Former Nintendo President Reggie Fils-Aimé has stated that gaming companies will be the leaders in the metaverse. 

Nintendo: for Reggie Fils-Aimé, the future of gaming is in the metaverse

Reggie Fils-Aimé, former President of Nintendo, stated that gaming companies are poised to be the leaders in the metaverse. 

Specifically, Fils-Aimé believes that gaming and the metaverse go hand in hand. Here are his exact words:

“I do believe that this vision is something that we’re all marching to. I do believe it’s going to be led by gaming companies and I do believe that — if delivered in a way that’s fun, that’s compelling — it’s an experience that people will want to have”.

He adds:

“I describe [the metaverse] as a space that’s immersive and interactive, a space that has the ability to be modified, but can still be persistent. Imagine walking on sand, and seeing other footprints — that’s an example of where you’re able to modify an environment but it is persistent. You’ve seen what other people have done”.

Nintendo: the metaverse and gaming

Nintendo revealed at the beginning of February that it was investigating how it could provide joy to users through the metaverse and NFTs. 

In doing so, the famous gaming company was already confirming the potential of immersive experiences and Non-Fungible Tokens, but was concerned about how to use it all so as not to diminish the ‘joy’ of its fans. 

Nintendo’s thinking might be a consequence of what happened to its competitor SEGA, which launched into the virtual sector without much thought. 

In fact, SEGA had already revealed last year that it had collaborated with game developer Double Jump Tokyo, with the intention of launching NFT content on the company’s classic and current IPs, as well as future projects. 

The reaction of fans in that case was not entirely positive, and SEGA had to halt its plans regarding Play-to-Earn schemes. 

The case of the LEGO Group

The Lego Group has also jumped into the metaverse. Recently, Vice President Edward Lewin is said to have given his opinion during WEF 2022, stating that the metaverse should be developed from the perspective of children. 

According to Lewin, the metaverse could be a great way for future generations to learn. 

This is why LEGO together with Epic Games revealed in early April their collaboration to build a place in the metaverse with new digital and immersive experiences for children and families. 

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Nintendo, responding to a questionnaire from MST Financial analyst David Gibson, revealed that it is thinking about how to introduce blockchain technology. 

Specifically, the famous video game company wonders how they can provide joy to users through the metaverse and NFTs. 

Nintendo: introducing NFTs and Metaverse without diminishing fan joy 

Indeed, in a roundup of tweets by David Gibson, he asked Nintendo what it thought about metaverse and NFTs. 

To be clear, the answer was mainly focused on metaverse, not NFTs

— David Gibson (@gibbogame) February 3, 2022

“Q) How think about metaverse and NFT?

1. A) We do have interest in this area, we feel the potential in this area, but we wonder what joy we can provide in this area and this is difficult to define right now (hey Facebook etc take note!!)”

“To be clear, the answer was mainly focused on metaverse, not NFTs”.

Nintendo confirms its interest in the potential of the metaverse and Non Fungible Tokens, something that numerous video game companies have already gotten into, but is concerned about how to use it so as not to diminish the “joy” in its fans. 

In fact, the company has also confirmed that it is not currently working on anything, but that it is still defining what could be offered to players. 

Nintendo with NFTs and metaverse for fans: the case of SEGA

While Nintendo is interested in the metaverse and NFTs, but doesn’t know how to use such technologies to make fans happy, other companies in the same industry have acted differently, experimenting with blockchain gaming. 

Among the many is SEGA, which last April 2021 allegedly revealed that it had partnered with game developer Double Jump Tokyo with the intention of launching NFT content related to the company’s classic and current IPs, as well as future projects. 

Unfortunately though, the reaction from fans was not positive, to the point of not going unnoticed by the company that decided to stop its plans regarding Play-to-Earn schemes. 

In this regard, in late January, SEGA would have said: 

“In terms of NFT, we would like to try out various experiments and we have already started many different studies and considerations but nothing is decided at this point regarding P2E. There have been many announcement about this already including at overseas but there are users who shows negative reactions at this point. We need to carefully assess many things such as how we can mitigate the negative elements, how much we can introduce this within the Japanese regulation, what will be accepted and what will not be by the users. Then, we will consider this further if such efforts are in line with our mission of “Constantly Creating, Forever Captivating”, but if they are perceived as being a move to simply make money, then we would like to consider the position of letting go of the idea”.

Ubisoft and the implementation of NFTs in its games not understood by users

In December, Ubisoft, another video game giant and creator of Assassin’s Creed, Far Cry, For Honor and many others, announced that it had implemented NFTs in some of its games and planned to launch its own. 

Through Ubisoft’s Quartz platform, players can acquire “Digits” in limited drops in the form of in-game tools such as weapons, vehicles and cosmetics and then sell them freely using crypto wallets. 

The program is based on Tezos, so NFTs can also be bought outside of Ubisoft Quartz. 

But even here, gaming fans seem to have had cold reactions about Ubisoft’s choice to introduce NFTs into mainstream gaming. However, a few days ago, Nicolas Pouard, an Ubisoft executive, said he stands by this theory and remains optimistic about it. 

According to Pouard, gamers have not yet effectively internalized the infinite potential of NFTs, and that as soon as users understand that they can get full ownership of their game assets and potential earnings from the secondary market, the coldness will turn into excitement and enthusiasm. 

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