Sam Bankman-Fried: Social Media “A Massive Opportunity” for Solana
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Sam Bankman-Fried: Social Media “A Massive Opportunity” for Solana

THELOGICALINDIAN - BankmanFried discussed crypto amusing media GameFi and looming regulations at Solana Breakpoint

FTX CEO and accepted Solana apostle Sam Bankman-Fried batten with optimism about the blockchain’s capabilities for GameFi and amusing media at Breakpoint today.

Sam Bankman-Fried Discusses Solana’s Future 

FTX CEO Sam Bankman-Fried believes that Solana could become an important hub for gaming and amusing media. 

Bankman-Fried discussed the approaching of the blockchain in a console altercation with Coindesk’s Zack Seward and FTX.U.S.’ Head of Action Tristan Yver at Solana Breakpoint beforehand today. Both Bankman-Fried and Yver talked about their eyes for FTX during the talk, answer that they were “really aflame about a cardinal of things” and acquisitive to accompany “world-class products” to their user base. They additionally discussed FTX’s advancing business strategy, which has apparent them partnering with the brand of Tom Brady and Gisele Bündchen, and the authoritative mural surrounding crypto in the U.S. 

FTX has aggregate abutting ties with Solana in contempo months, frequently acknowledging Solana-based tokens and ablution a exchange for Solana NFTs via FTX U.S. Bankman-Fried, too, has been a decidedly articulate backer for the accelerated blockchain. During the console discussion, he batten about how Solana could account from the advance of the alleged “GameFi” space. He said that gaming on the blockchain could be big because gaming is already one of “the best agreeable things in the world” alongside things like aliment and chocolate. He again added that it was accessible that “⅔ of all crypto users” could be onboarded via gaming in the advancing years, and the sector, therefore, presents “a absolutely acute amount proposition” for blockchains like Solana. 

Bankman-Fried additionally discussed the achievability of amusing media affective on-chain in the future. He said that he thinks amusing media on the blockchain “could be actually huge,” afore answer that he thinks Solana is the best arrangement for it to be congenital on because it is currently the alone belvedere that has abundantly aerial throughput capabilities. Crypto amusing media is “a massive opportunity, and one that’s appropriate for Solana,” he said. 

Bankman-Fried isn’t the alone crypto personality who’s looked into the possibilities of decentralized amusing media; in July, Vitalik Buterin discussed how Ethereum could act as a abject band that would acquiesce users to affirmation buying of their identity, abacus that the arrangement “has to expand” above DeFi. Aave architect Stani Kulechov has additionally talked about architecture “Twitter on Ethereum” as an another to centralized amusing media platforms.  

Disclaimer: At the time of writing, the columnist of this allotment endemic ETH, AAVE, and several added cryptocurrencies.