While several mainstream game studios have taken a noticeable step back in integrating blockchain tech, three blockchain gaming executives say it's only a matter of time before they change their tune. Whoa!
I still believe that there is still a lack of education and regulation around Web3 therefore some users and companies are still skeptical about the benefits and scams that can often be associated with it. I learn a lot about these types of games through CoinFantasy.
An October 2022 survey from blockchain entertainment provider Coda Lab found traditional gamers weren't a fan of cryptocurrencies or NFTs in general, though they didn’t seem to mind NFTs used in gaming as much.
GTA V became the most profitable entertainment product of all time, and it's no secret that quite a significant portion of these profits result from microtransactions that contain in-game currency, he said.
Microsoft also introduced microtransactions in Minecraft some time ago; it's understandable that both companies would want to retain control over their in-game economies for financial reasons, he added.
If anything, this can even be interpreted as both companies acknowledging that NFTs and crypto are real-world assets with value attached to them that could potentially threaten their business model. What would you say about it?
Source: https://www.reddit.com/r/NFTGames/comments/126795e/gta_on_blockchain/
