SEGA pulling back on blockchain gaming saying play-to-earn games are boring
Cryptocurrency has taken a big hit in value, but when it was in its all time high, SEGA and other big publishers where quick to announce blockchain gaming projects across the board. SEGA was even one of the biggest supporters saying their next big ‘super game’ and successor to Phantasy Star Online 2 would feature NFTs. Now that the price and hype surrounding crypto has shifted into a bear market, it seems that SEGA is having second thoughts on the whole thing.
SEGA’s co-Chief Operating Officer Shuji Utsumi talked to Bloomberg News recently:
“The action in play-to-earn games is boring. What’s the point if games are no fun?”
As far as SEGA’s online multiplayer, high budget “Super Game” that is due to roll out in 2026, he had this to say:
“We’re looking into whether this technology is really going to take off in this industry, after all”