EA CEO Says NFTs and Blockchain Video games Are The “Future Of Our Business” And That He’s Not sure Of How That’s Going To Work

EA CEO Andrew Wilson not too long ago mentioned non-fungible tokens and blockchain video games are the way forward for the online game trade throughout a latest firm earnings name. He additionally mentioned he’s uncertain of how. 

This information comes by means of PC Gamer, which reported on Wilson’s NFT-related assertion in the course of the earnings name. In a little bit of a cart earlier than the horse state of affairs, Wilson made the daring declare that NFTs and “play-to-earn” video games, aka blockchain video games, are the “way forward for our trade” earlier than including that “it’s nonetheless too early to determine how that’s going to work.” With that being mentioned, it’s unclear what makes him so positive. 

“I feel that within the context of video games we create and the stay providers that we provide, collectible digital content material goes to play a significant half in our future,” Wilson mentioned, based on PC Gamer. “So, it’s nonetheless early to inform, however I feel we’re in a very good place, and we should always count on us to form of assume extra innovatively and creatively about that on a go-forward foundation.” 

Oddly sufficient, contemplating Wilson’s feedback, EA hasn’t revealed any official plans for NFTs or blockchain video games. Nevertheless, that hasn’t stopped different trade giants from doing so. Earlier this week, Ubisoft introduced that it plans to develop blockchain video games and NFTs. It additionally revealed that it plans to make use of play-to-earn strategies in-game that enable gamers to earn digital content material from enjoying Ubisoft video games. 

Blockchain video games and NFTs have drawn heavy criticism within the trade to this point attributable to their half in ongoing environmental harm. Using cryptocurrencies, which are sometimes used to buy NFTs, and the mining of mentioned currencies leads to hundreds of thousands of carbon dioxide emissions, damaging Earth’s ambiance, as reported by The Verge

Consequently, some main gamers have completed the alternative of Ubisoft and EA, criticizing and outright banning using NFTs and blockchain video games. Steam not too long ago mentioned it won’t enable builders to publish “purposes constructed on blockchain know-how that concern or enable the change of cryptocurrencies or NFTs.” Epic Video games CEO Tim Sweeney equally criticized NFTs. Nevertheless, one month later, he revealed that the Epic Video games Retailer is ok working with builders utilizing blockchain applied sciences in response to Steam’s ban. 

In the meanwhile, using cryptocurrencies is basically seen as dangerous to the planet. Ethereum, one of many most-used cryptocurrencies, although, is engaged on one thing it calls “The Merge,” which it says will “begin the period of a extra sustainable, eco-friendly Ethereum.” Solely time will inform how inexperienced Ethereum turns into. Regardless, it appears EA is about on embracing NFTs and blockchain video games in its close to future.

[Source: PC Gamer]

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