Next generation gaming ecosystem joystick recently raising eight million in
a seed round Gaming ecosystems are a relatively new type
of platform in the Web. three space. They
do allow users to maximize their play to earn gaming
opportunities, exchange cryptocurrencies and sell their digital assets.
The Joystick says his platform is slipping the current model
on its head by giving players the opportunity to keep
100% of the revenue that they earned. So joining
me now are the company's co founders, Michael Lee
and Robin Robbins, Also the ceo of this company
, Robin will kick things off with you. What
is your company offering that makes it stand out from
other platforms in the space. Hey Kristin, how
are you doing? You know, with the ownership
of assets in video games shifting thanks to Blockchain technology
away from developers and towards the players. It opens
up the doors to what's possible. So what we're
doing to differentiate is educating players on the best games
that they can play. The best tactics that they
can use to win the games and the best strategies
to earn within the games. You know, we're
gamers and creators to the core and we're applying decades
of experience to deliver top tier educational content that will
position them to win. Then we're equipping them and
like you said, letting them keep 100% of the
revenue that they generate with the assets, which is
completely different than most of the people in the space
, which are allowing players to keep between 30 and
50% from there. It's just ongoing support with a
really engaging community of like minded individuals and builders and
creators in the space And then opening up doors to
them by shining a spotlight on them so that they
can succeed in building their own brand in this new
Web three gaming environment. Okay, fascinating. Michael
. I want you to come in here as well
because you're willing Tiktok's most popular content creators, very
impressive. Your videos are more than 10 billion views
combined. This is incredible. Why did you decide
to start this company with robin? Yeah, I
mean, so getting into Web three, uh,
it's been about over a year and a half now
. Uh, play to earn has always been something
that I've had a major passion for, because for
me, I always knew that new technology and new
opportunities were always going to come up and with me
, social media was my first thing where I was
like, okay, I I know this is a
huge opportunity and a lot of people just don't know
about it. And my, my main passion and
my main message was to inspire people to see like
this new type of, you know, opportunity to
make a career out of doing what they love.
And Web three really took that to another level when
I learned about how people could literally play video games
and make a living out of it. So for
me, when I met with Robin, um it
was just like a match made in heaven where uh
, you know, he had the brains of bronze
and and and the team to really back me up
what I really wanted to do and now I'm able
to really take advantage of this and give this opportunity
to other people to be able to um you know
, follow their dreams, whether it's now gaming.
Yeah, it is pretty incredible. And Robin back
to you here is the ceo of this company.
I know there's also a Cryptocurrency on the platform called
joy token. How does that work? Are the
players actually paid enjoy token? So the token has
multiple utilities, it's actually a utility token. And
owning the token will give you the ability to get
significant discounts on the rental assets on our site.
So instead of paying a full markup, just by
owning the token, you'll get a discount and then
on a sliding scale you can get additional discount based
on how much of the token that you hold,
you're also going to get access to really cool custom
merchandise that we've made with world famous artists on collaborations
, access to the higher level education in the community
that we've provided. And then a portion of the
profits that joystick as a whole generates will be pushed
back to the token holders and stake hers as well
. Mhm Michael. What do you think is the
average that a player can earn on this platform by
gaming. Oh man. So that's the thing,
there's, there's not necessarily a scale right now.
I think we're, we're so early in the space
that we want to, we know that this is
going to be massive and we want to have the
systems in place, so that once these games are
coming out that have these really solid models, um
, we're gonna have stuff ready for it, so
that's honestly untapped. But um, these games are
coming out are really, really dope. So I'm
, I'm just really excited for that. I'm also
curious, Robin as the ceo of this company,
I know you want to diversify the revenue streams,
but certainly events would seem like a natural space now
that we're moving into the latter stage of this pandemic
, whether it's e tournaments, other events, what's
on the docket there? 100%. Um, you
hit the nail on the head with events from esports
tournaments, um, events within our community as well
, and then building out experiential events for other creative
minds in and around this web free space. Um
, as everybody starts to see what the possibilities are
they want to bring their community in, whether it's
building an experience in the metaverse for them to come
take part in. We have partnerships in the space
that allow us to be able to build those out
for, you shine a spotlight on your community and
what you may be, what you may be building
and working out there. Um, and then bring
it into that digital environment and allowing you to host
host. You're following their so events will be a
huge piece of what we're doing as as we continue
to add games to our roster, to offer our
players in our community. Alright guys, congratulations on
the round. You have to join me again,
fascinating stuff that you're doing. That's Robyn Duff,
a Ceo and co founder of Joystick and Michael Lee
, the content creator and co founder of Joystick Guys
. Thank you.