Sega Changes Its Blockchain Gaming Strategy
Sega, the Japanese game development and publishing company, has made a surprising decision regarding blockchain games. In a recent interview, co-Chief Operating Officer Shuji Utsumi revealed that Sega is withdrawing its support for these types of games. Here are the key points:
- Sega will no longer license its most prominent intellectual properties (IPs) for blockchain games
- However, lesser franchises like Three Kingdoms and Virtua Fighter may still be used in non-fungible token (NFT) projects
- This is a change from Sega’s previous involvement in blockchain games and its plans to invest over $800 million in this area
- Sega launched its first licensed blockchain game in October, but now sees blockchain games as “boring”
- Despite this shift, Sega remains open to incorporating blockchain elements in the future when the technology matures
“Boring” Blockchain Games
Utsumi explained Sega’s new stance on blockchain games, stating that the action in play-to-earn games is boring, making them no fun to play. However, he also acknowledged that the company should not underestimate blockchain advocates and their proposals. In contrast, Square Enix, another Japanese gaming company, is actively embracing blockchain and NFT elements in its AAA games. It remains to be seen how the gaming industry as a whole will navigate the potential of blockchain technology.
Hot Take: Sega’s Risky Move
Sega’s decision to withdraw support for blockchain games is a risky move considering the growing interest in this space. While they believe the current games are boring, it’s important to remember that the technology is evolving. By not completely closing the door on blockchain, Sega may miss out on future opportunities. However, their caution shows that they’re not willing to jump on the bandwagon without careful consideration. It will be interesting to see how this decision impacts Sega’s position in the gaming industry and whether other companies follow suit.
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