Sega Top Executive Optimistic About NFT Games

Shiju Utsumi is confident NFTs will revolutionize the gaming industry despite condemning the approach months ago.

Oct 16, 2023
by Michael
Sega Top Executive Optimistic About NFT Games
News

Sega's Co-COO, Shuji Utsumi, has recently expressed optimism on the company's upcoming blockchain gaming venture, "Battle of Three Kingdoms", despite his previous remarks characterizing play-to-earn games as dull.

Sega Partners Double Jump.Tokyo For NFT Game

This update is coming after Sega collaborated with Double Jump.Tokyo, a prominent blockchain firm. The joint effort is to produce an NFT trading card game that draws inspiration from the renowned 2005 game, "Sangokushi Taisen."

Geared towards the gaming community in Asia, "Battle of Three Kingdoms" is poised to unveil an initial collection of over 100 distinctive cards, with a promise of regular game updates post-release. In an effort to reinvigorate the intellectual property of "Sangokushi Taisen," Sega has employed strict protection clauses in the licensing agreement with Double Jump.Tokyo.

NFT Incorporation Is A Transitional Phase

In a recent report, Utsumi mentioned that the current trend of the gaming industry in incorporating NFTs is a "transitional phase."

He said, 

"Blockchain gaming is a domain we're yet to fully grasp. Owning assets and, occasionally, earning money in blockchain games may introduce desires in players that we haven't seen before,"

Underlining its commitment to the project, Sega has appointed the original producer of "Sangokushi Taisen" to oversee the development of the new game. Also, the gaming powerhouse will contribute valuable game assets to strengthen this strategic collaboration.

The Collaboration Will Solve NFT Gaming Challenges

Utsumi stressed that the collaboration is a valuable learning experience for Sega, marking the company's initial foray into the realm of blockchain gaming. He considered the partnership to be mutually advantageous for both parties. Despite his enthusiasm for the potential of NFTs in gaming, Utsumi mentioned the existing challenges posed by the adoption of crypto wallets, which serve as repositories for digital assets such as NFTs. He also spoke about the need to prioritize user-friendly interfaces for transactions, especially for those unfamiliar with the intricacies of managing crypto wallets.

Nevertheless, Utsumi is optimistic and eager to witness how NFTs can replicate the tangible sensation of owning collectible cards, thereby ushering in a new era of gaming experience.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
We have sent you an email, please confirm!


News Filter
Play Games Now
Galaxy Fight Club
Galaxy Fight Club
illuvium
illuvium
Gods Unchained
Gods Unchained