EA, Electronic Arts sees Huge Potential in NFT Games.
According to him, the play-to-earn games, and NFT-games are “the future of our industry.” However, he wasn’t so sure about the working and earning mechanism of the phenomenon. He said, “it’s still early to figure out how that’s going to work” when talking about the matter in the company’s earnings call earlier this week.
“So, it’s still early to tell, but I think we’re in a really good position, and we should expect us to kind of think more innovatively and creatively about that on a go-forward basis.”
However, recent job listings in EA include the keywords ‘NFT’ and ‘blockchain’ which suggests that the company will eventually step into the domain. Several other gaming companies like Ubisoft, are also planning to explore the non-fungible token game space.
While Epic Games Store, its counterpart has embraced it. Moreover, the popular Netflix Series Squid Game-based NFT game was canceled at the same time when its cryptocurrency scam resulted in millions of dollars worth of loss surfaced.