The former chief executive officer of Nintendo of America (NOA) shared his thoughts on the role of blockchain technology in the gaming industry.
Nintendo of America is a Japanese multinational video game company, which has headquarter in Kyoto, Japan. This company develops video games. Recent reports noted that Nintendo is much curious and serious about the blockchain and crypto introduction in the gaming world.
Recently speaking on a panel at SXSW Reggie Fils-Aimé, Former President and Chief Operating Officer of Nintendo of America (NOA), said that he is a bullish believer in blockchain technology and also noted that customers will be able to monetize their activities in the gaming world.
“I’m a believer in blockchain. I think blockchain as a technology is compelling. I’m also a believer in the concept of ‘play to own’ within video games.”
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The former president also indirectly explained that gamers, who usually spend their time in gaming activities, will be able to generate revenue because of the blockchain tech introduction.
Fils Aime said:
“There are some games where I’ve invested 300 hours… when I’m ready to move on to something else, wouldn’t it be great to monetize what I built?”
Fils Aime also said that many gamers, who are interested in owning his island in the Animal Crossing video game, raise the possibility of the non-fungible tokens (NFTs) technology being used. All over these things are hinting that gaming company may enter the world of blockchain technology with the introduction of NFTs, crypto, and also some virtual reality-based concepts to some extent.
However, this is not only a gaming company, which is known to work on blockchain and gaming collaboration but also many other companies are working to involve blockchain technology in video games but the majority of them are getting criticism for such development works.
Read also: South Korean president seeks to delay the crypto gains taxes
I’m a believer in blockchain, says former Nintendo CEO
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