Electronic Arts And NFT Games - 2023

Electronic Arts And NFT Games - 2023

Remy Sharp
Play To Earn Games | 27 Mar 2023 17:25 UTC

EA, Electronic Arts sees Huge Potential in NFT Games.

NFT Games and Blockchain technology are the buzzwords in the gaming industry nowadays. In a recent interview, EA’s CEO Andrew Wilson weighed in on the subject and shared his valuable insights.

Electronic Arts And NFT Games
Electronic Arts And 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.

“I think that in the context of the games we create and the live services that we offer, collectible digital content is going to play a meaningful part in our future," Wilson said.

"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.”

EA hasn’t shared its plans to enter the play-to-earn game model. The play-to-earn model requires players to pay an upfront amount to play the game and earn in-game rewards.

These rewards are exchangeable with cryptocurrency and hence real-life money. The play-to-earn game economy is also based on player-to-player transactions.

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.

Ubisoft CEO Yves Guillemot terms blockchain games as a ‘revolution’ in the gaming industry. He said, “We want to be one of the key players there.”

Electronic Arts And NFT Games
Electronic Arts And NFT Games

Despite NFT games and blockchain tech’s soaring popularity, there is much controversy surrounding the subject. One of the biggest digital game stores Steam has banned NFT games from its platform.

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.

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Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You'll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games. Check out our Top Games and game lists to discover the best play-to-earn games. And don't forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you'll have everything you need to explore, discover, and enjoy the best P2E games out there.