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Electronic Arts CEO Backtracks After Saying NFTs Were The Future Of The Industry

Just three months ago after calling NFTs and the broader blockchain gaming market “the future of our industry,” Electronic Arts CEO Andrew Wilson appears to be changing his tune. In a recent earnings call, Wilson admitted NFTs were not something the company was currently “driving hard on.”

“I believe that collectability will continue to be an important part of our industry and the games and experiences that we offer our players,” said Wilson. “Whether that’s as part of the NFT blockchain, well, that remains to be seen. And I think the way we think about it is we want to deliver the best possible player experience we can. And so we’re going to evaluate that over time, but right now, it’s not something that we’re driving hard on.”

Although investment in blockchain gaming and NFT-related gaming companies has skyrocketed in recent months, scores of players, developers, and critics have come out against the technologies, both for their environmental impact and the risk of financial scams, fraud, and other forms of consumer exploitation, leading many industry leaders to question the future of NFT gaming.

(All information was provided by Protocol)

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