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Fan Displeasure Leads To Sega’s Cautious Approach Towards NFTs

Sega is at the center of controversy after the company cited fan displeasure when discussing its current approach towards non-fungible tokens. In fact, the organization said that it “would like to try out various experiments, and we have already started many different studies and considerations” in the NFT space, including P2E games.

During the same management Q&A session, Sega went on to say that there are negative aspects that come with the introduction of NFTs to the company’s ecosystem. The business explained that “there are users who show negative reactions at this point” to NFTs. Furthermore, Sega said that “negative elements” are causing the organization to “carefully assess… what will be accepted and what will not be by the users.”

“We will consider this further if [NFTs contribute] to our mission ‘Constantly Creating, Forever Captivating,'” Sega officials said during the Q&A. “But if it is perceived as simple money-making, I would like to make a decision not to proceed.”

The Profit‘s Take:

This is a clear reaction to all the backlash Ubisoft received for its failed NFT venture. I don’t think anybody will fault Sega for taking a more measured approach at this moment in time. They may not win as big if NFTs wind up being the next big thing, but the cautious approach is perhaps less likely to turn off the very discerning gaming audience.

(All information was provided by ARS Technica)

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