{"id":22137,"date":"2023-07-07T15:24:06","date_gmt":"2023-07-07T15:24:06","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/blockchain-gaming-loses-appeal-for-sega\/"},"modified":"2023-07-07T15:24:06","modified_gmt":"2023-07-07T15:24:06","slug":"blockchain-gaming-loses-appeal-for-sega","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/blockchain-gaming-loses-appeal-for-sega\/","title":{"rendered":"Blockchain Gaming Loses Appeal for Sega"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
\n<\/p>\n

\n

Sega, the iconic gaming company known from game hit Sonic the Hedgehog, looks to be distancing itself from GameFi and blockchain-based ventures. The shift in strategy follows previous announcements about Sega\u2019s careful examination of the play-to-earn gaming models and non-fungible tokens (NFTs) to avoid the perception of a blatant money-making scheme.<\/p>\n

During an interview with Bloomberg, Sega\u2019s co-Chief Operating Officer, Shuji Utsumi, cast doubt on the future potential of blockchain technology within the gaming sector. The company\u2019s previous enthusiastic entry into the field has been replaced by apprehension, leading to a cancellation of their plans to roll out proprietary blockchain games. Utsumi addressed this change in direction candidly, challenging the value of a technology that doesn\u2019t bolster fun in gaming.<\/p>\n

\n
\n
\n
\n
\n
5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n

New players only. Exclusive 111% Welcome Bonus + 111 Free Spins in Aztec Magic Deluxe <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\u201cThe action in play-to-earn games is boring. What\u2019s the point if games are no fun?\u201d he said, revealing the company\u2019s shift in sentiment towards blockchain technology.<\/p>\n

Interestingly, Sega had shown reluctance about its participation in the GameFi sector in the past, emphasizing that they would readily back out if the venture was seen merely as a revenue-chasing strategy. This cautious approach appears to have been a guiding factor in their current decision to step back.<\/p>\n

However, Sega\u2019s retreat doesn\u2019t spell the end for blockchain games associated with the brand. While the Japanese firm has decided to shield some of its best-known games and intellectual property from blockchain, it remains open to collaborations with third-party developers for blockchain game production. This strategy was reflected last year when the company publicized a collaboration with Double Jump Tokyo, a development house, to create blockchain games featuring some of Sega\u2019s lesser-known IPs.<\/p>\n

\n
\n
\n
\n
\n
350% or 5BTC + 150 Spins!<\/strong><\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus – 350% bonus on your first deposit up to 5BTC <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Though the future of blockchain in gaming remains uncertain, Sega\u2019s shift in strategy indicates a careful, skeptical evaluation of the technology. As the gaming industry continues to adapt and evolve, all eyes will be on how other major players respond to these trends.<\/p>\n<\/p><\/div>\n

Source link <\/a>
\n
<\/p>\n","protected":false},"excerpt":{"rendered":"

(Originally posted on : Crypto News – iGaming.org ) Sega, the iconic gaming company known from game hit Sonic the Hedgehog, looks to be distancing itself from GameFi and blockchain-based ventures. The shift in strategy follows previous announcements about Sega\u2019s careful examination of the play-to-earn gaming models and non-fungible tokens (NFTs) to avoid the perception […]<\/p>\n","protected":false},"author":5,"featured_media":22138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22137"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22137"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22138"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}