Xbox boss Phil Spencer worries a bit about ‘exploitative’ NFTs


As late as October, the future of the game was supposed to be the Slayer of Doom appearing as a bonus character in Smash Bros., but that future was refused us. As we try to put the pieces back together, gaming business leaders have come up with a new vision: NFTs and blockchain, baby.

However, not everyone in the C-suites of our industry is welcoming the new flesh just yet. As reported by AxiosMicrosoft’s head of games, Phil Spencer, expressed some caution about their potential for “exploitation”, saying:

“What I would say today on NFT is that I think there’s a lot of speculation and experimentation going on, and some of the creatives I see today feel more exploitative than on entertainment “

Spencer, however, clarified this statement and softened the negative tone, indicating an openness to integrating blockchain into games:

“I don’t think it requires every NFT game to be exploitative. I just think we’re kind of on this journey of people finding out.”

This journey to understand NFTs may conflict with our larger journey here on Spaceship Earth where someone keeps playing with the thermostat.

Ethical issues of this technology aside, these management-level statements analyze less as concrete plans for our industry, and more as steps in the complex courtship dance between companies and their investors. Whether they choose to project the idea that they are going into NFT games to capitalize on the excitement of those buzzwords, or go for a more circumspect and evasive attitude like Spencer, no one seems to offer a convincing description. of how this technology will make video games better in all practical ways.

There is a lot of buzz about NFT games right now as a “vision for the future”, but they might as well follow the path of 3D TVs, steam engines or the initial wave of virtual reality in the 90s. All those visions of the future were ultimately not meant to be.

As for you and I, the winds of history will continue to shake us without too much influence from our side. We can express our opinions and vote with our portfolios, but these things will take their natural course. I have to say though, if you think NFT games are going to redefine our industry in the next decade or so, I have a $ 64,000 png of a cartoon chimp for you to sell.


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