{"id":33495,"date":"2023-07-10T02:24:29","date_gmt":"2023-07-10T06:24:29","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/sega-admits-crypto-games-arent-fun-to-play\/"},"modified":"2023-07-10T02:24:30","modified_gmt":"2023-07-10T06:24:30","slug":"sega-admits-crypto-games-arent-fun-to-play","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=33495","title":{"rendered":"Sega Admits Crypto Games \u2018Aren\u2019t Fun to Play\u2019"},"content":{"rendered":"
\n

A top executive at the gaming giant Sega says \u201cplay to earn crypto games\u201d are \u201cno fun\u201d to play, and could reel in its blockchain gaming ambitions.<\/p>\n

The firm has previously explored the notion of using NFTs in gaming and has signed blockchain partnership deals with a number of notable domestic crypto and gaming firms.<\/p>\n

But, per Bloomberg and CoinPost, Sega\u2019s Chief Operating Officer (COO) Shuji Utsumi waded into the crypto gaming controversy, stating:<\/p>\n

\n

\u201cThe action in play-to-earn [P2E] games is boring. What\u2019s the point if games are no fun?\u201d<\/p>\n<\/blockquote>\n

<\/oembed><\/figure>\n

The COO admitted that Sega was now \u201clooking into whether this technology\u201d was \u201creally going to take off in this industry after all.\u201d<\/p>\n

The comments will come as a shock to many, particularly as the firm has seemed so bullish about its upcoming NFT partnership with doublejump.tokyo.<\/p>\n

<\/oembed><\/figure>\n

doublejump is one of Japan\u2019s leading blockchain gaming firms.<\/p>\n

But Gamespot reported that Sega \u201cisn’t willing to run\u201d blockchain-based \u201cexperiments\u201d using \u201cits most valuable and recognizable franchises as test subjects.\u201d<\/p>\n

The media outlet noted that \u201cfans of Sonic and Yakuza can rest assured that characters from those games will not be popping up on NFT marketplaces any time soon.\u201d<\/p>\n

Blockchain gaming has become a sensitive topic among gamers, who have thus far expressed disdain for titles that incorporate elements of crypto and blockchain.<\/p>\n

<\/oembed><\/figure>\n

Sega Backs Away from Blockchain Gaming \u2013 Could Others Follow?<\/h2>\n

The COO added that Sega would wait to see if blockchain-related games were \u201creally going to take off\u201d before committing.<\/p>\n

Advocates have claimed that crypto and blockchain are natural bedfellows, however.<\/p>\n

And in recent years, gaming firms \u2013 particularly those based in Asia \u2013 have bet big on its success.<\/p>\n

Despite a considerable backlash, the Tokyo-based Final Fantasy<\/i> series developer Square Enix has resolved to forge ahead with its own blockchain gaming efforts.<\/p>\n

The same is also true of South Korean firms such as WeMade and Nexon.<\/p>\n

But Sega\u2019s very frank and public comments on the matter could well test the resolve of East Asia\u2019s gaming giants.<\/p>\n

Utsumi has not exactly closed the door on crypto.<\/p>\n

He said the firm still plans to announce the provision of IP to blockchain initiatives \u201cthis year,\u201d and would \u201ccontinue to invest in blockchain-related projects.\u201d<\/p>\n

But the public admission that Sega will not risk its biggest IP names in the P2E arena is a major blow for advocates.<\/p>\n

<\/oembed><\/figure>\n

Should other companies decide, like Sega, to sit back and wait, rather than take a more proactive stance, some will likely fear for the fledgling industry\u2019s future.<\/p>\n<\/p><\/div>\n