cover of episode Kevin Chou, Rally + Kabam // Evolution Of Gaming, Crypto + The Creator Economy

Kevin Chou, Rally + Kabam // Evolution Of Gaming, Crypto + The Creator Economy

2021/4/8
logo of podcast Creator Lab - interviews with entrepreneurs and startup founders

Creator Lab - interviews with entrepreneurs and startup founders

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Shownotes Transcript

Kevin is the co-founder + CEO of Rally,  a platform that allows creators to launch their own digital currency + build independent economies with their communities.

He's also Chairman of Gen.G, an esports enterprise bridging Asia and North America. Previously, Kevin co-founded Kabam, a top mobile gaming company that grew to $400M/yr in revenue, 500+ million players and sold for nearly $1 billion.

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https://twitter.com/bzaidi​) https://twitter.com/kevinchou)

In this conversation you'll learn about:

  • emerging waves like AI, crypto, climate change + biotech
  • evolution of the gaming industry + its business models
  • rise of social gaming, esports, live streaming + where we're today
  • gartner's hype cycle + how this applies to crypto
  • how Rally is empowering creators to develop their own economies
  • why there's a need for decentralized alternatives

Timestamps:

  • 0:00:00 – Preview Of Convo
  • 0:02:19 – Sponsor Break
  • 0:03:08 – Intro + Kevin’s Interest In Gaming
  • 0:07:00 – 50 Games + 500mil Users
  • 0:08:23 – Moment You Understand Ownership
  • 0:14:59 – Hype Cycles + “Finding Something New”
  • 0:20:57 – Other Waves: AI, Climate Change, Biotech
  • 0:23:11 – What Is Rally?
  • 0:24:02 – How Creator’s Use Rally
  • 0:31:02 – What Are The Alternatives?
  • 0:33:22 – NFT vs creator coin + creating an economy
  • 0:37:49 – Why is it beneficial for a game to have its own currency?
  • 0:46:04 – Kabam – Building A Billion Dollar Gaming Company
  • 0:48:39 – Evolution Of Gaming Industry – 2.5bil People Playing Games
  • 0:52:06 – Impact Of Social + Mobile On Gaming
  • 0:53:38 – Gaming Business Models – Virtual Goods, Micro Transactions, Ads
  • 0:56:04 – Fortnight
  • 0:57:24 – Psychology Of Buying Virtual Goods
  • 1:00:31 – Streaming – Watching People Play Games
  • 1:04:54 – Rise of esports
  • 1:09:33 – esports vs traditional sports
  • 1:12:25 – NFTs + Vectors Of Opportunity
  • 1:13:16 – Crypto Transcends Nations
  • 1:16:56 – Digital Gold + Oil
  • 1:18:44 – Problems with government money printing, dollars are worthless
  • 1:23:31 – Price Volatility + Stable Coins
  • 1:25:59 – Putting Bitcoin On Your Balance Sheet
  • 1:29:43 – What does a decentralized alternative look like
  • 1:33:37 – Decentralized social networks?
  • 1:34:43 – “there is no corporation who runs email”
  • 1:37:07 – Investing
  • 1:39:34 – How to participate in crypto

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