“TheNewsCrypto” conducted an insightful interview with Siddharth Menon, co-founder of both Tegro and WazirX, discussing the progress of the Web3 gaming ecosystem and challenges in NFT trading. Siddharth Menon pointed out that the primary difference between Web3 and Web2 games lies in Web3 games enabling players to act as investors and traders, thereby transforming the gaming industry. He also emphasized that the core of Web3 games is to build a sustainable gaming economy, balancing aspects like demand, desires, and achievements.
Additionally, Siddharth Menon discussed how Tegro enhances users’ NFT trading experiences by integrating the NFT20 protocol and highlighted Tegro’s crucial role in fostering the Web3 developer ecosystem.
During the interview, Siddharth Menon addressed WazirX’s decision to temporarily close its NFT marketplace due to regulatory uncertainties despite the promising future of the NFT market. He reassured that NFT technology remains worthwhile and indicated plans to resume related activities in the future.
Lastly, Siddharth Menon underscored Tegro’s commitment to promoting an open ecosystem where developers, traders, and influencers can all benefit. He mentioned incentive programs for developers and upcoming tools and SDKs planned in the API realm.
In summary, the conversation unveiled trends in Web3 gaming and highlighted Tegro’s role and contributions within it. Siddharth Menon’s insights provided readers with a profound understanding of Web3 gaming and NFT trading, while also projecting future development prospects.
