CGI 003: Mr. KEY Karnika E. Yashwant: Building Billion $ Crypto Startups Forward Protocol

The world we live in is far from perfect. However, there is no higher cause worth pursuing than its betterment.

Mr. KEY is a blockchain expert with a passion for education reform and he has actively pursued his passions for as long as he can remember. Karnika understands blockchain technology better than most, have decades of marketing experience, and have been an advocate for education reform even longer.

♦♦ Entrepreneur ♦♦
Mr. KEY first tested the waters of entrepreneurship at the young age of 14. Since then, he has led multiple businesses to over a billion dollars in revenues.

Nobody builds anything worthwhile by working alone; it was true when Homo erectus learned to control fire and remains true today. He has worked on teams and led very successful teams too. His business endeavors continue to evolve, but his commitment to achieving success and making an impact remains fresh.

♦♦ Educational Reform Enthusiast ♦♦
He’s a firm believer in actively working towards changing the things we don’t like in the world. “If not us, then who?” As a believer in a more enlightened educational process, Mr. KEY has spent the better part of two decades helping to build a superior system.

♦♦ Blockchain Marketer ♦♦
He has always been the one to ask, “why not?”
That was why he turned down a scholarship to start his business at the age of 14 and chose a different path of knowledge. Up to this day, he maintains this appetite to deliver my absolute best on every venture.

Karnika founded KEY Difference Media, one of the top 3 blockchain marketing agencies — probably the largest and certainly the oldest in the space with over 350 team members.

♦♦ Speaker and Life Coach ♦♦
“And in the end, it’s not the years in your life that count. It’s the life in your years.” — Abraham Lincoln.
He is a fierce believer in living life as you want to, rather than as the social constructs dictate, and that includes inspiring others to pursue the best versions of themselves as well.

His list of accolades and achievements continues to grow, but he is not resting on my laurels just yet. There is still much more to achieve. #Forward and Onward!

A versatile entrepreneur, a multifaceted educator, a life-long learner, and a team player at heart — these qualities can give you a glimpse at the total package because he is convinced that we only truly live when we grow. When he is not changing the world, he is enjoy paragliding, scuba diving, freediving, kite surfing, surfing, slacklining, hiking, etc.

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This official Crypto Gaming Institute podcast was created to showcase the leaders of the crypto gaming world, including game makers, entrepreneurs, developers, investors, experts, influencers, and more. Hosted by Ben Gothard, this show aims to discover the stories of the people behind the technology in order to better understand the intersection of cryptocurrency, gaming & blockchain technology.

Make sure to Follow/Subscribe on your favorite podcasting platform so you’re the first to know when a new episode drops!

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A Crypto Gaming Institute Production.
Website: https://CryptoGaming.Institute
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Podcast: https://cryptogaming.institute/podcast
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NFT Collection: https://opensea.io/CryptoGamingInstitute

ladies and gentlemen welcome to the crypto gaming institute podcast today we have the honor of speaking with the one the only mr key now i would take a few minutes to talk about your background and you know do this this introduction but like we were talking about before i think that might take us about four hours so um i’m so excited to be able to speak with you today just kind of set the stage of what we’re really looking at here first i want to dive into your story and really give the people an understanding of who you are where you’ve been and where you’re going then i want to dive into crypto gaming and really really just soak up all of your knowledge and experience here with crypto gaming and understand what you think about it where we are and where we’re going so thank you so much for being on the show how you doing today very good very good epic thank you for asking super excited me too me too so let’s jump right in i know everybody’s excited too so i would love to hear your story okay so i started my business when i was 14 years old dropping out of 10th grade i could not just take it any longer and i wanted to explore life really and from that point for last 15 years i’ve been running my marketing agency called key difference media and you know i’ve been i’ve been a published writer from my age of six and i published my first book when i was 12 and my life has always been a journey of trying to explore new things to break the boundaries and to continue exploring and feeling like experiencing life rather and uh when it was 2013 i stumbled across crypto and bitcoin that was a time when gaming entities were incorporating bitcoin as a payment gateway and i had a lot of gaming clients as well then uh whom i was marketing for and that gave me that entrance into the crypto world and it was amazing i mean that was a different time there is no documentation there is no youtuber or anything around it it’s like just uh you know pretty much in a very very very weird place and we started exploring it and uh reading and learning it was pretty interesting and uh started to get in more into the space by working with various other entities who are incorporating bitcoin i mean at that point incorporating bitcoin accepting bitcoin was pretty much the biggest utility factor and in 2016 uh and close to 2017 that’s when the ico spree started fundraising and so on so i was on the forefront of that revolution and having been in that journey for that long we already had a lot of trained uh marketers sat over and who knew what it is and how it works and seen the cycles ups and downs at least uh you know once or twice before and that made it so much easier so we have literally in this last eight years in the blockchain space worked with everyone from exchanges to news media launch pads vc’s uh hundreds of projects helping them raise over 550 million dollars uh to whatnot so we have been in that entire life cycle helping them start from the scratch to finishing the raise and you know going on forward from their onboarding users and whatnot uh when i was going through all that there was one thing that kept that that was ignited in me that was that kept me thinking it is always about it it was always about for me the the changing the status quo changing the way the education operated and i even in 2018 i acquired one of the other educational brands as well and from there started forward protocol so for what protocol is the it’s like wordpress for the web 3.0 and the first areas of focus is changing how the world learns in decentralized education and that process started which pretty much i mean right now it has one of the fastest growing uh interests in the space and that’s something that i’ve been very very excited about especially when we started at a time when people did not believe education has a scope in the blockchain world and to see where people right now uh get so excited about it it was an amazing journey and being in the middle of the nft’s gaming meta versus decentralization and whatnot uh it’s a perfect time to be uh you know to be here that is amazing so you’ve literally been a veteran of this industry since 2013 you’ve come at it from the marketing angle you’ve raised hundreds of millions of dollars and you’ve worked with so many different people i also see do you speak five languages i do yes that’s incredible uh okay so first of all um how do you have time to do all this like how do you actually go about doing all the things that you’re doing well i guess when you’re excited you just do it and uh when i to me i like to have differences in life and i like to switch between things but at the same time i like to maintain consistency in focus so i never really picked anything and dropped it and moved on to something else but i picked things i learn master i continue doing it but i also try and experience new things and i look at a way of tying them all up together uh and i’m i’m an adventure sports guy and i’ve done paragliding scuba diving free diving name them all dozens of sports but they know they all tie back to the philosophy of how i look at life and how i look at business uh so end of the day when we tie things together it makes things easier instead of being hundred bits it becomes one organized process with its expansions like a tree and that’s pretty much how i’ve been uh doing it and most importantly when you’re passionate you don’t end up sleeping losing one third of your life you reduce that and with passion i guess everything else comes up and follows along and being in the world of you know being with computer for last 17 18 years of my life you do a lot of that you literally you build your life around computers and devices so yeah you me you make life happen prioritization is a key i love that i love that i’m interested in understanding because i feel like everybody has a different on-ramp to this world and so i’m talking specifically crypto so it seems like you really got started from the marketing side and you kind of built your way into running your own business and being an entrepreneur but still being a marketer um you probably do some investing and and so forth and i feel like a lot of people have this question of well can i be in the crypto space if i’m not a developer or if i’m not a programmer or like how do i get into it right so it’s kind of a multi-faceted question but one how did you decide that marketing was your on-ramp to crypto and two for those people who don’t have their own on-ramp quite yet how would you suggest that they build it or develop it and go about inserting themselves into the space that that’s a very fine question because it’s something that i get get asked quite often people you know really it’s like people ask me the question how do i get on blockchain you’re not an nfd to get on blockchain but let’s figure out the ways through which we can onboard uh for me marketing was inevitable because that’s what i’ve been doing all my life and when the opportunity presented uh i jumped in it was exciting and it’s where my best skill sets were but right now the way blockchain adoption is becoming mainstream which already it has uh every skillset applies if someone is an attorney they can be an attorney on blockchain when helping people with the legal areas related to that if they are in a content and or auditor they could do things related to the lot of companies they have no idea how to do it and it goes for developer it goes for marketers sales guys designer what not because this industry is mainstream it needs every skill set it needs every little thing out there and the demand of skills is massive just in my organizations that that ones that i’m leading there are more than 40 to 50 open positions at all time uh we have 350 people but it’s not enough the open questions are like even though we hire every single week it’s just so much and every friend of mine every contact i speak to they all need it but the point is they don’t need someone who just comes from nowhere they want someone who understands the space and understanding space comes with studying about it reading about it not asking what can the space give to me but ask what can you do to the space what value can you add and once you figure that specialized part you don’t have a competition in the space you don’t have a million other designers you don’t have million other people doing what you do in the space it is a negative there’s always deficit so at least for the next few years so look at those areas to start contributing but more importantly learn and understand the mindset of the users learn and understand what is happening in the space why people are doing what they’re doing jumping on shiva you know and dodge coins great but then that’s that’s not the goal of what we’re doing here uh people ask me did you check out the btc price did you check this no we are busy building businesses here we are not looking at the chart all day long we are not traders we are here to build technology we are here to change how certain things operate in the world and that has very little to do with the price yes the crypto is gaining attention due to the price and anyone can trade and make money from it welcome it’s it’s an open place uh but then there is a value addition beyond that and that if we are able to focus the long-term vision towards it uh that changes because when i came in uh we we didn’t even look at uh blockchain and bitcoin as something that might you know it’s a revolutionary idea but to be honest nobody at that point uh probably except on satoshi i i guess for except those few massive massive missionaries for most people it was exciting they all loved it what if this changes the way governments work with banks work we all were passionate about it but we never imagined that we would be where we are right now people buying crypto punks for 10 50 million dollars to keep us a profile picture no we didn’t imagine that but we were passionate about what we were doing back then and we were involved fully involved and we didn’t have the distractions of the price charts and the million news channels out there and we were able to continue creating the value so i would say put yourself in you know put any of you put yourself in there see how you can contribute how you can merge with the field bring your own mix you plus a blockchain there’s a new output something that’s very special special and unique and that should be the goal and i’m sure everyone has their you know ramp to get started once they figure that out and of course the industry the way things are changing uh you don’t need to be a person doing one thing you can do ten things so invest if you must short term long term uh buy nfps or create your own and play games to learn learn to learn like with forward protocol and whatnot just do everything but experience it and that experience consolidated with your own ideas of how you are how you function and who you are you know you’ll have your own answer i love that so it seems like even if you have no idea what you’re what your skill set really is or you maybe you don’t even have a skill set as long as you’re just pushing forward into the space somehow you may be fumbling around in the beginning that’s okay but you can figure out something that you can do or something that you’re interested in learning how to do in order to then provide value to the space and not in the perspective of let me try to find the next meme coin but in the perspective of let me try to work with the people who are building the underlying technology the people who are really building value in the space let’s go work with them and it doesn’t even have to be work for it could be work with in some capacity and then over time you’ll you’ll figure out your specific niche and your spot uh did i did i get that right yeah i’ll give an example in the back in 2017 when the ic was free start a lot of people came and didn’t know what to do all that they did was be in the telegram chat of various communities chatting all day long and as the industry matured like next few months we are talking about decades for really months and weeks uh they understood how the chat works and how people are talking they ended up trying to get jobs as community managers in those various other project telegram groups and then the market went down market went down in 2018–19 they got time to get more experience learn more about it and when the market where market was up again they were more not just community managers but they were seasoned marketers project managers they had skill set they grew so from someone who was getting paid 300 500 a month now they were at 30 50 dollars per hour and they kept scaling up and many of those people started their own projects and they went on it’s like you know just just like they uh say you know if you start uh gardening if you just start planting trees uh you would be a great uh you know you you’d have an amazing garden around you because the earth takes care of uh growing and building that amazing beauty around you that same thing goes for blockchain just be there listen look around observe it would take you and give you all the opportunities to you you just don’t have to do anything just be there attentively passionately and truly believing in it and the markets go down don’t change your industry and go to something else when markets go down don’t study see what’s happening at all times and those who have stayed through the thick and thin uh their lives have been great you know i watched this one ted talk of jeff bezos and he was talking about in the beginning of amazon when he was he was in like an investment firm or something i don’t want to butcher the story but um he basically said in this talk that when he started to see how fast the internet was growing he knew that he had to build an internet company because he knew that if he built a company in that space the industry would build around him and and lift the ecosystem would lift up his business so as long as he was just staying solid and consistent the ecosystem would push him forward it sounds like this is a very similar thing and i would almost even argue that crypto gaming in the metaverse is like the internet’s end game and i’ve i’m of course very biased because i started the crypto gaming institute but truly i believe that this is humanity and the internet’s end game so as long as you’re in it and you’re consistently in it the whole you know a rising tide raises all ships what are your thoughts on that that’s very true because that’s i mean everyone who’s been in the crypto space is a testament to that everybody i mean okay if i cannot make it 100 i would definitely say is 99 of everyone who has been there done that or have have been taken off lifted off is just the similar to the dot-com bubble back then just be persistent enough and it would work hard-working and persistence always pays off with us i love it so i want to dive a little bit deeper into your project right now and really really understand it and i think that’ll give us some good context of like where you’re in the trenches now and then i want to move into um crypto gaming and the metaverse because that’s the really really good stuff so uh yeah so i would love to hear more about like what truly inspired you to start this particular project if anybody takes five minutes to scroll through your linkedin they see that you have like a billion projects going on at the same time um so let’s talk specifically about forward protocol uh but you know what was like the moment where you’re like ah yes this is what i need to do and then how did you take that and and build it up over the last three three-ish years okay well the vision for forward protocol uh the non-decentralization that something has to change came up from my second grade i hated homework and i wanted to change it and uh when when when we started looking at uh one of the platforms i acquired called english forward uh we wanted to blockchainize it uh but when we started you know blockchainizing it we realized that the framework is the same when you create anything in a decent life space it’s the same framework that you’re building around so why be selfish and keep it to us when we can open source it and help more people so we expanded that to the world of decentralized education and created forward protocol as a toolkit that anyone in the d8 space could use decentralized education space could use but then the miracle happened people in the community started to say okay i can use this for healthcare i can use this for e-commerce i can use this to reward my employees and my company because the fundamental rules fundamental way the global value transfer takes place is the same irrespective of what industry you’re in uh if you’re as a single person transferring value to someone else it follows the same rule or one person transferring to many or if it’s a multiple people transferring across each other the rules fundamentals the basic principles of life are the same and that is how the forward protocol came to its fruition the way it is right now it’s like the uh wordpress for the web 3.0 it is providing various toolkits for uh decentralized value driven economy so anyone looking at coming into the space my biggest challenge my because narrative for years has only been this adoption can only happen if we make things so simple that anyone can do it because the to be honest developers or developers and they are great creative they’ve solved problems uh but then there are also visionaries who are not technical who don’t understand coding but then they have amazing visions and then there are creative people who find amazing creative solutions but you cannot find one person who does everything so if we can work with this amazing technical people and come up with a platform which is so simple that anyone with zero technical knowledge zero coding expertise who does not understand blockchain but just understands that the way the decentralization works that the need the world has to change comes and uses drag and drop builder uh just the ui to create new applications and it should not cost you anything if it’s free then they would try test if it doesn’t work over you know like couple of hours fine delete it and move on there’s nothing harmful but if you reduce that barrier to entry so low that people would want to try for the sake of trying people who put their minds to it to create because they are enthusiastic they are passionate about something something that they heard over i know a coffee a drink or from their friends what not but we want to attract that global crowd in there and that is how forward protocol to its current structure came up uh making it so simple anybody comes in across industries across blockchain uh for most of the problems they have templated smart contracts and solutions all that they have to do is browse the contract library look at the applications and the smart contracts one click applications can go to aws digitalocean use or to an argo or golem kind of a decentralized network and then they look at the smart contracts go and customize it customize switch on switch off the settings change your fee structure change your consensus model change everything only user friendly interface just like installing wordpress few minutes not months and not years and definitely not millions of dollars in development spent uh but few minutes few clicks they deploy on their favorite blockchain and go live and imagine the kind of impact it can make imagine the number of people who want to try it and when someone asks how can i get on blockchain well here’s a way you can try something for your own business for your own school for your own uh you know application or for yourself as a person as a human try deploy if it works great try it out and uh go from there i love that i love that so when you were when you were you saw this vision you saw the need and you started to build right how did you go about the process of i’m not sure if you needed to raise capital for this venture you obviously needed to acquire users you needed to build a team i’m not sure if you have any advisors not asking for sensitive information at all i’m just kind of curious of like okay you have the vision you see it what do you do from this point you know do you do you start building the team do you start going out and raising money do you start putting together an advisory board do you start going and just talking to users and you know how did you actually push that forward okay so when that point came about it was really about forming the core team core team of people who believe in the vision because everything else can come in easily you can hire any number of people you could find money money is always there it’s it’s the most surplus thing in the space right now uh so the biggest challenge is always to align yourself with people who believe in the vision who believe in you believe in the future steps someone who has the long-term perspective not for three months six months you know bull season friendship but with who someone you can travel for longer and that’s how i met mitch rankin and we started working together on that and bringing everything that we got and continue building it uh so from that point we started understanding working with a lot of other partners and other applications experts in the in the edge tech space started gathering more details on what they want to see what is their vision and that sort of growing our base of aligned people with the similar vision much much much wider in the blockchain space and outside of it because again being within the blockchain space helps us to an extent uh to create better technology but unless we go to the real world and connect them both together we are not making something extraordinary useful uh so we did that a lot of that and when it came to uh you know team it wasn’t it wasn’t super hard because i was running an agency with 350 people uh carving out 35 people to focus on this wasn’t hard and uh we started adding more people from our existing well-trusted team and we also hired amazing people uh who shared the passion because having trained marketers is one thing but then you need management a set of people who are also passionate about the changing the world creating an impact the education aspects and so on so we brought that team and started churning started working and started moving forward money as i said comes in easy because when you build something great especially in the blockchain world people come and they knock your doors they would be like i want to invest 200 thousand dollars half a million dollars people who come in with that you would be the ones who would be more reserved rather than time because of play this the space is flooding with uh people who made 50 x 100 x 200 x or 1000x over the period of last years uh so their risk of it is extremely high and the opportunity to raise money is high so that’s like the last thing to worry about but then having something that’s sustainable a product that would live for the next few years at least three to five years uh is really the goal because if someone can sustain for three to five years in the space uh i am very sure 90 of them would end up with a unicorn if they persist and continue building so uh once that is there with the visionary team and then strong people who believe in everything else is attracted money technology uh you know resources that you need partnerships everything comes into play and from there it’s like firecrackers that’s amazing you know that’s actually a very very similar process to what is outlined in the book good to great by jim collins that was a foundational uh business book one of the ones that i first read getting into entrepreneurship all those years ago but the concept is get the people on the bus before you figure out where the bus is going because when you get great people together you may have started off looking at opportunity a but you get all the great people in this thing together and then as you’re building something you’ll naturally shift and move to maybe destination b or c or d or all of the above and it’s really really powerful so it just kind of seems like um jim collins retroactively was uh was was echoing your words now which is really really interesting um okay so you’ve been doing all these things you’re building out this incredible ecosystem you have a ton of people working with you um how do you now take all this knowledge and all this information and all of this value and let’s apply this to crypto gaming how did that come onto your radar and what are your thoughts about it like what is it how did you feel about it when you first saw it what have you been doing since then okay so with the crypto gaming to be honest my perceptions there again more focused on real world utility obviously not just playing games making games because right now you have so many games coming out uh but after the bull run look at how many games survive after another one year one and a year two years it’s going to be minuscule so i i my perspective on crypto gaming came from the education side because i wanted to have games which make learning easier and at the same time with just like the play to uh earn concept there is always a way you can be paid to learn uh so both of those went hand in hand uh so if people can be in some device to learn through games and earn to feed themselves in a lot of underprivileged economies and countries it could make a massive impact and on the crypto game by itself uh the whole nft and game craze it is said to grow drastically in the coming months and years uh but just how crypto evolved it is not going to be in the same form it’s not going to be uh in the same games would not exist and things would change drastically 100 200 300 percent different from where it is right now and my vision is that the apart from the games that exist for the fun which a lot of people the gaming world is very big there’s a lot of games that always takes just for the entertainment purpose but there’ll be more and more games created even for utilitarian purpose and crypt there’s nothing better in the universe than having uh you know micro payments and distribute a decentralized model of gamified environments other than the blockchain and crypto where people can earn and it can be distributed every few minutes every few seconds hovers and it can be micro mini mini micro transactions and it can still flourish where people still have the ownership of the assets they get inside the game the coins and the uh characters nfts and whatnot and own it for the first time a game goes down a game server goes down it doesn’t mean you lose or anything and everything you can even move from one game to another move the characters and that is revolutionary along with the idea of my towers uh which again was super exciting for forward protocol because we were exploring the educational materials uh working with two of our partners and making that happen uh and it changes uh how the world is operating especially the covet and the pandemic the way it changed as being more digital now it creates an opportunity it in fact leads into the metaverse uh making it possible and the facebook’s change of name that is a change of direction that’s that’s like pretty much giving a wake-up call to everyone in the world that the time the era of metaversus have come and uh still the meta versus on very early stage uh most of these meta versus cannot sustain the way it is right now it has to change the models have to evolve and most of them will die and many will be consolidated but as that grows the utilitarian objective-driven businesses and organizations who take over communities would start coming in and they would make a better use of the gaming gamification meta versus etc together and bring that to life in ways and forms we never imagined and that day is not far because uh 10 years in the blockchain world is like six months i would i literally have thought that so many times it’s like you spend a whole day and you’re just in the industry and like you finish up for the day your mind is still racing your phone’s still buzzing and it’s like all right i feel like i’ve been doing this for for a whole you know 70 days already and it’s only been a single one in in the best way in the best way because it’s like so much progress can happen so quickly it’s incredible so i’m so interested in understanding you know from your perspective there’s going to be so much action and you know facebook’s coming in they’re entering the space they already have oculus so they have a heads a large head start in a lot of ways they have a huge community and a huge network already of people and one of the biggest parts at least from my perspective of crypto gaming and the metaverse is the network effects because the more people that are participating in any one metaverse or network of of um businesses that gives it its power like the true value i believe is in the community and the technology so as an investor as somebody who’s building and a founder and a marketer as well like how are you preparing for this coming revolution i mean are you are you like investing in new up-and-coming games or are you looking at like launch pads accelerators or studios um are you you know you’re shifting mark your marketing focus to be focused on marketing in the metaverse or like you know how just what other things are you doing to prepare besides conceptually understanding it to like take action to get in there now to be prepared for when it continues to you know go parabolic that makes sense so ideally from an investment standpoint that’s obvious that’s something that everybody does these days but i’ve been running utopian capital a fund since 2017 so we do heavily invest on anything that is something that we believe will sustain the next five years and has an adoption focused in it uh definitely not the short-term business uh so there are opportunities that we are part of in that process but beyond that uh forward protocol is looking at working with couple of meta versus that we are already uh integrating with and that is because this nfts and gaming and meta versus are not going anywhere it is going to integrate itself with everything around everything any industry and every other industry as well so it’s it’s like everyone will be pulled into it at one point or other and we just started taking those forward steps before the crowd comes in and uh you know from an uh marketing and agency standpoint we have already worked on a few metaverse and nft based things uh but our focus on my focus pretty much reminds on making an impact reaching a billion lives through forward protocol that is where 100 of my time my energy is because there is nothing better than impacting lives of people showing them that there’s a new opportunity new world out there uh where things could operate differently where all the problems that pretty much kept everything static for years and decades could change over you know shift a single shift and that’s that’s powerful message to convey uh so that’s where my passion lies and i would obviously be working with various uh you know meta versus and so on uh through forward protocol and through our investment dom and whatnot uh and you know forward protocol would also be creating various modules for nfd space uh we just launched a proof of ownership uh contract where we were able to uh not only buy trade speculate nfts but we were able to license lease and trade them because if there’s no real world utility trade in commerce to something like an nft the utility is going down it can be speculative asset only for so long uh but it needs to be useful so just like shutterstock for images where people can license and rent things uh we want to have any nfp through our platform through our contracts can be leased and licensed and rented uh and beyond that to help with that option uh we came up with the concept of gasless minting and uh also having the ability to batchman like if an ecommerce site wants to create and let’s say put up and connect with them at ours and have ten thousand products of this listed there in their store uh then they need to be able to mint in batch and get that live so providing that connectivity to the real world uh to the nft and metaverse that’s where my interest lies uh that is i believe is the one factor that can grow the entire world of meta versus and nfps more than anything else yes the pr coming from the facebook side and the strength that they have as a community as an uh brand and as an organization that’s huge uh but then we also need to enable every other person out there to come in just because facebook exists doesn’t make uh make it easy for everyone to make their own websites in the same way just because facebook focus on meta hours they all can be users but they will not be running their own entities businesses organizations and communities and enabling that is the biggest change maker in the world and that’s where my focus is i love that so i want to be very very cognizant of your time and i’m extremely appreciative of every all the time you’ve shared thus far so i just kind of want to get a little bit more in depth on your vision of the future of the metaverse you know i’ve heard people say so many different things and a lot of smart people and you know not smart people but you know everybody’s opinions valid um i’m just curious like what you see as the future um i’ve heard people say it’s gonna be weird it’s gonna be very strange um you know maybe there’s a world where unlike the back end of each individual metaverse they’re like these portals to jump from metaverse to metaverse and so everything gets way more connected maybe there’s there’s an infinite number of ways that this can happen and this can be you know so what do you see as the end game of where it’s all headed you know is everything going to be consolidated in in you know a couple of top metaverses or it’s going to be a bunch of different ones that are all connected like what do you see as the future of that where’s the industry really really headed end game i would uh i would pretty much project that based on how the patterns have been set over the years so we have hundreds and hundreds of coins and your privacy coins normal ones you have those which are faster cheaper what not uh but end of the day if you need to accept a crypto payment you accept as bitcoin ether usd usgc one of those things you would not necessarily mean like if you want to pay someone by z cash there will be very few people who accept it what if i want to pay you by uh sheba you know how open would you be to accept it so uh that will be uh you know there will be a lot of things happening some for entertainment some for real world utility but there will be a very few that sustains it’s the same thing with payment gateways like if you take a step back out of the blockchain space there are a million payment gateway providers but there are only few like stripe and paypal and few of those which ended up being the main uh providers and there are a few providers who are regional specific or specific to a particular industry because they specialize on like the high risk businesses based gaming like the provider of payment gateways and so on so that way the meta versus would evolve where uh there will be a few primary meta versus like others which are like for you know based on views like the privacy based metaverse and whatnot there will be metaverses for industries like you know education or uh hospitality what not and uh there will be kind of like you know metabolism for tourism people who can just go there and enjoy with the virtual reality the whole world without going anywhere from their pet and then there’ll be few of those and there’ll be those which mixes everything uh like the way the facebook is in the social era mixing quite a lot of things and bringing it on anybody does anything they have it there as well uh so that way the the changes could go on uh but in the future i the way i see the organizations and businesses they would have their address now if you want to visit this store you visit them on a particular meta hours you browse through the store you see things and you feel things there uh and you try and because already i can see many of the websites right now even traditional businesses now they have live demo and if you click on that you go to the zoom video call where they actually show the demo and the next thing is to connect with the uh you know oculus quest and etc to bring that vr capabilities and then comes the metaverse capabilities and it’s inevitable you go out if you want to make payments right now you just have few qr codes to scan few brands like google pay a few of those dominating ones uh make that progress happen and all of that is going to change the similar pattern carrying in the world of metabolism the only difference that i see is that metaversus would be more decently governed so it’s not like one brand launching a metaverse and saying this is my brand your data is owned by me that doesn’t work anymore so now it will be community-owned meta versus our meta versus which are jointly going could be started by a brand but then the governance would be decentralized so those changes are very likely to happen and the commercial aspect is what is going to make it thrive people coming in wanting to buy something people coming in because they know that there are there isn’t you know street full of all amazing fashionable brands that they want to go shop around when that happens it becomes real world it becomes and it becomes a real virtual reality in its existence and uh that’s fantastic at that point because then you truly own your experiences you own everything uh you in fact you could even record yourself being in the metaverse and convert that into nfps in a click and sell your experiences like people play games and they show their videos to others and people watch and that’s a big industry now people go do stuff in meta versus i’m shopping and i’m recording 24 hours of my shopping experience and i’m gonna share those new uh derivative classes would come in uh just like in financial world now you have you know nft is experiencing nfts and some nfd’s that comes from that so you’ll have those derivatives and that’s going to increase the evaluation the total uh amount of money that’s in the flow obviously weaker things die stronger things live and that’s the nature of life and that will continue to go on until we reach at a point where you know it’s practical i love that i love that well mr kia i want to thank you so so much for uh for coming on the show today and uh sharing everything that you have um i do want to ask though before we wrap it on up um you know what question should i be asking you that i just wouldn’t think to ask okay that’s a very good question

you’ve been thorough so far uh i would say that shifting the focus not only from the future of the metaverse because the future is happening whether we see it or not it’s happening uh but more about how as an individual or business owner what can i do right now to start being in the meta versus start having my you know leg and dipping my feet in the world of nfts or gaming what can i do around it and how can i build a revenue model for myself around it would be a very interesting question because being in the blockchain space as you rightly said is one thing but being in this sector is a whole different thing and each of those verticals from gaming to meta versus and nfts they’re all a world by itself and that that i believe is the most important aspect pretty much like the uh you know training like the self-development training programs where you draw a chart about how your physical aspect of your life emotional relationships everything else draw a blockchain chart talk about how much you have experience learned explore the gaming aspect the metaverse aspect the trading aspect the uh understanding the fundamentals the technology aspect put that chart to get a complete perspective because everything is connected you could be in gaming but you’re part of an nfp and metaverse and you have a coin that is related to the trading aspect which is in related to security of holding in your private ballots or exchanges it’s all linked it’s all it’s one big thing uh but knowing how that connectedness works and being in all these areas gets the mind to start thinking the creative things expanding your thoughts and ideas from there and when someone comes in there at that point it connects the doors for them and they can figure what they need to do next so yeah that would ideally be the next step be part of all these experiences create your own experiences create your ideas blog about it put it on medium share it for free there is no patents and trademarks anymore it’s all about a free world of connected ideas and uh let’s make an impact happen i love it well mr key again thank you so so so much uh where would you like everybody to go next what’s our call to action here for the end of this episode so check out my linkedin linkedin.com slash in slash mr key uh that’s a place where you get to know more about me or my twitter which is connected from there but do check out forward protocol forward protocol is changing how a lot of things happen in the world and uh it could change what you look at and how you do things in the blockchain world as well amazing well again thank you so so so much and for everybody watching and listening i know we covered a lot here this can be very complex we really scratch the surface but even the gentlest of scratches can still be complex so i would highly recommend going back through taking some notes listening a couple of times really let mr keys words and thoughts and ideas sink in um you all are getting to hear from and listen um to greatness to somebody who’s absolutely redefining how the world works so don’t pass up this opportunity to sync it all in because um there’s you know there’s only so much of it that exists in the world so take advantage of it um so thank you very much mr key thank you everybody’s watching listening thank you and i will see you all on the next episode take care now

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Ben Gothard | Founder, Crypto Gaming Institute

Founder of the Crypto Gaming Institute & host of the podcast. Passionate investor in crypto gaming & the metaverse. I live my life by the 7 core disciplines.