is at a “critical inflection point,” and Notcoin’s price jumps 17% as other gaming tokens tumble.
The approval of spot cryptocurrency ETFs, along with a wave of new money and more traditional gaming companies jumping on board, indicate that Web3 gaming is reaching a tipping point.
This is according to Robbie Ferguson, co-founder of the game development platform Immutable.
The Web3 ecosystem is at a critical inflection point in reaching the future where players have true ownership of their assets and share control over the marketplace with studios a win-win for all, Ferguson tells Magazine.
This year has been a big one for cryptocurrency adoption, with spot Bitcoin ETFs getting the green light in January and spot Ether ETFs following in May. Ferguson says its tough to make a direct connection between these approvals and the gaming industry, but it definitely cant hurt.
