B57

Pure Crypto. Nothing Else.

News

Japanese Gaming Giants Embrace Blockchain: A Vision Beyond NFTs

The Future of Gaming: Blockchain is Here to Stay

As the gaming landscape evolves, Japanese companies are planting their flags firmly in the blockchain soil. Oasys representative director Ryo Matsubara recently shared insights at the 2022 Tokyo Games Show, confidently asserting that industry giants like Bandai Namco, Sega, and Square Enix aren’t just dabbling in crypto for the quick bucks. No, this is a strategic long-game.

Long-Term Vision Over Short-Term Gains

They aren’t swayed by the skeptics in the gaming community who raise eyebrows at the mention of blockchain and NFTs. Instead, these titan developers are channeling a shared vision of the future of gaming, where blockchain technologies become intrinsic to game design.

Matsubara articulated this vision, stating, “They really understand the future adoption of blockchain. They’re not thinking about, you know, just the revenue, they want to create the next future [of gaming].” So, forget the idea that this is just a money grab; these companies are determined to reshape how we play.

New Models Over Old Franchises

When asked whether big names would incorporate blockchain into existing franchises, Matsubara hinted that the focus is on crafting brand-new blockchain games. This bold step reflects the industry’s recognition that conventional gaming models need innovation, taking time to mature before mixing in blockchain elements with beloved franchises.

  • Tekken by Bandai Namco
  • Sonic the Hedgehog by Sega
  • Final Fantasy by Square Enix

Only when a solid model is established can they consider incorporating popular IP into these blockchain experiences.

Challenges in Blockchain Gaming

Yet, the path forward isn’t without its pitfalls. Matsubara identified a significant issue: blockchain games often hinge too much on in-game token prices. This reliance breeds a culture of speculation, overshadowing the essential element of gameplay.

To remedy this, developers need to focus on enhancing the gaming experience itself, shifting away from the mere hustle to earn tokens. This perspective was echoed by Luke Sillay, lead community manager at Blowfish Studios, who stated that the desire for engaging, enjoyable games must trump the immediate lure of earning.

Global Perspectives and Emerging Trends

Looking beyond the Land of the Rising Sun, the Western gaming scene is also tapping into blockchain technology. Epic Games has recently expanded its blockchain gaming portfolio, evidenced by their listing of the NFT game Blankos Block Party in the Epic Games store. Tim Sweeney, CEO of Epic, made it clear that they’re not following suit with other platforms that ban NFT integrations. It seems that the momentum is building from all directions!

Looking Ahead

As 2023 approaches, Oasys’s proof-of-stake blockchain gears up for launch, heralding new gaming experiences that will soon unfold before our eyes. With exciting announcements on the horizon, the fusion of traditional gaming and innovative blockchain technology seems inevitable. Prepare to strap in, fellow gamers; a new era is about to hit the stage!

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *