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Innovation with a sense of proportion - Nintendo wants to thoroughly examine the "added value" of NFTs

 

The influential video game group is open to the innovations surrounding NFTs, metaverse and blockchain, but first wants to thoroughly examine an integration.

After the video game giant Nintendo presented its latest quarterly results a few days ago , the company expressed "interest" in the Metaverse during a question and answer session and at the same time sees great "potential" in the integration of blockchain and non-fungible tokens (NFT) into the video game world . So far, however, there are no concrete plans and Nintendo generally wants to proceed cautiously in this regard.

David Gibson, senior analyst at MST Financial, elicited the corresponding statements from the gaming group when it asked in a tweet for an assessment of the Metaverse and NFTs.


For Nintendo, the central question is "what added value" can be offered to players and fans of the brand with the implementation of these technologies. As long as this is unclear, there will be no step towards the Metaverse. The Japanese video game giant is considered traditional and conservative in the industry, but has always relied on innovations in the past that have permanently changed the gaming world. Since more and more game manufacturers are now daring to use blockchain gaming and Metaverse, it will of course be observed with interest how the forge of successful titles such as Zelda, Pokemon and Super Mario behaves towards the innovative technologies.

For example, publisher Ubisoft recently developed an NFT platform called Ubisoft Quartz , while Japanese video game company Konami, the makers of Castlevania, has launched its own NFT collection . The large software manufacturer Microsoft recently bought up Activision Blizzard for a whopping 69 billion US dollars and at the same time promised that the Xbox should be integrated into the Metaverse.

However, Quartz and Digits have both faced Ubisoft's noticeable community backlash, leading Nicolas Pouard, one of Ubisoft's managing directors of innovation , to suggest that players may not yet fully understand the benefits NFTs could bring.

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