Sega will likely not introduce NFTs for play-to-earn if 'perceived as simple ...
The company previously announced plans to expand into NFTs through a partnership with Japanese game developer double jump.tokyo. The leadership at video game firm Sega Corporation’s holding company has suggested that they may avoid nonfungible tokens in play-to-earn model games based on the response from users.In a Dec. 14 meeting of Sega Sammy Holdings’ CEO Haruki Satomi, senior executive vice president Koichi Fukazawa, and Sega Corporation president Yukio Sugino, the trio said they needed to “carefully assess” how to potentially introduce nonfungible tokens, or NFTs, into Sega titles to....
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Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO Haruki Satomi stated that the company may drop its current experiments in the NFT field if players take a negative view of the subject.
Sega CEO Reveals Company Might Scrap NFT Plans
The CEO of Sega, Haruki Satomi, has referred to the possible stance the company may take regarding NFTs and the play-to-earn movement in the future. In the....
Electronic Arts (EA), an important gaming and entertainment-oriented company, has made insightful remarks about the importance of NFTs and the play-to-earn model in its last earnings call. Andrew Wilson, CEO of the company, addressed the subject in response to several questions posed by business analysts.
Electronic Arts Open to NFTs and Play-to-Earn
Electronic Arts, the company behind gaming sports franchises like FIFA and NBA, has assessed the importance of new technologies like NFTs and the play-to-earn model for the gaming industry. During the company’s latest earnings....
“It is a natural extension for the future of gaming that it will expand to involve new areas such as cloud gaming and NFTs” said Sega producer Masayoshi Kikuchi. Japanese gaming giant Sega is looking at integrating cloud technology and NFTs as part of its new “Super Game” project to connect different games to each other. The news has caused a predictable backlash from the crypto-skeptic section of the gaming community, with many people voicing their frustrations at the firm online this week. The Super Game initiative is set to roll out over the next five years and will reportedly see the....
We’re now into just the second year of play-to-earn prevalence, and while there is still a long journey towards market maturity for NFTs, blockchain technology, and P2E platforms, there is still plenty to takeaway in the brief time that the market has evolved. Play-to-earn atmospheres have proven that the way we engage with gaming titles, […]
Anyone fairly acquainted with the blockchain and gaming industry must have heard of Play-to-Earn games and the sway these hold amongst the community. Trends from the last few years indicate exponential growth both in terms of user base and revenue. And given the present market dynamics and the craze around NFTs, the Play-to-Earn space seems […]