game news This historic publisher was supposed to get into NFTs, but backed out!
“We can’t miss the train.” That’s what many publishers have said to each other in 2021, 2022 and early 2023 about Web3, blockchain, cryptocurrencies and NFTs. We’ve had some essays and pitchnotes, but it looks like the excitement is waning.
NFT, blockchain, cryptocurrencies… When the video game gets carried away
for a few years Cryptocurrencies, NFTs and Blockchain remained (and for many still remain) vague ideas. But between 2019 and early 2023, all of this digital stuff has had an extreme breakthrough. Decentralized currencies promised a new economy, blockchain provided unique and solid transactions The NFTs triggered the debate about the protection of digital works and the concept of ownership associated. Bitcoin and Ethereum have become well-known digital currencies and their price has skyrocketed.
Video game publishers therefore started doing it Keep a very close eye on developments and consider how to use blockchain and NFTs in your games. For example, Ubisoft launched a platform where you could buy NFT skins for Ghost Recon, Peter Molyneux (Fable) launched an entire game, while many other publishers said they were interested or at least very attentive. Square Enix has made its intentions clear SEGA initially decided to monitor the situation but was reluctant to take the step.
What is an NFT? What is blockchain?
An NFT is a so-called “non-fungible” cryptographic token that represents an authenticated digital asset. That means each virtual item can receive a certification that makes it unique and potentially rare. This authentication is done via the blockchain, a decentralized network that tracks exchanges by assigning a serial number to items that previously had no serial number.
SEGA and NFTs, it’s a much more limited yes now
The former console manufacturer officially announces the end of 2022 that a game of the Sangokushi Taisen license will use NFT-related technologies and Blockchain. We talked about a real-time strategy game that can be played with real trading cards linked to NFTs. In the months that followed, we started talking about it several internal projects there is the same kind at SEGA, only here there is no more hype. Many gamers object to the integration of NFT into games, seeing it as a form of cheating. But more importantly The Terra blockchain collapsed, followed closely by FTX in late 2022.
Bitcoin then lost almost 70% of its value, and the first attempts by major publishers resulted in this usually ended in failure or early withdrawal due to player dissatisfaction. EA and Take-Two continue to consider it, but overall momentum has slowed down overall. This drop can be found at SEGA, with the current statements by Shuji Utsumi, co-chief operating officer, to Bloomberg. The latter announces that no large license is linked to external projects that use the blockchainand that the internal projects were for now put aside :
The action in play-to-earn games is boring. What good is it if games aren’t fun? We are excited to see if this technology will really catch on in this industry.
Shuji Utsumi did it No Comments on Super Game Projectsbut our colleagues at ActuGaming point this out Anything related to Web3 would be phased out, at least until we find out what the future holds for NFTs and blockchain. In any case, fans of the brand can rest easy for the time being, SEGA remains a company very carefully to this topic.