Home Technology BNB Chain Doubles Down on Web3 Gaming • businessroundups.org

BNB Chain Doubles Down on Web3 Gaming • businessroundups.org

by Ana Lopez
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Welcome back to Chain reactiona podcast that dives deep into stories, backgrounds and breaking news with the biggest names in crypto.

For this week’s episode, I interviewed Gwendolyn Regina, investment director at layer-1 blockchain BNB Chain. Prior to her current position, Regina worked at Facebook — or, as some now call it, Meta — where she built a new business unit for venture capital partnerships and startup growth. She is also a founding member of a number of different companies and a founding member of the team of a technology investment startup, Thymos Capital.

As investment director, Regina looks at new projects, talks to developers and leads BNB Chain’s grant program, which picks up to 10 projects per month to help them grow in the chain.

BNB Chain was launched in September 2020 and was initially kicked off by Binance, the world’s largest crypto exchange by trading volume.

Since then, BNB Chain has strived to be a decentralized, separate entity from Binance’s community with a focus on three audiences: retail markets, builders and developers, and bridging Web2.0 companies to web3, Regina said. “We are here to, number one, grow the blockchain and grow the pie.”

While the past year has been shaky for crypto markets, BNB’s investment strategy is based on a long-term view and is largely unaffected by day-to-day market events, Regina explains.

“Our investment thesis doesn’t change and yet it changes,” Regina joked. “We all know that blockchain and crypto are moving incredibly fast, so we’re more accurate in certain areas, but for the most part it hasn’t changed.”

All in all, due to the bear market and the “mini-bulls” along the way, “we are in a phase where everyone is building,” Regina said. “And we want to enable more possibilities on BNB Chain.”

Web3 gaming on BNB Chain has also “grown organically through robustness and cheaper rates,” but the blockchain team has now “doubled down” in that sector to encourage more gamers and developers to play and build on the chain Regina added. Of the 1 million daily active users, about 40% are gamers, she said.

“Our GameFi infrastructure has always been relatively strong, but with things moving so quickly, we’re really trying to find a GameFi infrastructure that’s a one-stop shop,” said Regina. “Going back to our investment thesis, when we look at the different themes, we always wonder what is missing now and what else is important […] you have to think about what will be important six months from now.”

For Regina and BNB’s investment team, investments are “more than financial capital; it really is a lot of growth incentives”, among other things.

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