We debrief from last week's discussion on how the stock market is in a huge bubble. Except the next day after recording our previous podcast, Bitcoin takes off and reaches the 2020 all time high. So this week we discuss if the possibility of Bitcoin becoming a true store of value during these uncertain times becomes a reality. Open world gaming always have a common thread in the grind mechanism. We discuss how and why this mechanism is needed in Decentraland and ways it could occur. One of the many ways is implementing consumables through ERC1155 NFTs. These tokens can serve to kickstart an economy within a game world and necessary to improve the daily active users. Finally, conspiracy theories are mostly a commentary on how fragile the human mind can be.
2020 has been a record year in many fronts. One of the more unescapable aspects staring us in the face is our diminishing economic model. The United States is pumping trillions of dollars into the economy and we wonder the impact of this diminishing effects on Bitcoin. Is a doom scenario necessary to catapult the value of Bitcoin? We also discuss the outcome of the Crypto World Cup as well as the Decentraland announcement that they're partnering with Samsung crypto wallet. Major Corona Zombies updates with some additional gameplay. Ethermon digital pet game launced an event and has had over 420 unique addresses participate!
Its been a long journey with Corona Zombies and it has arrived in its earliest form. The MetaZone team is working on a first party MMORPG style zombie game where landowners participate in hosting the apocalypse. Weapons will be NFTs, upgradeable, have progression and individual attributes. In this podcast we have the developer of MetaZone join us to discuss what's new on Corona Zombies and how we're enabling a multiplayer for persistent gaming in Decentraland.
Right off the heels of the biggest competition in Decentraland, a soccer tournament with 24 crypto companies face off on Moonshot! Iman has been commentating while the rest of the team has been preparing and competing in the tournament. We also discover a pattern we're seeing in the crypto space found in almost all sectors of the economy. The 80/20 rule where 80% of the audience focuses on the speculative aspects of a given market while the remaining 20% focuses on production, feasibility, improvement of that same market. The Decentralized Finance space is surging at the moment with the surge of new tokens appearing for trade. Finally, our final topic is how gaming will evolve in Decentraland.
In Texas we're experiencing another wave of Corona Virus illnesses and many cities are recommending people to stay at home as often as possible. In today's podcast we heed their advice as we host another discussion from a long distance. We start the conversation with the implications of NFT game assets. Do they need to be supported long term? Is it reasonable to expect developers to support their NFT assets in all future games? With the popular use of the Ethereum network, gas fees have been at levels detrimental to the end user. Its beginning to interfere with business operating on the network, and the source seems to be from Tether. We also begin tossing around the idea of a MetaZone token. What is the use of such token and we begin to formulate the early design of tokenomics. As we continue to contribute to the construction to Decentraland, we postulate on what sorts of activities are needed to bring a thousand daily active users? Finally, could Ethermon gameplay be the start of longterm gameplay in Decentraland? Will this contribute to bringing in thousands of active users?
William and Iman gather to discuss the latest updates with MetaZone and Decentraland. This week we go over our discoveries in incentivizing players to participate in competitive gameplay for prizes. We've gone through monetization as part of a gameplay mechanic and now we've held the largest prize for a competition. We'll be testing new ideas to see player interaction. NFT interoperability has been one of the main topics we discuss internally often. We go over what interoperability means, how it could impact gameplay, and the developer cost of doing so. Part of our daily activities is supporting the upcoming Ethermon game in Decentraland. We go over some details of some of the gameplay mechanics and what players will be able to do with their new Ethermon pets. Finally, we also announce the winner to our largest competition so far and the biggest prize so far; a land parcel in Decentraland.