Sega decides to abandon boring blockchain games

Sega decides to abandon boring blockchain games

195
Author: Robert Strickland (crypto-journalist)
Subscribe

Sega decides to abandon "boring" blockchain games
Sega Chief Operating Officer Suji Utsumi announced the company's plans to abandon blockchain games
Sega will also no longer use its major franchises to collaborate with third-party creators on the subject

Sega is no longer as heavily involved in blockchain games as it once was and is not allowing characters and trademarks from its best-known franchises (particularly Sonic the Hedgehog) to be used in third-party blockchain games. The move was made to avoid devaluing its own content, Sega Chief Operating Officer Suji Utsumi told Bloomberg in a commentary.

A company spokesman also said he thinks blockchain games are "boring."

"The actions in play-to-earn (p2e) segment games are boring. What's the point of them if they're not fun?" - Utsumi said.


Sega has also decided to put its own blockchain-based game projects on hold and not to implement Web3 technology in new "super games" just yet.

In mid-May, Axie Infinity (AXS) cryptocurrency gained 17% after it was announced that Axie Infinity: Origins was available on the App Store for iPhone users in some countries. On May 17, after the news was published on the project's blog, the value of the token momentarily rose from $6.92 to $8.11.

 

Other news

BlackRock Forecasts the Future of New Cryptocurrency ETFs
What U.S. Presidential Candidates See in Cryptocurrencies
How SEC's Policies Affect Bitcoin and What Could Change Under Trump
ETFs for Ethereum are Hitting the Markets
Clients of Mt. Gox Exchange to Receive $9 Billion in Bitcoin
Ethereum ETF to Launch in the US in July
Trustpilot