Sega are still investing in NFTs, but will keep their biggest series away from the blockchain

PC

Products You May Like

Over the past two years, a slew of game publishers have announced plans to intergrate the blockchain and NFTs into future projects. Sega were among them, registering a trademark last year for Sega NFTs.

Now Sega co-chief operating officer Shuji Utsumi says they’ll keep their biggest series away from the blockchain, and called play-to-earn games “boring.”


To see this content please enable targeting cookies.

None of these are blockchain games.Watch on YouTube

“The action in play-to-earn games is boring,” Utsumi told Bloomberg. “What’s the point if games are no fun?”

Utsumi also said that Sega were shelving plans to develop their own blockchain games, but that they will continue to invest in the technology and offer their lesser franchises to blockchain games developed by third-parties. Characters from Three Kingdoms and the Virtua Fighter series will also be used for NFTs by external partners. Sega’s trademark filings last year included one for a “Sega Classics NFT Collection.”

In a management meeting in December 2021, Sega CEO Haruki Satomi had said the company wanted to try “various experiments” related to NFTs, but that “nothing is decided at this point regarding [play-to-earn].” Satomi did acknowledge even at the time the need to “mitigate the negative elements” of blockchain technology, and noted that “if it is perceived as simple money-making,” he “would like to make a decision not to proceed.”

Since then, the cryptocurrency bubble has burst, with most NFT projects dropping to a fraction of their previous valuations. That decline in value is because NFTs are poorly-secured, energy-inefficient and fundamentally-pointless certificates that demonstrate ownership of universally ugly JPGs.

Bloomberg report that Utsumi was non-committal as to whether blockchain technology would be incorporated into its “super game” project.

Articles You May Like

INAYAH – Life After Gods: New Trailer and Kickstarter Showcases Stunning Boss Battles and a World of Adventure
A Minecraft Movie gets second trailer showing off Steve’s backstory
PlayStation Store Update Worldwide November 19, 2024
Black Friday PS5 deals: I’m tracking all the best PS5 and PS5 Pro deals ahead of Black Friday so you don’t have to
It’s time to admit it: Unreal Engine 5 has been kind of rubbish in most games so far, and I’m worried about bigger upcoming projects

Leave a Reply

Your email address will not be published. Required fields are marked *