May 16, 2024

Korean Web2 and Web3 Games (Ep. 4)

1 hour 40 minutes

In this episode, we explore how Korean game developers have fared globally and why they have turned to web3.

00:00 Exploring the Financial Motivations Behind Web3 Gaming in Korea

01:55 The Evolution of Korean Gaming: From Arcades to eSports

04:21 The Rise of PC and Mobile Gaming in Korea

04:37 Comparing Korean, Japanese, and Chinese Gaming Markets

05:37 The Impact of Financial and Regulatory Challenges on Korean Gaming

11:06 Highlighting Major Korean Game Developers and Their Global Influence

18:50 Web3 Games at GDC: A New Frontier for Developers

21:31 The Intricacies of Crypto and Web3 Adoption in Korea

39:44 The Complex Dynamics of Web3 Gaming Communities

48:43 Developer Perspectives on Building Web3 Games in Asia

49:35 Exploring the Core of Decentralized Gaming

49:53 The Rise and Challenges of Dark Forest

50:27 From CryptoKitties to Axie Infinity: The Evolution of Play-to-Earn

51:29 The NFT Boom and Its Impact on Gaming

52:48 Axie Infinity: A Case Study in Play-to-Earn Success

54:17 The Divergence of Play-to-Earn Models: East vs. West

55:48 The Future of Web3 Gaming: New Dynamics and Challenges

55:51 The Role of Community Managers in Web3 Gaming

01:02:30 Exploring Popular Web3 Games Today

01:08:04 The Korean Web3 Gaming Scene: A Deep Dive

01:16:03 Metaverse and Web3: The Korean Perspective

01:32:09 Challenges and Opportunities for Korean Web3 and Metaverse Companies

01:37:58 Summary and Conclusion: Korea's Place in the Global Gaming Ecosystem

Referenced in the show:

http://www.hardcoregaming101.net/korea/part1/korea1.htm

https://newslibrary.naver.com/viewer/index.naver?articleId=1975012900099205016

https://www.pcgamer.com/japanese-pc-gaming-saw-another-year-of-explosive-growth/

https://english.hani.co.kr/arti/english_edition/e_business/625064.html

https://www.reuters.com/technology/skorea-regulator-take-innovation-more-into-account-crypto-regulations-2023-12-14/

https://www.fpri.org/article/2023/06/china-is-doubling-down-on-its-digital-currency/

https://www.china-briefing.com/news/china-launches-digital-yuan-app-what-you-need-to-know/

https://www.kedglobal.com/metaverse/newsView/ked202212200017

https://www.koreatimes.co.kr/www/tech/2021/05/133_308975.html

https://www.seoulz.com/zepeto-is-the-largest-metaverse-platform-in-all-of-asia/

...more

By Jonathan Pan