{"id":149072,"date":"2022-01-06T23:27:10","date_gmt":"2022-01-06T23:27:10","guid":{"rendered":"https:\/\/precoinnews.com\/?p=149072"},"modified":"2022-01-06T23:27:10","modified_gmt":"2022-01-06T23:27:10","slug":"sega-will-likely-not-introduce-nfts-for-play-to-earn-if-perceived-as-simple-money-making","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/sega-will-likely-not-introduce-nfts-for-play-to-earn-if-perceived-as-simple-money-making\/","title":{"rendered":"Sega will likely not introduce NFTs for play-to-earn if 'perceived as simple money-making'"},"content":{"rendered":"

The leadership at video game firm Sega Corporation\u2019s holding company has suggested that they may avoid nonfungible tokens in play-to-earn model games based on the response from users.<\/p>\n

In a Dec. 14 meeting of Sega Sammy Holdings\u2019 CEO Haruki Satomi, senior executive vice president Koichi Fukazawa, and Sega Corporation president Yukio Sugino, the trio said they needed to \u201ccarefully assess\u201d how to potentially introduce nonfungible tokens, or NFTs, into Sega titles to \u201cmitigate the negative elements\u201d and work within Japanese regulations. The executives cited \u201cnegative reactions\u201d from users overseas rewarded in NFTs for gameplay.<\/p>\n

\u201cIn 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 [play-to-earn],\u201d said Sega. \u201cWe 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.\u201d<\/p>\n

The executives added that any rollout of NFTs in play-to-earn model games would \u201cbe better to work with partners on new technologies and domains […] rather than dealing with them in-house.\u201d It\u2019s unclear how the video game company intends to move forward with gauging user interest.<\/p>\n

Related: <\/strong>Play-to-earn games are ushering in the next generation of platforms<\/strong><\/p>\n

The Sega Corporation is a Japan-based game developer and a subsidiary of the Sega Group Corporation, which merged with the Sammy Corporation in 2004. The company has been behind many popular games since the introduction of Sonic the Hedgehog in the 1990s \u2014 Sega\u2019s latest title in the series, Sonic Frontiers, is scheduled to be released in 2022. In April 2021, the company announced it planned to expand into NFTs through a partnership with game developer double jump.tokyo. <\/p>\n

Should Sega move forward with using NFTs in play-to-earn model games, it would be joining a variety of gaming companies incorporating the technology. In March 2021, France-based game publisher Ubisoft launched One Shot League, a fantasy soccer game developed in collaboration with the Ethereum-based game Sorare. <\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The leadership at video game firm Sega<\/p>\n","protected":false},"author":3,"featured_media":149071,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nSega will likely not introduce NFTs for play-to-earn if 'perceived as simple money-making' - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/sega-will-likely-not-introduce-nfts-for-play-to-earn-if-perceived-as-simple-money-making\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sega will likely not introduce NFTs for play-to-earn if 'perceived as simple money-making' - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"The leadership at video game firm Sega\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/sega-will-likely-not-introduce-nfts-for-play-to-earn-if-perceived-as-simple-money-making\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-06T23:27:10+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/01\/Sega-will-likely-not-introduce-NFTs-for-play-to-earn-if-x27perceived-as-simple-money-makingx27.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/sega-will-likely-not-introduce-nfts-for-play-to-earn-if-perceived-as-simple-money-making\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/sega-will-likely-not-introduce-nfts-for-play-to-earn-if-perceived-as-simple-money-making\/\",\"name\":\"Sega will likely not introduce NFTs for play-to-earn if 'perceived as simple money-making' - 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