Xbox is planning to adopt crypto? This could 10x Ethereum's active user base...
TL;DR
Communications between some big-wigs at Microsoft show that there are/were plans to add a crypto wallet into the next Xbox.
An executive (aka a decision maker) at Microsoft (one of the biggest names in tech/gaming) is pushing to enter Web3. That's big!
The automatic addition of an Ethereum based wallet to every Xbox account could lead to a 10x increase in monthly active users overnight.
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Yeah, so, you need to take this one with a big ol' grain of salt!
This information is a year old and was leaked from a court case that is totally unrelated to Web3...
Buuuuut - it's exciting all the same!
Communications between some big-wigs at Microsoft show that there are/were plans to add a crypto wallet into the next Xbox.
Which seems like a no-brainer, right?
Adopt a technology that lets players 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 unexpected profits for players and recurring revenue for console makers).
But we've harped on about those economic incentives a million times before...
So what's new and exciting here?
For us, it's where this information is coming from...
An executive (aka a decision maker) at Microsoft (one of the biggest names in tech/gaming) is pushing to enter Web3. That's big!
For context:
Right now, the Ethereum network has ~10-12M monthly active users...Xbox has 120M monthly active users.
The automatic addition of an Ethereum based wallet to every Xbox account could lead to a 10x increase in monthly active users overnight.
We like those numbers!