Over the past few years, NFTs have become quite a controversial topic in the video game industry, with various companies supporting the trend, while others simply oppose it. Thus, Phil Spencer, Chief Xboxjoined this conversation, indicating that it is not ready to abandon this market entirely.
In a recent interview, Dr BloombergSpencer was asked about the possible use of NFTs in Xbox games, As well as other “play-to-earn” monetization systems, noted that he feels “wary” but doesn’t want to rule out any new technology. He commented on it:
“Especially playing to win is something I am wary of. Create a player workforce to monetize specific players. To be fair to us, in the games industry, this has been going on for years. There have been gold farmers: people who literally spend their time working a game to collect some money that they can sell to another rich player for real money, so that person doesn’t have to spend their time. But now you find games that are starting to incorporate it into the game economy.
I think sometimes it’s a hammer to a nail when these technologies come out. But real human use, or in our case gamer use, of these technologies, I think could have some interesting things.”
Although this is Phil Spencer’s position, we shouldn’t forget that Xbox already took a position on this, a long time ago. Mojang has made it clear that they do not want to see NFT or other similar monetization in Minecraft. Spencer also took a stand on the matter.
nevertheless, The possibility that we may eventually see blockchain or NFT implementations in some of the company’s products cannot be ruled out.. In related matters, YouTuber turns the most expensive Pokemon card into an NFT Similarly, the networks mocked the NFT console.
Compared to what was seen at the beginning of the year, the trend of NFT has decreased significantly, to the extent that many companies that initially supported this market have abandoned it, as in the case of Ubisoft, so it is very likely that Xbox will remain. Away from NFTs.