Coinbase Co-Founder Predicts Virtual Economies Takeover

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    Coinbase co-founder Fred Ehrsam voiced predictions about full-fledged gaming economies becoming a reality in 10-15 years. He's certain crypto is to transform labor market

Cover image via U.Today

In his recent tweet, Coinbase co-founder Fred Ehrsam voiced his predictions about full-fledged gaming economies becoming a reality in 10–15 years. Ehrsam, who was a big fan of World of Warcraft (WoW) before joining forces with the San Francisco-based crypto behemoth, is certain that cryptocurrencies will be able to transform the current labor market, completely changing the definition of the word “work” itself.

Gaming economies have been around for years. According to Ehrsam’s estimations, he would earn around $0.87 for each hour of him playing WoW. However, they remain closed to the general public, but cryptocurrencies, according to Ehrsam, could be a game changer.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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