Unlocking Star Atlas Secrets: CEO Michael Wagner’s CoinDesk.TV Exclusive

By Published On: 6 October 2022

Star Atlas CEO Discusses Survey Findings and Forging Path towards Mass Adoption of Web3 Gaming

CEO of Solana-based NFT game Star Atlas, Michael Wagner, recently discussed the future of web3 gaming and its gradual path towards mainstream acceptance. These insights came during an interview with CoinDesk.TV, following a survey by Coda Labs showing that only 3% of gamers presently own NFTs, with the broader gamer community showing skepticism towards cryptocurrencies and web3 gaming.

According to the survey, gamers familiar with Bitcoin and NFTs feel largely negative about them, rating their feelings towards crypto at 4.5 out of 10, and NFTs at 4.3 out of 10. Only 52% of gamers were familiar with web3 gaming terms, and a mere 12% had tried a crypto game.

In response to these statistics, Wagner outlined the pressing need for education on the potential of open economy and creator-based ecosystems for mainstream consumers. He also stated that delivering superior game quality, akin to the AAA gaming products in development at Star Atlas, would be pivotal in attracting and incentivizing mainstream users into the ecosystem.

Interestingly, the Coda Labs survey discovered that gamers who ventured into trying a web3 game generally liked it, rating their experience at 7.1 out of 10. This encouraging finding indicates that while current adoption of web3 gaming is slow, those who try it are left with largely positive experiences.

On the path towards mass adoption, Wagner announced Star Atlas’ partnership with Epic Games, which was marked by a recent demo release. This partnership, a significant milestone for Star Atlas, is expected to facilitate distribution to some 200 million users across the Epic Game Store platform, thereby providing an essential first step towards mainstream adoption. The CEO also noted that their global user base primarily consisted of players from Brazil, Turkey, the Middle East, Southeast Asia, and the United States.

Star Atlas is a next-gen gaming metaverse, crafted from the fusion of real-time graphics, blockchain, multiplayer video games, and decentralized financial technologies. It utilizes Unreal Engine 5’s Nanite for top-notch visuals and is built upon the Solana protocol, which provides a largely serverless and secure gaming experience. Non-fungible tokens obtained and traded within Star Atlas mimic the tangibility of genuine world assets and ownership, aiming to bring the future of reality, as we see it, one step closer.

For more insights from this interview with Star Atlas CEO Michael Wagner, visit [CoinDesk.TV](https://www.coindesk.com/tv/).

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22 Comments

  1. @jesunsjs 6 October 2022 at 21:53 - Reply

    Improve the audio

  2. @WesBit 6 October 2022 at 22:32 - Reply

    Great work Michael, they try to beat you down with some crappy questions and you still come out strong. Power to the People.!!

  3. @selaconte 6 October 2022 at 23:26 - Reply

    The Coindesk guy has Allergies tell him to use Benadryl👀😅😂

  4. @Mozsta 7 October 2022 at 00:18 - Reply

    I'm all for it but the arrogance of some NFT game devs releasing NFTs valued (by them ) in the tens of thousands is sheer arrogance and disrespect. Power to the people here is a ship we value at 30k.

  5. @Ricardo_Manriquez 7 October 2022 at 00:47 - Reply

    Great project!

  6. @wingz6943 7 October 2022 at 02:41 - Reply

    Great

  7. @banzaibadger 7 October 2022 at 04:19 - Reply

    This game is vapor-ware and a scam. Wakeup sheep.

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