Reporting roundup: Gaming media takes on GDC 2023
This year’s Game Developers Conference (GDC) provided an expansive view of the challenges, opportunities, and innovations that will shape the future of the game industry. As always, the event was a peek behind the curtains to see what studios and developers are really focused on—and what they’re most concerned about. Forte was on the ground […]
Forte at GDC 2023 (Part 2)
GDC 2023 has drawn to a close after a full week of panels, presentations, and networking events. We’ve heard from a range of developers in the Web3 gaming space, and it’s clear that the industry is aligning behind a common focus on building great game experiences that are enhanced by blockchain’s ability to enable new […]
Forte at GDC 2023 (Part 1)
The Game Developers Conference 2023 got off to a roaring start this week, once again, with thousands of industry professionals from all over the world flocking to the Moscone Center in San Francisco. We spent the day checking out panels hosted by a number of teams building in the Web3 gaming space. We’re hopeful that […]
Fundamentals of automated market makers
What if there were an alternative means of asset allocation that smoothly and automatically adjusted pricing in response to demand? What if these price shifts could also be designed to shape and regulate market behavior, to ensure that markets aren’t just orderly, but optimized? That’s the promise offered by automated market makers, which not only […]
When are auctions appropriate?
It’s important to remember that auctions are just one of an array of different mechanisms for vending and distributing goods. And just as there’s no one-size-fits-all format for all auction applications, auctions aren’t always the best or most appropriate allocation mechanism for all goods and all markets. For example, there are list-price sales, where transactions […]
Market abuses in decentralized exchanges
In decentralized exchanges, there is no need to turn to a central authority for clearing, asset custody, or balance updates, because transaction settlement always takes place on-chain. Rather than interacting with a central clearinghouse or custodian, users publicly verify the outcome of trades on the blockchain ledger. All decentralized exchanges feature on-chain settlement. An on-chain […]
Bidding strategies and price discovery
We usually don’t spend a lot of time thinking about how the prices we pay for many goods or services are determined. But prices can be set in a number of ways. In housing markets, for example, where there’s significant bargaining over prices and other terms of sale, prices are determined in a back-and-forth negotiation […]
Designing auctions: Theory and practice
Fundamentally, auctions have two basic purposes: While these are simple outcomes, the paths to arrive at them can be deceptively multi-dimensional. Both real world and online auctions often have to contend with the fact that auctions aren’t always for single items — they often are held for many interchangeable units of the same good — […]
What really happened with Gamestop?
You’ve probably heard the tale of GME, the ticker symbol for the video game retailer GameStop, and WallStreetBets (WSB), the 8 million-strong Reddit community of insurgent stock investors. WSB made a successful push to send GME soaring in just two weeks from under $20 to an all-time high price over $347 on January 27th, 2021, […]