Phil Spencer, executive vice president of games at Microsoft and head of the Xbox program, recently touched on the trend in the NFT gaming phenomenon. To Spencer, some of the platforms that leverage the use of NFTs seem more exploitative than entertaining. Some of the biggest developers and publishers in the video game industry have already expressed interest in introducing NFT elements into their games.
Phil Spencer does not immediately support NFTs
Phil Spencer, Xbox Program Manager at Microsoft and one of the most recognized leaders in the gaming world, provided his thoughts on NFTs and the inclusion of these elements in today’s gaming scene. Spencer said he believes these early stages of exploration with these tools include platforms that are more about speculation than entertainment. Regarding this, Spencer told Axios:
What I would say today on NFT is that I think there is a lot of speculation and experimentation going on, and some of the creatives I see today feel more exploitative than on the entertainment.
Spencer’s opinion is very important because of the influence he has on what is and is not published in the Xbox store, one of the biggest marketplaces in the gaming industry. This opinion could mean that games using NFTs would struggle to get published in the aforementioned storefront, at least for now.
Not ready for stores
Spencer broadened his point of view and said that at this point there might be things created with NFTs that couldn’t be shown in game stores. This is the same opinion that executives at Steam, the largest PC gaming marketplace, put forward to justify banning blockchain games from its platform last month.
However, other game companies are already incorporating NFT elements into their games, or at least planning to do so in the near future. Square Enix, Electronic Arts, and Ubisoft are part of that group, with Ubisoft even investing in native blockchain game companies like Animoca Brands, the operators of The Sandbox, one of the main NFT metavers.
Spencer pointed out:
I can understand that at the beginning you see a lot of things that are probably not things you want to have in your store. I think whatever we looked at in our storefront that we called exploitative would be something that, you know, we would take action on.
What do you think of Phil Spencer’s statements regarding NFT games? Tell us in the comments section below.
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