Sega Might Drop NFT Experiments if Perceived by Gamers as a Money Grab

Share This Post

sega

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 latest Sega management meeting, that happened on December 24th, Satomi talked about the subject, stating that the company might stop the experiments it has been conducting involving the inclusion of these new technologies in traditional gaming.

When asked about Sega’s view on play-to-earn technologies at the moment, Satomi answered:

We would like to try out various experiments and we have already started many different studies and considerations but nothing is decided at this point regarding P2E. There have been many announcements about this already including overseas but there are users who show negative reactions at this point.

The executive further stated that Sega would consider abandoning these actions if the players perceive this as a money-making scheme.


Metaverse Mention

Satomi also touched on the subject of the metaverse, stating that to him, a metaverse is a place where the people gather and communities are generated. However, referring to the current buzz that the word has generated, he stated that not every game with metaverse elements constitutes a metaverse and that the gaming industry should focus on creating high-quality games instead of metaverse experiences.

Expanding on these ideas, he stated:

We want to make Super Game as a game that support global and multi-platform with having a network and a community. If such a game has a competitive element called PvP, it could turn into an e-sport. Furthermore, it could become a Metaverse if it has tens of millions of downloads worldwide and a certain number of active users.

Sega is yet another gaming company that has started dabbling in NFTs. The company announced it would start selling NFTs based on its intellectual properties back in April, with a poor reception from the gaming community. Other traditional gaming companies such as Ubisoft and GSC Game World have also received this kind of backlash about activities that include blockchain and related technologies.

What do you think about Sega’s stance on NFTs and the metaverse? Tell us in the comments section below.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Solana Records New ATH After 3 Years: Is SOL Ready To Flip USDT?

Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action Notably, the token had once fallen as low as $8 at the peak of

UK Crypto Regulation 2025: Rivalling EU MiCA with New Stablecoin Rules

The post UK Crypto Regulation 2025: Rivalling EU MiCA with New Stablecoin Rules appeared first on Coinpedia Fintech News The UK is gearing up to present its crypto-regulatory framework in 2025 The

Ripple CEO Brad Garlinghouse Backs Trump’s Pick Scott Bessent: End of the SEC Lawsuit Near!

The post Ripple CEO Brad Garlinghouse Backs Trump’s Pick Scott Bessent: End of the SEC Lawsuit Near! appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse shared the good news with

Cardano (ADA) Price Analysis: Is ADA on Track to Hit $2?

The post Cardano (ADA) Price Analysis: Is ADA on Track to Hit $2 appeared first on Coinpedia Fintech News With the crypto market reaching $334 trillion, a massive jump of 44% over the past 24 hours,

Bitcoin Prediction Market Signals $2.5 Trillion Market Cap by January 1st

The post Bitcoin Prediction Market Signals $25 Trillion Market Cap by January 1st appeared first on Coinpedia Fintech News The Bitcoin market has seen a surge of nearly 80% in the last seven days

Crypto News Today (Nov 23, 2024): Bitcoin Dominance Grows | Stellar Leads Gainers

The post Crypto News Today (Nov 23, 2024): Bitcoin Dominance Grows | Stellar Leads Gainers appeared first on Coinpedia Fintech News The global cryptocurrency market has increased, reflecting a 137%