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Home»Web 3»Xbox plans to adopt crypto? This could increase Ethereum’s active user base tenfold…
Web 3

Xbox plans to adopt crypto? This could increase Ethereum’s active user base tenfold…

2023-09-27No Comments2 Mins Read
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TL; DR

  • Communications between some big names at Microsoft reveal that there are/were plans to add a crypto wallet to the next Xbox.

  • A managerial (also known as a decision maker). Microsoft (one of the biggest names in tech/gaming) is pushing for access to Web3. That’s big!

  • The automatic addition of an Ethereum-based wallet to every Xbox account could lead to a 10x increase in the number of monthly active users ‘at night.

Full story

Yeah, so you have to take this one with a big grain of salt!

This information is a year old and was leaked from a lawsuit completely unrelated to Web3…

Buuuut – it’s exciting!

Communications between some big names at Microsoft reveal that there are/were plans to add a crypto wallet to the next Xbox.

That seems like a no-brainer, right?

Use a technology that allows players to collect provably rare in-game items for free, and give a percentage cut to you (the console maker) if and when they sell them.

(That means windfall profits for players and recurring revenue for console makers).

But we’ve talked about those economic incentives a million times…

So what’s new and exciting here?

For us it is Where this information comes from…

A managerial (also known as a decision maker). Microsoft (one of the biggest names in tech/gaming) is pushing for access to Web3. That’s big!

For context:

Right now the Ethereum network has ~10-12 million active users per month… Xbox has that too 120M monthly active users.

The automatic addition of an Ethereum-based wallet to every Xbox account could lead to a 10x increase in the number of monthly active users ‘at night.

We love those numbers!

See also  Crypto Exchange Abra Settles With SEC Over Unregistered Securities Allegations

Source link

Active Adopt base Crypto Ethereums Increase Plans tenfold.. User Xbox
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