Connect with us

Hi, what are you looking for?

News

Sega Backtracks On NFT Plans After Overwhelming Backlash

In a recent interview with Tweak Town, Sega CEO Haruka Satomi revealed that the company had expressed plans on implementing NFTs into some of their titles, but have backtracked on that decision for now thanks to the overwhelming backlash among the video game community.

Satomi said:

“In terms of NFT, we would like to try out various experiments and we have already started many different studies and considerations but nothing is decided at this point regarding P2E.”

“There have been many announcements about this already including at overseas but there are users who show negative reactions at this point.

“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.

Advertisement. Scroll to continue reading.

“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.”

Some of their Japanese counterparts such as Konami and Square Enix have also expressed interest in expending into NFTs, but both received major backlash by both fans and critics alike.

You May Also Like

News

First noticed by Japanese outlet Gamebiz and confirmed in Kanpo, Comcept has been dissolved after a shareholders’ resolution took place earlier in the month....

News

Konami has announced that sales of Powerful Pro Baseball 2024-2025 has passed over 1 million copies sold. This makes it the highest-selling game in...

News

Some more great news for video game preservation as the Video Game History Foundation and Gaming Alexandria have released over 100 prototype ROMS for...

News

Compile Heart and M2 have announced they have delayed their upcoming shoot ‘em up title Zaleste in Japan. The game had been scheduled for...

Advertisement