The founder of Electronic Arts will join as co-founder and
security chief of Games for a Living (GFAL), Hawkins told Reuters in an
interview.
GFAL publishes titles compatible with blockchain technology
across consoles, personal computers and smartphones - commonly called Web3.
Interest for Web3 gaming has risen over the past year as it
is touted to attract more cryptocurrency users. Players can own, sell, and
trade in-game goods in such games.
Hong Kong-based blockchain gaming developer Animoca Brands,
which backs popular NFT game Axie Infinity, raised more than $500 million in
2022.
"Web3 is the bridge to the metaverse," Hawkins
said on Thursday. "And if we're going to make a metaverse, the economy of
the metaverse has to be more like the real world."
Although there are concerns around security as
"cyberwallets" are more prone to hacking, developers are also looking
to diversify their platforms amid stunted growth and high app-store fees.
Founded in 2021 by former King executive Manel Sort, Barcelona-based GFAL had a post-money valuation of 13.2 million euros ($13.96 million) after its latest funding round last year.
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