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Evidence receipt / belief

Published · transcript-backed

Speaker unverified: belief

24 Mar 2021 Acquired Rec Room Part II (with CEO Nick Fajt)

“You should never shift one to the other. I think we just had this idea of this is where we want to get to.”

— Speaker unverified

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Everything needed to verify it.

Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
belief
Recorded
24 Mar 2021
Publisher
Acquired

Transcript context

…For people familiar with games, it sounds like what you had is you had only items, then you introduced a soft currency, then you took that soft currency, made it a soft and hard currency, and then made it basically an exclusively hard currency. Soft currency is currency you earn, hard currency is currency that you buy. Yeah. If you looked at a gaming textbook of how to build an economy, Rec Room did all the wrong things. You should never be crossing the streams of your hard and your soft currency. You should never shift one to the other. I think we just had this idea of this is where we want to get to. Creators are making money. That's the end goal here. If that's Charizard, we're Charmander. How do we evolve into that thing? Can I ask? This is a derivation but a team question. Once you realize you're going to do this and as you're doing it, are you like, we should have an economist at our company. Is it a PM? Who owns this?…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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