As an #NFT collector, you should know that many of the biggest game developers adopt NFTs as a new monetization strategy. But the idea is controversial among gamers. Steam has banned games for its platform, while its Rival Epic embraces the concept. What are others doing? 🧵 👇
Game publisher Electronic Arts (#EA) has told investors that collectible #NFTs are "an important part of the industry's future." It's not difficult to draw a line from the collectible cards in FIFA Ultimate Team, which players attain, to NFTs.
Take-Two has shared his thoughts on two of the most buzzworthy topics in technology right now: the #metaverse and #NFTs. Strauss Zelnick said the metaverse is already here, with GTA Online being an excellent example, while he said he is a "big believer" in NFTs.
#Ubisoft is looking to explore the potential of blockchain gaming in future projects. CFO Duguet described how using #NFTs "will enable more play-to-earn that will enable players actually to earn content, own content, and we think it's going to grow the industry quite a lot."
Between the lines: Are NFTs becoming the "new" loot boxes? I don't think so. There are many ways to earn revenue from a video game, and publishers are always looking for new ways to make their games more appealing to their fans.
If you enjoyed this thread: Follow me @CoenVM
Coen van Mourik
@CoenVM
I have helped my clients achieve significant revenue growth with impactful designs and sold my work to venture capitalists as an Indie Hacker.