Transcript
Angie Lau: Did you know that one in three people in the world are gamers, and the gaming industry is set to hit US$200 billion in revenue by 2024. And yet only a fraction of these gamers are in Web 3.0 gaming. So where are they, and when are they coming? Welcome to Word on the Block, the series that takes a deeper dive into blockchain and all the emerging technologies that shape our world at the intersection of business, politics and economy. It’s what we cover right here on Forkast. I’m Editor-in-Chief Angie Lau.
Well, today we’re in conversation with Wui Ngiap Foo. He’s CEO and co-founder of the gaming venture Ethlas, which just got its start a few months ago. Welcome to the show. So where is everybody, and when are they coming?
Wui Ngiap Foo: (Acknowledges)
Wui Ngiap Foo, it’s great to see you. It’s a really interesting time to sit down with you. You’re a former head of technology for a decacorn, as they say in the biz — for Grab here in Singapore. And now you’re doing something very different.
Wui: A little bit.
Lau: A little different, still in technology, but certainly in the future. Tell us what you’re doing.
Wui: Thank you, Angie, for the introductions. What we’re doing is we’re trying to build layer-zero for games in the future. And I say ‘future’ because games have existed for decades. And there are many, many very popular and very great studios. The difference, though, is they have never been able to crack two…
