Entertainment

Electronic Arts CEO Uncommitted to NFT in Latest Investor Call

During an Electronic Arts earnings call on Tuesday, CEO Andrew Wilson commented on NFT and their place in the game. Wilson takes a conflicting stance on the NFTs, saying Electronic Arts will continue to “evaluate [non-fungible tokens] over time,” but the company did not focus on them as a priority.

NFT has been a controversial new element of several game economies, and major publishers have begun to implement the technology into their games. NFT is a unique token on the Ethereum blockchain; This token is meant to correspond to the alleged ownership of a digital item. So far, NFT has been implemented in games like Ubisoft’s Ghost Recon Break Point.

React to these promotions so far mostly negative. GSC Game World, the developers of STALKER 2: The Heart of Chernobyl, the NFT gave the game a brief notice before a wave of outrage forced them to immediately rescind the announcement. Worms Publisher Team17 also announced and then immediately canceled an NFT project After backlash from studios such as Playtonic and Aggro Crab, wrote: “We believe that NFT cannot be eco-friendly or useful, and is just a lousy whole.”

During the earnings call, Wilson talked about the “collectibility” idea associated with the NFT: “The way I look at it, collectability is really built around four key metrics. It’s about high-quality content, it’s about scarcity, it’s about proof-of-concept, and it’s about a group of people who find value in that content. “

Wilson then went on to say that “collectibility will continue to be an important part of our industry and the games and experiences we offer players,” but he did not. commit to any NFT-related plans.

“Whether that is part of NFTs and blockchain, that remains to be seen,” Wilson said. “I think the way we think about it, we want to give the players the best possible experience. And so we’re going to evaluate that over time, but for now, that’s not something we’re trying to fight against. “

https://www.polygon.com/22914579/electronic-arts-ceo-andrew-wilson-nfts-investors-call-discussion Electronic Arts CEO Uncommitted to NFT in Latest Investor Call

Aila Slisco

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