Sega has indicated that it’ll put its plans for gaming NFTs on maintain in the event that they aren’t well-received by its group. In a latest administration assembly transcribed by TweakTown, Sega’s administration cited backlash acquired by corporations like Ubisoft and Square Enix, with CEO Haruki Satomi stating that he’d prefer to keep away from such a situation.
Why Sega’s cautious about gaming NFTs
Besides detrimental reactions from gamers, Sega is anxious about how gaming NFTs might be perceived by Japanese regulatory authorities, and in the event that they’ll match into its imaginative and prescient of “Constantly Creating, Forever Captivating.”
“We need to carefully assess many things such as how we can mitigate the negative elements, how much we can introduce this within the Japanese regulation, what will be accepted and what will not be by the users,” Satomi advised stakeholders. “Then, we will consider this further if this leads to our mission ‘Constantly Creating, Forever Captivating,’ but if it is perceived as simple money-making, I would like to make a decision not to proceed.”
Opinion: Sega has the proper strategy to gaming NFTs
Zarmena writes… Both Ubisoft and Square Enix appear to be diving head-first into token economies and the common criticism they’re receiving isn’t with out good purpose. As I’ve stated earlier than, Square Enix’s new year’s letter reads like a weird, useless promotion of NFTs and Ubisoft appears to have randomly injected them right into a widely-panned recreation. Sega has taken a extra cautious strategy (the administration assembly came about earlier than Konami’s NFT fiasco) and seems keen to place its plans on maintain if NFTs are seen as merely a money-making tactic, which is the instantly to go.