The Future of Gaming by Illuvium
This video focuses on the future of gaming as it relates to artificial intelligence, the inevitable regulations in the crypto world, and the next generation of gaming. The guest in this video is Vic Laranja.
Artificial Intelligence (AI)
The first part of the video focused on artificial intelligence, which is inevitable in crypto, specifically the crypto gaming world. Since NFTs play a significant role in crypto, looking at how some NFTs are created is also a good idea. Artificial intelligence can generate these NFTs. The word has fallen on the Mid Journey AI which is very advanced in creating digital images. Kieran and Vic think that in a few years, AI can generate videos depending on what each person likes. While this may still sound like science fiction, it would mean a massive decline in the film industry and the disappearance of many jobs. Direct communication with AI could probably be quite dangerous for the safety of any user.
Regarding replacing jobs, the gaming industry is definitely the most at risk in a short time. Such declines could also threaten the global economy, which would be a significant threat. The only relevant job in the gaming segment is Prompt engineering but according to Kieran and Vice, not for long. AI connects and classifies data across the blockchain, which is positive news for the future of cryptocurrency. The states and their banks are the most prominent players, which will only grow more significantly in this segment if this market is monitored. But the positive thing for gaming is that it will improve 100% from a gamer perspective which should not affect the sector from an investor perspective but instead help it.
Regulations
A large part of the video is devoted to the loss of value of the US dollar, which will significantly impact the US economy. Governments will benefit greatly in the future from their entry into cryptocurrencies. This is evidenced, for example, by allowing central banks in the EU to invest 2% of their capital in cryptocurrencies. The US is trying to make cryptos safe, but so far, they are not doing a good job of it. According to Kieran and Vice, they are doing it wrong, unlike other countries trying to create guidelines and rules and generally specialize in the sector. The big problem for crypto is the hacking associated with it. According to Kieran and Vice, cryptocurrency regulation has simply failed. However, with the rise of crypto in the wider public consciousness, the CBDC will allow the government to regulate how much money anyone has and generally keep better track of it.
A new generation of gaming
The video concludes that blockchain gaming will be more and more popular. There was a shorter section of the video devoted to this, but the point was that blockchain should start being used in current popular games such as Roblox or World of Warcraft. It will make it easier to organize data, and the overall operation of these gaming giants will flourish even more.
Source: www.youtube.com
analyst opinion
“Personally, I think that this is one of the most exciting videos Illuvium has ever released. We can learn much from it, both about the project and world events. The quite realistic predictions from Kieran and Vic Laranja were also interesting. From a crypto perspective, I think this is very positive news for the gaming world.”
Marek Štochl
Artificial Intelligence (AI)
The first part of the video focused on artificial intelligence, which is inevitable in crypto, specifically the crypto gaming world. Since NFTs play a significant role in crypto, looking at how some NFTs are created is also a good idea. Artificial intelligence can generate these NFTs. The word has fallen on the Mid Journey AI which is very advanced in creating digital images. Kieran and Vic think that in a few years, AI can generate videos depending on what each person likes. While this may still sound like science fiction, it would mean a massive decline in the film industry and the disappearance of many jobs. Direct communication with AI could probably be quite dangerous for the safety of any user.
Regarding replacing jobs, the gaming industry is definitely the most at risk in a short time. Such declines could also threaten the global economy, which would be a significant threat. The only relevant job in the gaming segment is Prompt engineering but according to Kieran and Vice, not for long. AI connects and classifies data across the blockchain, which is positive news for the future of cryptocurrency. The states and their banks are the most prominent players, which will only grow more significantly in this segment if this market is monitored. But the positive thing for gaming is that it will improve 100% from a gamer perspective which should not affect the sector from an investor perspective but instead help it.
Regulations
A large part of the video is devoted to the loss of value of the US dollar, which will significantly impact the US economy. Governments will benefit greatly in the future from their entry into cryptocurrencies. This is evidenced, for example, by allowing central banks in the EU to invest 2% of their capital in cryptocurrencies. The US is trying to make cryptos safe, but so far, they are not doing a good job of it. According to Kieran and Vice, they are doing it wrong, unlike other countries trying to create guidelines and rules and generally specialize in the sector. The big problem for crypto is the hacking associated with it. According to Kieran and Vice, cryptocurrency regulation has simply failed. However, with the rise of crypto in the wider public consciousness, the CBDC will allow the government to regulate how much money anyone has and generally keep better track of it.
A new generation of gaming
The video concludes that blockchain gaming will be more and more popular. There was a shorter section of the video devoted to this, but the point was that blockchain should start being used in current popular games such as Roblox or World of Warcraft. It will make it easier to organize data, and the overall operation of these gaming giants will flourish even more.
Source: www.youtube.com