Jamie Thomson, CEO of Vulcan Cast, on The Way forward for Blockchain Gaming and Rising a Firm from 1-120 Workers | Ep. 205

In an unique interview with cryptonews.com, Jamie Thomson, CEO of Vulcan Cast, talks about the way forward for the metaverse, the way forward for blockchain gaming, play-to-earn sustainability, and get your coin listed on huge exchanges. 

About Jamie Thomson

Jamie Thomson is the CEO of Vulcan Cast, one of many main blockchain sport studios and makers of VulcanVerse powered by $PYR. Vulcan Cast is a longtime non-fungible token (NFT) sport studio, market, and Decentralized App incubator with 15 video games, a userbase of 120,000, and a prime 10 NFT market quantity.

He lives in Greece, graduating with a Grasp in Training and Synthetic Intelligence from the College of Sussex and Washington, respectively.

Jamie Thomson gave a wide-ranging unique interview which you’ll be able to see beneath, and we’re glad so that you can use it for publication offered there’s a credit score to www.cryptonews.com. 

Highlights Of The Interview

• Metaverse future – what to anticipate
• The way forward for blockchain gaming
• Play to earn sustainability
• How gaming and creativity can make the most of blockchain know-how
• Getting listed on huge exchanges – the dos and don’ts

 

 

 

Full Transcript Of The Interview

Matt Zahab 
Women and gents, welcome again to the Cryptonews Podcast. We’re buzzing as all the time, and I am tremendous pumped to have in the present day’s visitor on the present. He is coming in sizzling from stunning Greece, simply outdoors of Athens. At present now we have Jamie Thomson, the CEO of Vulcan Cast, one of many main Blockchain Sport Studios and makers of VulcanVerse which is powered by PYR token. Vulcan Cast is a longtime NFT sport studio, market, and Decentralized App incubator with 15 video games, a person base of 120,000 and a prime 10 NFT market quantity. Jamie at present lives in Greece and graduated with a Grasp’s in Training and Synthetic Intelligence from the College of Sussex and Washington. Respectively Jamie tremendous pumped to have you ever on welcome to the podcast, my buddy. 

Jamie Thomson 
Thanks very a lot, Matt. It is pretty to be right here. Large fan of your podcast. So it is a bit surreal being on right here myself. So thanks for having me. 

Matt Zahab 
Respect the sort phrases mate, I would like to begin with a hearth thread that you’ve got had a few weeks in the past and, that was kind of your greatest classes, your 5 greatest classes of 2022 I’ll ring them off for you. I completely cherished it. Your 5 classes are as follows. Primary, there’s all the time somebody who does higher so use them. Quantity two, saying no is initially exhausting, however it can make life simpler. Quantity three 99% of Crypto Twitter does not do diligence, which is so freakin true. Quantity 4, cardio is healthier for weights for temper, which is perhaps a sizzling take. I can not wait to get into that. And quantity 5, writing stuff down, i.e. your schedules and targets really works, which I utterly agree on. What made you write this thread, however you simply proven on the finish of the 12 months being like yeah, like that is what I discovered. 

Jamie Thomson 
Yeah, it was simply kind of midnight laying down on my couch realized I have not tweeted for about 4 days, the whole lot I tweet is normally Vulcan Cast associated. So I believed I’d share my job bits of knowledge in a option to convey it to interact as many followers as doable. However yeah, I imply there was some reasoning behind it. I imply, the primary one is what an important I imply, clearly is we’re a bootstrap firm. So it was actually simply me and one different particular person 4 years in the past. And as you get larger and greater, it is very straightforward to let the ego kind of managed. And actually, I believe you would do the whole lot and, not let go of your infants that have been. And I believe it was in all probability two, three years into that the place you notice nicely look there may be somebody who’s educated to be a advertising and marketing officer, there’s somebody educated to be a marketing campaign supervisor, proofreader as a lot as your thought and, you are the founder. There are individuals who know issues higher than you. And since I kind of delegated much more of the corporate to different folks and employed higher sea ranges and extra employees, issues simply obtained a complete lot simpler. In order that one will actually pay near dwelling I believe. 

Matt Zahab 
And also you guys have grown to have what over 120 workers, I imagine like how loopy is that rising an organization from 2 folks to 120 like that in your headcount. 

Jamie Thomson 
I do know. It is mad is part three, if you if you say like that, but it surely simply occurred does not occur in a single day. It simply kind of simply kind of grows and also you suppose okay we’d like extra workers right here, extra workers there you do rely at some point and also you notice that’s it as huge as it’s. And I do not suppose we have been ready, often because we’re within the metaverse space and the pattern and we kind of roads that rose that hype up final 12 months. And that is when issues simply obtained completely surreal. It was really form of scary often because PYR was a token we put out simply actually for enjoyable, really a utility token for the video games. After which Binance listeners who’re telling us and Hobi Bliss is telling us and we’re similar to, oh dangle on a second, you bought to get market makers go do that. And so they’re throughout Twitter. Everybody’s speaking about people who find themselves similar to what what is going on on right here? And so yeah, it was fairly the educational expertise. However I am form of glad for this complete bear market. Nicely, that already exists allowed us to form of simply focus again on to the fundamentals once more, regroup, have a correct technique, correct folks, and simply kind of settle again down and construct into these stealth modes of studying. Prepare for a sport when it occurs. 

Matt Zahab 
I like that and saying no is initially more durable but it surely makes life simpler. I am an enormous Tim Ferriss man, I like the Tim Ferriss Podcast, I’ve learn all of his books. He was the one who obtained me on this, you ought to be saying no 99% of the time really was Navall Ravikant who says, should you’re not 100% sure, should you’re not even should you’re 99%, it is a no, that is an ideal quote. You’ve any particular examples of the place that was a phrase that has been so useful? 

Jamie Thomson 
Yeah, I imply once more yeah, undoubtedly. With the enterprise of the start, you form of wish to please all people, and also you wish to say sure to each podcast, and everybody. You gotta be kidding you are so small that everybody is aware of you as an investor. So that you’re form of buddy that need the group. So, oh, can now we have a gathering right here? Are you able to assist me with that? And also you say yep, positive. And he realized that really, people typically are very nicely, they’re resourceful creatures. In case you say no, and you may’t do one thing and other people can deal with it, that they’re going to work it out. They will not get offended. And also you’re proper, precisely that except you are 100 million% desirous to do it, there’s nothing flawed with saying no. And I believe that may be translated to different walks of life. You realize, when a buddy invitations you out, otherwise you there’s some kind of celebration or some trip you suppose, nicely, if I say no, they’re gonna suppose this and the opposite one which nicely, who cares? You realize, simply if you do not need go, you are not gonna get pleasure from it anyway. So say no. So yeah, once more, it was enterprise associated, I’d have thought and now as a result of say no is much simpler, and they do not get offended, and so they do not kind of I believe you are the satan incarnate. And actually they in all probability respect you extra for having the boundaries to say, , that is what I need and don’t desire. 

Matt Zahab 
100% you mentioned that precedent and my favourite one of many 5 Jamie and simply the most popular take cardio is healthier for weights temper, you’d fairly go on a pleasant future or a pleasant lengthy bike than, , throw a bunch of heavy iron or metallic round actually? 

Jamie Thomson 
Nicely I imply, for self-importance functions, weight all the time wins. However I’ve by no means come out the health club after a weight exercise and felt like simply that optimistic the endorphins you’ve got should you do like even a five-kilometer run or the cardio or one thing about burning up that lengthy sq. that simply makes you are feeling such as you’ve achieved one thing, nicely, that power is gone. I’ve by no means obtained that I’ve simply wait and clearly each for the very best factor to do. And that one factor is a bit random in comparison with the opposite 4. However I used to be pondering nicely, what can I do I have to make 5, I can not do 4 pearls of knowledge. 

Matt Zahab 
It is rather true. I all the time discover after I go on even similar to a 5k run and even only a lengthy stroll. The rationale why you maybe I really feel somewhat higher after a reasonably kind of strenuous health club session is as a result of after I’m within the health club, I am actually targeted on getting each ounce out of that set. Whereas on that run it is similar to after kind of the 10-minute mark whether or not I am listening to a podcast or music or nothing, it is simply my thoughts simply wanders, , I really feel prefer it’s virtually a supply of meditation. 

Jamie Thomson 
It’s mindfulness, you’ve got obtained no selection however to focus in your respiration. There’s nothing else round and naturally the bodily advantages are there and yeah, completely agreed with you. It is Oh, I did not know you have been on the identical web page. I believed you if you mentioned sizzling take, it means you’re going to disagree with that time. 

Matt Zahab 
No, to be trustworthy, I did however after desirous about it, I used to be like rattling, he is already obtained me I am already going again. It is actually not that onerous of a take. He is proper to. I adore it. Let’s get into among the enjoyable stuff right here. You at present dwell in Greece. Why the transfer should you do not thoughts me ask it. I imply Grayson’s a deal with however why Greece, in every single place? 

Jamie Thomson 
It’s what it was 5 years in the past my ex-wife now. I imply, it was Greek. So I moved there 5 years in the past, and we had somewhat daughter. So after which I arrange the workplace right here. And in order that was 5 years in the past. And I simply clearly I can not go away now as a result of I’ve obtained a 4 12 months outdated lady right here. And we have got the primary workplaces right here. And so we have got about 50 employees right here and the Greek workplace. I’ve obtained a baby right here and simply my base and simply , was Greece. And since I’ve by no means actually recognized with the UK very a lot. There’s one thing very quick paced and individualistic about , the life-style within the UK, whereas Greece is much more household oriented. You realize, folks know one another that, , they occur to kind of discuss to strangers, I’ve observed this can be a pleasant place to be one of many first nation I’ve lived in the place I felt like really, at dwelling after I was right here. And naturally the summer time right here is one thing else. It is not it isn’t like Dubai, you repeat. It is similar to dry stunning seashores. Yeah, precisely so a lot of good causes to be right here. 

Matt Zahab 
And stroll me by way of kind of what you probably did earlier than moving into Crypto, clearly Vulcan has taken off, you guys are an enormous participant within the area, you’ve got developed partnerships with some unbelievable firms and names like Anthony Scaramucci, and Skybridge. We’ll get into all that. However earlier than we do stroll me by way of kind of Jamie Thomson pre Crypto and the way you bought into it. 

Jamie Thomson 
Yeah. In order you mentioned, earlier than I used to be into training in England, I used to be I used to be a trainer there. And I kind of taught youngsters in with behavioral difficulties like , that juvenile delinquent facilities and like who have been prisoners or did not have like a chance to go to mainstream faculty. After which I simply randomly met a Greek woman. And and, earlier than I am simply married with a baby. And after about two months, and I am in Greece and, it is like and, I needed to get like a job instantly over right here in Greece and, it was a horrible job. I believe it was like 500 euros a month. And I used to be simply proofreading horrible finance, , English essays. And I believed nicely, that is straightforward. I am going to do that half a day. And the opposite half of the day, I am going to similar to work by myself little challenge. So I create I got here with this concept referred to as Very Arty, which is like verified artwork, which was mainly open sea earlier than open sea was open sea. And so I had this concept of digital NFTs and nobody understood it. Nobody purchased it. There is a discuss of me at Net Summit in Lisbon a few years in the past attempting to promote the concept there was like , what’s NFT? So I dropped that. I do know, It is loopy. I ought to have pushed it. So I dropped that challenge off the wall. I imply, it was been bringing a brand new possibly 5 10 grand or one thing. I believed okay, it is a market however not huge. After which open CK and it was similar to blew the whole lot out of the water. I used to be like, oh, goodness me there’s a market so degree we all know what’s missing. Oh, I do know video games. So I kind of obtained coated builders collectively. We made some , crappy card sport. I can not keep in mind what it is referred to as and with NFTs and so they simply they simply offered out. Like I believe we offered about 40,000 euros, which on the time after I was incomes 400 euros a month. It was it was unbelievable. It was like okay, there’s a marketplace for this proper. Nicely, let’s go huge after which we noticed Sandbox and Decentraland. And so they have been simply popping out as concepts. I believed, Nicely, why not one thing a bit extra MMO associated bit extra World of Warcraft associated. So recruited extra we develop a workforce we created VulcanVerse that offered out and once more, it was simply one other step upon step and simply , the concepts simply saved coming. Or if you are able to do an open world sport, we are able to do a CCG, we are able to do a tower protection sport of poker, run a sport and, then the Metaverse wave got here. So by that point, we might already positioned ourselves as a Metaverse firm and yeah, so there is a PYR which simply blew up into like, , a billion greenback market cap out of nowhere after which crashed once more, after all, dwell the opposite bloody token, however , is what it’s and up. Yeah, that is just about the trip. I believe the final 5 years. 

Matt Zahab 
What particularly about digital artwork or creating that market and the Metaverse like, have been there any talks or mentors or sources or locations the place you’ve got discovered in regards to the Metaverse and Crypto and extra particularly digital artwork that allowed you to give you kind of, , the primary model of open see earlier than it that like, what I imply? Like I associates, yeah, and he or she was tremendous early due to a buddy of a buddy or as a result of they purchased medicine off the darkish internet want a Bitcoin? Like, what was it that tipped you off into this complete space? 

Jamie Thomson 
Yeah, no good query. It was, um, I began buying and selling, like this job in 2018, or 17, or no matter it was. So I purchased the whole prime of Bitcoin when it was I believe the highest was like 18k there. So after which I simply obtained obsessive about it. And I saved shopping for the dip, I saved dropping all the cash, as a result of I saved dipping and dipping a distinct factor. Okay, so I understood about Crypto from that. So I assume the following step was, I form of bumped into the concept of an NFT. However in my camp, it was extra of a enterprise sense and NFT, like not a digital artwork, however like possibly an IP or one thing in NFT. And I do not know. I do know one in all my greatest associates occurred to be a sport designer sorry, a graphic designer in a gaming firm. And he simply makes essentially the most unbelievable 3D Fantasy Artwork. And I believed, I ponder if we simply do not contact on a couple of of those kind of fantasy characters into an NFT utilizing IPFS. They’re going to promote and we offered it to some associates and a few folks throughout the group of the Blockchain might be utilizing and so they did okay. Folks have been like, what is the level you may good click on and obtain them and all this type of stuff. The courtroom and that was your thought. However it wasn’t a failure was extra so okay. I used to be stunned if folks even purchased it to begin with. And it was fascinating. Folks have been popping out. Nicely, I do not need NFT is. However I like that concept is barely 100. And I am a collector at coronary heart. So I’ll purchase one anyway. Who is aware of. So I assume that collector mentality is what the NFT founders have actually tapped into folks like to gather shortage. And so yeah, so it was that I suppose kind of glad accident. 

Matt Zahab 
Comfortable accident. One other glad accident I like this story. This is without doubt one of the most bonkers tales I’ve ever heard. PYR getting listed by arguably now I assume the 2 greatest Binance and Hubi I imagine and also you guys. No inexperienced mild, no nothing. It was only a this. This token has some quantity, somewhat little bit of momentum. We’re gonna throw it up. Like, did you simply get up one morning and was like, What the heck is occurring? 

Jamie Thomson 
Precisely that! I awoke one morning, a seven of us are like messages from everybody on Telegram and other people say congratulations. What they congratulated me for? And we noticed the announcement. They have been gonna carry us inside like, two, three hours. And we had nothing positioned. I imply on reflection, it was form of apparent, as a result of there have been some folks in the neighborhood of the asking questions and, they have been clearly , that is how they, I imply, it goes to indicate that these exchanges do due diligence. They do not simply, like pay what you need, and so they’ll checklist you. You’ll be able to’t simply pay your approach into the exchanges. They have an inclination to go for developments. So that they predicted clearly, the Metaverse pattern was going to be an enormous one. So that they have been there are all of the Metaverse tokens. And so they will need to have thought, oh PYR  let’s go have a look at the group see if it is natural. And yeah, we had nothing. We had like two hours a scramble for market makers collectively. So it , we did not know what we have been doing on the time. As a result of once more, , the entire Crypto Buying and selling was new to me, I traded myself, I did not ever personal my very own token and all this type of stuff. So we obtained the very best market maker we might discover in two hours, which wasn’t even that good simply to cease it simply utterly imploding on launch. However yeah, I believe it nonetheless did implode on launch somewhat bit. However at the very least then we discovered we discover ways to do it. And we have been simply thrown into the incidence of massive league straightaway. And then you definitely kind of find out about market makers, should you discover out about it. It is an interesting course of. And I do not wish to kind of get myself in sizzling water by exposing an excessive amount of about how the method is however I’d love at some point, , as soon as all this , after I retire the agent each time 78 or no matter, I would like to do a podcast about how the curiosity intricacies of Crypto works behind the scenes like what exchanges requested for. The way you get these advertising and marketing issues might be all of the stuff that folks in all probability wish to find out about, however do not find out about. So it has been an actual perception. 

Matt Zahab 
Give us the TLDR like you do not have to go tremendous excessive low degree form of factor. And clearly I do not wish to scare you in any capability however like stroll me by way of a few of this small issues that the common Joe would not know such as you talked about market making if you launch your token if you do not have a market maker, folks can type the shit out of it immediately, you will get completely toasted. Like stroll us by way of among the intricacies that maybe , the common Joe or Josephine would not be cautious sufficient. 

Jamie Thomson 
Yeah, nicely some exchanges in all probability, prime 10 hundreds 10 to twenty. They stunning a lot duplicity for a payment, that so long as you are not some horrible rip-off initiatives , they’ll ask for like, a payment which is within the lots of of 1000s, normally, relying on what the market is. After which you may checklist there, however the situations are listed on an change, it’s a must to have a market maker now I believed the phrase market like beforehand was like, Oh, that may’t be authorized, or how will you have a market maker but it surely’s really completely authorized since you want liquidity within the books. I imply, there isn’t any approach any token has like folks shopping for each single second of the whole lot and shopping for and promoting so it isn’t about that. It is about maintaining liquidity and like , so folks promote lots it will not dump the value. If it can purchase lots you may you will get that and use it once more to purchase once more. So there are totally different Individuals do a complete thread about how market making works. There’s totally different methods market making makes use of. It’s a must to signal contracts after all, if you if you signed to change, however yeah, it is exhausting. I’d like to share among the stuff on that. And one other factor is a few of these YouTube issues until the start, we have been like doing all these AMAs dwell with as many communities that now we have. And it is loopy. A few of the these YouTube personalities, we by no means went with them on the finish. And I am not gonna point out any names. It is similar to they ship you want, it is like a menu, however submenu of like we are able to get it is, the entire thing is simply it is a enterprise inside a enterprise. Every little thing you may is monetized on this world. So yeah, I am going to do an AMA at some point after I’m after I’m protected and retired maybe. 

Matt Zahab  
It is loopy the way it’s each step of the way in which, proper? After which there’s lots of issues folks do not perceive like , for example for instance, you are in Europe proper now let’s examine, the vast majority of your group is in Europe and, I am at present in North America, the vast majority of my group is in North America, you’ve got China who although they nonetheless are technically not allowed to their Telegram teams from China which have 20x, our goal market slash demographic and, that you must bounce on an AMA with them. And so they have translators, as a result of clearly, I don’t converse Mandarin or Cantonese. After which they’ll , translate the whole lot I say. And should you get your geese in a row and, you may persuade them to purchase your token, you now have an enormous Chinese language group who as nicely who like there’s simply there’s so many little similar to you mentioned, folks with menus their Telegram teams right here, YouTube creators right here, TikTok guys right here, it is simply each step of the way in which is absolutely monetized, from actually token launch all the way in which as much as really getting it listed. After which as soon as that occurs, it is the reverse down as nicely. It is bananas. 

Jamie Thomson 
It’s. I imply, I all the time thought , once we pay attention and purchase that I believed okay, nicely what now , I get we’re on Coinbase now, as a result of there’s yet another step up, but it surely was like okay, what now that is the tip. After which I keep in mind, like some folks mentioned to me, no, that is just the start, , the markets gonna nonetheless gonna go up and down. However at the very least you are on the most important change now. So it is accessible to others. Yeah, after which on prime of what you mentioned, generally you get picked up by an influencer to a very natural chief who has an enormous following. And so they says, Oh, I am getting this and he was trying on the candle. And it is similar to, entrance, we had that after final 12 months, I believe it went from $4 to $10. In actually as a result of one man who was fairly huge tweeted about us, and it was simply , holy moly. After which folks tagged on to the $10 that, okay, goodly went as much as $50. And folks began speaking about this, the following Axie after which that form of narrative runs with folks and it simply, it reveals how a lot is concept. However yeah, know it is an interesting world, if not a bit hectic the most important stress of all of it I believe for me it isn’t a lot the workload, it is the very fact you’ve got obtained 1000s 10s of 1000s of buyers in your shoulders. And like in any market, whether or not it is a bear market, particularly in a bear market, something you do which they cherished prior to now is rather like , it is the satan appearing and, you simply cannot get something, proper. And you are feeling that and I am going to mattress and, I get up with it feeling like okay, , as a result of I’ve to clearly, I can not alter the value and should not care in regards to the value, however you do as a result of, , it impacts buyers, and also you need them to be glad. However there’s nothing you are able to do. If it is a bear market, you bought to maintain delivering and get by way of it. That is essentially the most hectic factor actually, having a group that are all the time wanting you to ship, mainly make them wealthy . 

Matt Zahab
it is also a lot totally different being a publicly traded Fortune 500 CEO versus being a, , a CEO of a billion-dollar Crypto group. Whereas if I wished to hit up some CEO from Fortune 500 I would must get by way of 5 totally different assistants and possibly if I ship in an ideal chilly e mail, I might get my foot within the door however with you, I can simply cha-cha slide into your DMs or I can hit you up on Discord or you do not I imply, prefer it’s a complete totally different world. 

Jamie Thomson 
It’s. I am going to let you know the place and if I did not reply it will be like nicely, the CEOs does not reply. The CEOs not do that not Docs will not be clear sufficient. I am speaking about group on daily basis and I am there and even now committee members messaged me and I helped them with a problem I am pondering think about like a shareholder of Tesla simply phoning up Elon Musk and asking him for like a correct factor however that is Crypto as a result of there’s been so many friggin scams within the area that you must be absolutely clear it’s a must to be there you may’t simply be like behind a masks and all this type of stuff it’s a must to be there with the intention to achieve success. 

Matt Zahab 
Very true. Jamie we’re gonna take a fast break and once we get again, we’re going to discuss the whole lot Vulcan Cast associated Metascapes Gaming Elysium the B2B half and naturally VulCon 3 with Anthony Scaramucci and SkyBridge. However till then, gotta give an enormous shout out to our sponsor the present that’s PrimeXBT we at Cryptonews love PrimeXBT as they’ve been longtime associates and unbelievable companions. They provide a strong buying and selling system for each novices {and professional} merchants does not matter should you’re a rookie or vet. You’ll be able to simply design and customise your layouts and widgets to greatest suit your buying and selling model. They’re additionally blessing listeners of the Cryptonews Podcast with an enormous promo code. Use the promo code CRYPTONEWS50 that is CRYPTONEWS50 to obtain 50% of your deposit credited to your buying and selling account. Once more, that’s CRYPTONEWS50. All one phrase to obtain 50% of your deposit credited to your buying and selling account. And now again to the present with Jamie. Okay, let’s get into among the enjoyable stuff right here. One in all my favourite issues about Vulcan is the Metascapes, which is just about like a Metaverse as a service. I assume that would not be SAS they might virtually be mass. Yeah, mass some mass. And this can compete with Metas Horizon Worlds, which is kind of their model of Metaverse as a service the place, whether or not you are a person firm and, once more I do not even suppose there’s betas out but. They’re nonetheless very early stage, however you may come out, and you may just about whip up your individual Metaverse. There’s an enormous want for that as a result of making a Metaverse and sharing digital worlds is a particularly complicated course of. I do know you guys are engaged on this with lots of instructional establishments, it looks as if an ideal match. It is simply a lot extra enjoyable to kind of study and be engaged in a Metaverse as a substitute of simply been on a Zoom name the place you are actually checked out in 4 minutes. Stroll me by way of that complete course of. How tough has it been to construct this? I do know you guys, I imagine you simply launched essential internet as nicely. However inform me what you’ve got transferring groovin in that regard? 

Jamie Thomson 
Yeah, positive. So I believe Metascapes got here out of extra trial and error with our complete play to earn economic system. I believe the entire play to earn factor I believe is essentially flawed in that you may’t actually marry the 2, the 2 mindsets of enjoying for enjoyable and attempting to earn cash. I imply, folks nonetheless pays to play video games. And the minute you begin placing away to earn cash, folks do not care in regards to the high quality of the sport. Folks do not care what they do wish to get as a lot cash. So that they’re two utterly totally different demographics. And that actually jaded me for some time pondering nicely, okay, we are going to plan to mix the gaming market with the Crypto market and it would be a zillion greenback market, however they’re two very unbiased markets. So we form of steered away from the play to earn mannequin somewhat bit and we nonetheless have it in our video games, however you have to earn lots of expertise, you have to play lots to get there. You realize, I am going to simply get farmers coming to find exploits and grinding only for the cash. So we form of suppose nicely, we have made this excellent engine and constructed VulcanVerse the place you may construct your individual plots which is form of cool. So you may kind of construct like a Hades underworld land and like in our Arcadian shrine, all this type of stuff. We thought, nicely, okay, that is cool. So why do not we do outsource our work to another Metaverses another advantages initiatives asks us to do it for them, good for them. So nicely dangle on a second what about making this engine much more common. So we thought okay, so here is our probability to form of begin once more, somewhat bit. Minecraft is a multi-million person software. I imply we’re speaking , lots of of tens of millions of customers, they do not get any cash out of this. And so they nonetheless play, creativity, self-importance these items sells. I imply, folks love making issues and displaying it off. So there’s a marketplace for that. So we thought, Nicely, okay, nicely, that is what the entire thought of Metascapes is. It is form of like Minecraft on the Blockchain. So there isn’t any incomes potential is when it comes to gameplay, you kind of simply , morph your land in a world in a stylized cartoon approach, somewhat bit higher graphics and Minecraft and, then you definitely tokenize that plot into an NFT. And you may kind of promote it to others and kind of, , mix plots and land and it is infinite form of world actually. And that additionally got here off the again of VulcanVerse solely being 10,000 plots, which was like, it appeared to be the factor on the time Sandbox decentral land was all restricted plots of lands with our Woodlore restricted, however the bother that’s it simply means you’ve got obtained 10,000 customers. And so yeah, so I assume Metascapes might be the evolution of Blockchain digital worlds, I would say is one in all most enjoyable merchandise for us. 

Matt Zahab 
It is bizarre to the entire 10,000 kind of NFT or PLA factor was so cookie cutter and cliche and it was simply the usual when like on the finish of the day, it is towards me that scars to the side for value to go increase. But when the aim is to create a sport and 90% of NFT initiatives do have some sport intertwined and built-in in it. The entire level of a sport is to get mass adoption such as you have a look at the Name of Responsibility’s and the FIFA is and the NBA and the World of Warcraft and Neopets, no matter your aim is, but it surely’s like these have been lots of of tens of millions of customers every. Prefer it’s bizarre I used to be sorta requested backwards. 

Jamie Thomson 
It is like we regressed somewhat bit. I imply, the play to earn market is nowhere close to it isn’t even a fraction of the gaming market. The gaming market is I believe, $10 billion or one thing silly a 12 months. There’s greater than that, in all probability. And folks pay to play. I imply, you are not going to cease folks paying for a greater sport. So that is the case. It is like why bribing customers to play a sport of yours was performed to earn so however the whole lot’s obtained to begin someplace. And I believe NFTs are doubtless going to be part of one thing in leisure, whether or not or not it is gaming, I do not know there is a purpose that World of Warcraft hasn’t adopted it. There is a purpose Name of Responsibility does not have it. Ubisoft tried to do NFTs they have been met with large resistance for that. So possibly it isn’t similar to you say the ten,000 factor for NFTs should you discover the NFT art work, it is very area of interest. It is very clicky. It is definitely , actual digital artists will not promote very nicely. They do NFTs or combat there will be hatred for of their group. It is prefer it’s apes. It is Crypto punks. It is like very obscure bizarre artwork. So I believe it is a complete new demographic you are entertaining with this complete NFT thought and the way huge that demographic is stays to be seen. I suppose. 

Matt Zahab 
So Jamie, you and I are in the identical yacht with reference to play to earn and, I believe play to earn is I believe the time period is lifeless. I believe it needs to be carried out. I believe I am fairly darn optimistic, that it needs to be a play have enjoyable, like conventional gaming and, maybe you would earn , it isn’t like earlier than the place it was incomes is the bread and butter. It’s the main worth prop of mentioned gamer mentioned , NFT group or economic system. I really feel prefer it’s obtained to be play, have enjoyable along with your mates. And if in case you have an opportunity to earn that is nice. However like do not count on earnings to be the first side. 

Jamie Thomson 
Proper yeah. And even that the minute you are placing, just like the slight probability of incomes, then the folks you are going to be attracting to the incomes potential are going to be targeted on that. And what are the various incomes in you are placing a ceiling on the artistic, the how good the standard of the sport could be, as a result of Axie Infinity was I say big inside Crypto gaming, due to the incomes potential. I imply, the graphics and gameplay wasn’t precisely Name of Responsibility if folks did not need it to be, it was similar to a approach of visualizing a approach of grinding cash. So yeah, you are proper. I imply, I’d say form of scrapped the incomes altogether. Nonetheless, I do suppose there may be some to be mentioned about possession of belongings inside a sport, whether or not that is even only for an emotional attachment to one thing you want. And figuring out is scarce is like magic buying and selling playing cards. That one thing I believe which is able to proceed to thrive. However yeah, I agree with you I believe we’re on the identical web page relating to the play to earn mannequin.

Matt Zahab 
And talking of gaming, you guys are actually cranking out video games like by the week, by the month, you guys have a shit ton of expertise becoming a member of Vulcan Studios, which is the gaming arm or inside the entire kind of Vulcan Cast ecosystem, speaking in regards to the significance of making video games and, additionally the issue, I have been very lucky to work with a pair unbelievable groups who’ve created and are nonetheless engaged on video games. Developing with a sport is bananas as is such as you’re actually simply making one thing out of skinny air. After which that you must hope that your artwork hits after which that you must hope that your sport economic system hits after which that you must hope that it catches STEAM. It is like it’s , tough. After which there’s the expertise facet. There’s solely so many sport builders on the planet. And lots of them get picked up by the large girls and boys as nicely. So like what precisely course of and the way, why is that this such an vital a part of mass adoption in Web3? 

Jamie Thomson 
Yeah and, on prime of that, you hit the nail on the pinnacle of your approach they simply sport growth typically is a really exhausting factor to do. It is not simply a few Devs you’ve got obtained sport design paperwork, challenge administration, artwork belongings at capability. And however the worst factor and the toughest factor or that is the Web3 side as a result of lots of these buyers have not purchased a token as a part of a gaming studio earlier than. Often they’re shopping for a token for a Blockchain or for a DeFi App or no matter. They do not perceive that making a sport is not like launching take a look at internet launching essential internet, launching a Dex in like a few months. So , these take months if not years, generally I do know World of Warcraft had 5, six years to make. However you could not count on folks to carry your token for 5 years and hope you construct World of Warcraft. So that you attempt to counter that by being clear and associated displaying on daily basis what you are releasing, displaying Alpha permitting folks in and like even when like, the wolves arms on its head and producers head is no matter like that floating round, you allow them to in. Now that works nice for the primary half a 12 months as a result of they’ll see you constructing it. However then the group get pissed off as a result of they’re like nicely, they’re indignant now as a result of , they’re fed up with the bucks. After which nicely, I need the right sport. Now , when’s it gonna be prepared, like, nicely we’re displaying you this to indicate our progress on it. It is both we do not present you something or at the very least when it is in it is utterly full. And also you simply belief us. We’re doing it. So you’ve got obtained the impatient Crypto investor and so they actually are impatient. So you have to maintain them glad however the identical time ship good sport. So yeah, that provides one other dimension of problem to it for positive. 

Matt Zahab 
That is craziness, somewhat little bit of nightmare gas. Let’s bounce into Elysium there are an insane quantity of initiatives and NFTs coming tons of instruments, video games NFT craters, you identify it. And also you and the workforce intend to place Elysium as one of many busiest and broadly used layer ones within the area is heck they have already got a publish of massive names already lined as much as host their collections and whatnot as nicely. Why the partnership with Elysium clearly they’ve very low charges, extraordinarily excessive pace, Fortune 500 firms are utilizing them as nicely however like stroll me by way of the entire means of why you selected to companion with them. 

Jamie Thomson 
Nicely really Elysium is our layer one Blockchain we have made it so we’re not we’re not partnering with them. So Elysium is a Blockchain we have made similar to really made Ronin we made a Elysium. 

Matt Zahab 
Oh wow. I ought to on my analysis there my dangerous Jamie. 

Jamie Thomson 
Yeah, so have been Elysium was our low on Blockchain we thought like , if we’ll personal our personal economic system or your individual video games, we would as nicely personal our personal Blockchain as nicely. So um, we have been probably not reinventing the wheel utterly with the Blockchain, making a layer one these days is not tremendous like loopy tough, prefer it was again within the day. I imply, it is a substrate EVM appropriate layer one. However yeah, with it plant timber. The extra you utilize it as Metaverse, proper is, so we simply wished to personal our personal kind of chain because it have been. And that offers much more demand to PYR for fuel and, we have clearly due to Anthony as , from Skybridge, he is obtained some great connections with just about any celeb you wish to get on there. We are able to get on there as an NFT assortment. So when the market turns and the whole lot’s operating, we’ll begin kind of doing lots of drops and odd names and such. So yeah, it was extra form of this kind of personal our personal merchandise in home because it have been. 

Matt Zahab 
Why and the way did the partnership with Anthony Scaramucci and Skybridge How did that every one go down? 

Jamie Thomson 
How did it go down? I believe I met him by way of a buddy of a buddy and we simply obtained on very well. He is uh, I do know he obtained lots of nicely no he did not. He was very trustworthy with their very own FTX factor was an actual blow to him. And he was completely an completely sideline by that. I imply, he was he like Sam, completely simply rug pulled within the eyes over a random that I believe, as he got here out on CNBC, and he defined the entire course of, and you would see the way in which he talked there, that directness and that honesty was what obtained me focused on speaking to him initially. I assume he discovered that about me as nicely. And we so we simply kind of simply, , shot the ship for somewhat bit and simply had somewhat chat. We each been divorced. So we there was like a pleasant discuss matter to speak about. And he was moving into Crypto and he was speaking about Crypto funds. And he knew the Metaverse wave was subsequent. And we simply chatted and he lived and he did his due diligence, and went to his workplaces up in Wall Road, which was a complete surreal expertise in itself. You are sitting down with this man. He’s sure. nicely suited and booted, like getting what we would tie on. And he was simply casually sitting there and he is like jumper like his ft on the desk. I used to be like, Okay, I overdress somewhat bit right here, however and, he took a leap of religion for this and, so he is actually behind us. And he is not like some lot of those VCs only one tokens now simply shark you and simply promote them. It is not about that in any respect. It is similar to, he will not he might be there. All by way of the bitter finish retweet us he tweets us, he will get a talking slot for everybody. So yeah, it is a good stability forward. He is the one VCI now we have on board and even in that respect, will not be even a VC it is extra kind of somebody who’s pushing us as a lot as we are able to. 

Matt Zahab 
And he is additionally he is gonna converse VulCon 3, proper?

Jamie Thomson 
For positive. He is organizing really so VulCon 3 goes to be in New York on the twenty sixth of Could. There’s solely 250 tickets this time it all the time sells out the final one Athens offered out instantly. 500 600 tickets. We’re fairly well-known these occasions. We have some dwell reveals and all types this one might be extra Elysium oriented. So the Blockchain challenge initiatives becoming a member of Elysium after all finally operating it should be an ideal present. In case you’re about Matt I give you VIP ticket on the home on me if you wish to come. 

Matt Zahab 
Love that. When is it Could 25? I will be there in New York? 

Jamie Thomson 
Yeah, in New York. 

Matt Zahab 
I will be there. Nicely get some good PR going for y’all I am going to movie the entire occasion we’ll get some good interviews. 

Jamie Thomson 
Thanks, my man I recognize that. 

Matt Zahab 
That’s superior. Jamie really a deal with man a pair extra questions then we’ll wrap up you gotta bounce within the sizzling take manufacturing facility I grilled you earlier for having a sizzling take which was really not even a sizzling take it was simply the actual and bonafide take what sizzling takes you bought for me? It does not must be tech or Crypto associated. It may be well being, wealth, happiness, politics, sports activities, geography, area, AI give me a pair Jamie sizzling takes it solely actually you imagine in the place most different folks don’t 

Jamie Thomson 
Okay, you are gonna must make clear what sizzling take imply. I believe that is an American terminology. We do not have that phrase in right here. I do not know what a sizzling take is.

Matt Zahab 
So a sizzling take could be one thing that solely you imagine in the place most different folks do not. For exqample, one factor that I say that will get me in bother is I imagine that happiness is a selection. I imagine that even after I’m feeling down and even when I am somewhat bit within the gutter, I can do one thing like go for a run and look within the mirror and simply put an enormous outdated smile on and be glad. I believe that on the finish of the day, it’s a selection. And I really feel like lots of people kind of get pleasure from being on the opposite finish of that spectrum and maybe get pleasure from being. In order that’s one thing controversial, like a controversial tape maybe. 

Jamie Thomson 
I am going to say that regardless of how well-liked man pleasant you suppose you’re, should you actually have been trustworthy with your self, you would in all probability solely rely true associates on one hand and, I imply that and I actually imply that like and, the one approach you’d know that may be grow to be profitable. Turn into in a foul scenario. See who is not jealous and, is there for you if you’re profitable? Comfortable for you, typically, and who might be there for you if you’re down? And I will be I guarantee you, it’s going to be lower than 5 folks in your hand a couple of what number of 10s of 1000s of followers you suppose you’ve got obtained, I believe we have solely actually obtained , one arms price of true associates is my sizzling take. 

Matt Zahab 
Very nicely mentioned I like that good shit. Additionally, Jamie you are simply from trying you are a little bit of a brick shithouse you are an enormous lad. What is the exercise routine? How do you run an organization like this and keep in good condition? 

Jamie Thomson 
Nicely, you simply pressure your self regardless of the way you simply do it. I imply, folks need not do like a half-hour within the health club should you simply want 30 minute 4 days per week , that is sufficient , however I am 40 to 41 now so it isn’t it is somewhat bit more durable however yeah, simply I simply do my ordinary weights and do a 5 kilometer run keep contemporary and that is it. It is not more durable should you folks to sit down down have a look at their telephones round for like three hours in a row and so they cannot go in a health club for half-hour. You simply really feel so significantly better. It is constant persistence and no matter. One factor else that rhyme with that. 

Matt Zahab 
I adore it Jamie. What a deal with man I had an absolute blast trying ahead to assembly you in particular person on Could twenty fifth. Earlier than we allow you to go, are you able to please let our listeners know the place they’ll discover you and Vulcan on-line and on social. 

Jamie Thomson 
Certain yeah, I imply one of the simplest ways to begin is twitter.com/vulcanforged from there you will discover all our hyperlinks for really Discord if on Discord hyperlink there’s discord.gg/vulcanforged vulcanforged.com something with Vulcan Cast in it you will discover us simply Google it you will get all of the hyperlinks you want. 

Matt Zahab 
Wonderful. Jamie Oh, what about your self, bro? You gotta you plug your self come on. 

Jamie Thomson 
Oh yeah @jamiethomsonvf for Vulcan Cast on Twitter. I count on 100,000 followers from this podcast please Matt. 

Matt Zahab 
You bought it Jamie what an episode recognize you approaching man. Cannot look forward to spherical two and pleased with you and the workforce trying ahead to assembly you guys in particular person on Could twenty fifth and, listeners we are going to embody the whole lot as all the time within the present notes. 

Jamie Thomson 
Thanks. Bye bye now.

Matt Zahab 
People what an episode with Jamie Thomson CEO of Vulcan Cast he’s dropping data bombs left proper and middle we might like to see that I’ll embody the whole lot within the present notes as all the time, I actually hope you guys appreciated this one. I am positive you probably did. And should you did, please do subscribe. It might imply the world to my workforce and I and talking of the workforce love you guys Justas my superb sound editor recognize you as all the time and, the listeners love you guys. Carry on rising these baggage and carry on staying wholesome, rich and glad bye for now, and we’ll discuss quickly.