Moritz Baier-Lentz is a partner and head of gaming at Lightspeed, and Sam Harrison is the managing partner of Faction.

 In this episode, Baier-Lentz and Harrison unpack their thesis behind investing in the nascent Web3 gaming industry. 

While Web3 gaming has yet to reach mainstream appeal, Baier-Lentz and Harrison believe that a combination of technological advancements and veteran game developers embracing blockchain rails will help facilitate breakout Web3 games in the near future.

Outline:

1:13 Web3 VC Update

4:41 Lightspeed + Faction

8:46 Market Cycles

14:04 Web3 vs. Web2 Gaming

20:40 Gaming Metrics for VC

23:38 Tokenomics & Gaming

33:50 AI & Gaming

38:41 Closing Thoughts