Home / Uncategorized / EA CEO says NFTs and blockchain games are the “future of our industry” and he’s not sure how that will work

EA CEO says NFTs and blockchain games are the “future of our industry” and he’s not sure how that will work

Andrew Wilson, EA CEO, said on a recent conference call on the company’s results that non-fungible tokens and blockchain games are the future of the video game industry. He also said he wasn’t sure how.

This news comes over PC player, who reported on Wilson’s NFT-related testimony during the conference call. Just before the equestrian situation, Wilson made the bold claim that NFTs and play-to-earn games, also known as blockchain games, were the “future of our industry” before adding that “it is too early.” to find out ”. figure out how to do that. “Besides that, it is unclear what makes him so safe.

“I think that with the games we develop and the live services we provide, collectable digital content will play a significant role in our future,” Wilson said, according to PC Gamer. “So it’s too early to say this, but I think we’re in a really good position and we should expect to be more innovative and creative about it in the future.”

Oddly enough, in light of Wilson’s comments, EA hasn’t announced any official plans for NFTs or blockchain games. However, that hasn’t stopped other industry giants from doing so. Earlier this week Ubisoft has announced that it will develop blockchain games and NFTs. It also revealed that it plans to use play-to-earn techniques in-game, which will allow players to earn digital content by playing Ubisoft games.

Blockchain games and NFTs have drawn fierce criticism in the industry for their part in the ongoing environmental damage. The use of cryptocurrencies, which are widely used to purchase NFTs, and the mining of these currencies results in millions of carbon dioxide emissions that are harmful to the earth’s atmosphere, such as from. reported The edge.

As a result, some big players have done the opposite of Ubisoft and EA by criticizing and completely banning the use of NFTs and blockchain games. Steam recently said it won’t allow developers to publish “Applications based on blockchain technology that issue cryptocurrencies or NFTs or enable exchange. “CEO of Epic Games Tim Sweeney similarly criticized NFTs. However, one month later, He revealed that the Epic Games Store works well with developers using blockchain technologies in response to the Steam ban.

Currently, the use of cryptocurrencies is widely viewed as harmful to the planet. However, Ethereum, one of the most widely used cryptocurrencies, is working on what it calls “The Merge” which it says is “Begin the era of more sustainable, greener Ethereum. “Only time will tell how green Ethereum will be. Regardless, EA appears to be embracing NFTs and blockchain games in the near future.

[Source: PC Gamer]

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