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Are NFTs the future of the game industry?



EA CEO Andrew Wilson believes that NFT is the future of the gaming industry. Game developer Burford disagrees. He simply does not see any useful application possibilities for the technology in the gaming sector. None of the benefits often cited by NFT advocates would make sense in his opinion.

NFT fans sometimes say that the technology would allow items to be transferred between games. In Burford's view, however, this does not make sense for a number of reasons. On the one hand, items that are not part of the game would quickly destroy the balance in a game. Then the whole thing wouldn't be fun anymore. Burford also points to the constant advancement in game design.

Items that can be transferred over several titles would have to be adapted again and again by the game developers so that they also fit into the higher-resolution games of the future. “There may be no wear and tear on digital items, but technology is advancing. A 1999 gun is visually unacceptable by 2021, and its value will only deteriorate, ”explains Burford.

The question is who should pay for the constant upgrades of the item that has been sold. "The idea is just as stupid as the expectation that the dealer who sold you a 20-year-old used car without a guarantee will continue to service it." The purchase of an item as an NFT is therefore not a good investment for the players either. "NFT in a game will always go down in value unless someone is keeping it for real money, and that's just stupid," concludes Burford.

The problem with taxation

Burford also raises the question of how game developers should deal with possible tax aspects of NFT. Especially since games are sold all over the world and would therefore be confronted with all sorts of different legal regulations. He also sees disadvantages for players: "Do you really want Bungie to have your social security number, your address and all that stuff so that they can report all NFTs that you buy in the Destiny NFT Edition to the tax office?"

Burford also criticizes the concept of crypto games such as Axie Infinity and other play-to-earn games. “As a game developer, why should I think this is a good idea? The transaction is simple: you give me money and I'll give you a game. The transaction is now complete. I use this money to pay my employees, ”says Burford. Ultimately, only the crypto exchanges and their fees would earn money from such concepts.

In the end, according to Burford, NFTs do not solve problems for which there are no longer any easier possible solutions. Game companies have long been selling digital items for real money. The way via the blockchain would only be an unnecessary detour.

In his blog post, Burford also criticizes those who ask game developers like him to find useful areas of application for the technology. "You are wasting my time by giving me problems that I don't need and for which I don't owe you a solution," says Burford. “This shit pisses me off. We deserve better than you guys. You have nothing of value to add, you have nothing to give. You have no creativity, no drive, no ideas other than 'new ways to get money out of a system that doesn't need me.' "

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