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Many of you may have heard of blockchain, the technology behind NFTs or cryptographic assets that allows digital data to be treated as a unique, non-fungible asset. The technology has been in the spotlight in recent years, but Andrew Wilson, CEO of Electronic Arts (EA), publisher of popular games such as Apex Legends and FIFA, said NFT and blockchain are “the future of our industry” Attracts attention.
During the financial report held in November 2021, he said that the future of the industry is P2E (Play-to-earn) new games that can make money by playing using NFT or blockchain. But he added that it’s premature to understand how this works.
According to the report, Wilson believes that collectible digital content plays a meaningful role in the future in the context of the games it makes and the live services it provides. It should be expected, he added.
It is often said that P2E games require gamers to pre-pay with crypto assets to play the game and collect unique items that appear within the game. After that, the value of the unique items collected in the game will increase, and then it will be possible to sell the items to other gamers to make a profit. The value of the game itself can also be increased by the financial interests that the game and gamers build.
EA has not yet officially released a game using NFT or blockchain or a P2E game. However, the words NFT and blockchain are already lined up in EA job descriptions. You can see that EA is genuinely interested in these technologies.
Moreover, in the game industry, reactions to games using NFTs or block chains are diverse. Steam, which is popular as a platform for selling PCs, has banned the delivery of games that can trade NFTs or crypto-assets. The Epic Games store, a competitor, is welcoming blockchain games. Related information can be found here.
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