Game giants are addicted to “NFT cutting leeks” engineers can’t stand it anymore

Gaming giants and their engineers have a hard-to-bridge disagreement over how NFTs are applied.

Last year’s NFT trading carnival made the game industry see huge opportunities. Some global game giants hope to apply NFT and blockchain technology in games to promote game decentralization. For example, players can buy a sword in one game and use it in another game. Blockchain technology became a major topic of discussion at this year’s Game Developers Conference, the gaming industry’s biggest conference.

Leaders believe that by introducing digital ownership into the game, players can build up an inventory of tradable goods and even turn their hobby into a side hustle . Many game companies, including Japanese game giants Square Enix, Konami and Sega, have expressed their willingness to apply NFT and blockchain technology in games.

However, the engineers who actually developed the game felt that doing so would have serious consequences, and held the company behind the initiative accountable.

They said that NFTs exploited the trust of players to create a class community in the game, benefiting the rich more , while at the same time failing to address the risk of fraud in the NFT market and internal environmental costs.

According to Bloomberg, some game studios, including Ubisoft Entertainment SA and Team17, were forced to cancel or abandon NFT projects entirely this year due to backlash from employees.

Digital Ownership Guidelines and Commitments

Against this backdrop, indie game developers, artists and employees of Minecraft game developer Mojang Studios jointly drafted and released on Tuesday a digital ownership commitment (guidance), calling on game studios to apply , fully understand the flaws of NFTs and cryptocurrencies.

Signing companies must commit not to develop games that foster artificial scarcity and speculation, not to favor early NFT players or wealthier players too much, and not to use energy-intensive and volatile cryptocurrencies.

Minecraft game developer Cory Scheviak and concept artist Mariana Salimena helped draft the pledge.

“For game developers, NFTs have changed the meaning of games, which is very concerning to us,” Scheviak said.

“With regard to giving people jobs (the view), people can make all the circumstantial evidence they want, and everything they say is positive. But in the end, it’s not about the player. It’s never about helping people, it’s always about doing the best job possible. Might make more money .”

“Maybe after reading this guide, you will find yourself interested in creating a marketplace for collectibles, but you don’t need blockchain technology to do that,” Salimena said.

Companies that had pledged to sign on before the guide was published included Total War Simulator’s publisher Landfall Studios, as well as many Mojang employees who weren’t involved in the creation, Scheviak said. Once live, it will spread among the development staff of most major studios.

Status quo: Money-making games are hot, piracy is rampant, fraud is repeatedly banned

More recently, money-making games like Axie Infinity have exploded among players, often based on blockchain technology and offering rewards for playing with a dedicated cryptocurrency.

Their growth is especially worrying for developers. Paula Angela Escuadra, a gaming researcher at the world’s largest non-profit Game Developers Association, noted that cryptocurrency traders employ teams of players to earn tokens on their behalf, highlighting the moral hazard inherent in such games.

“We now have over 2.5 billion players and we have the opportunity to show them a different world,” Escuadra added. “But in reality, money-making games and NFTs are perpetuating the damage we’ve done to financial and economic systems in the real world. It paints a picture of a world that is still very much focused on making money.”

But the reality is skinny. Most NFT participants are out of the game with losses, and almost all the top investors make money.

In addition, the current NFTs are not only causing losses to creators and investors due to rampant piracy and fraud.

In March of this year, Ronin Network, the Ethereum sidechain of the well-known blockchain game Axie Infinity, announced that it had suffered a hacker attack. The attacker used the hacked private key to forge fake withdrawals, resulting in a loss of about 625 million US dollars. Currently, Ronin Bridge and Katana Dex have been discontinued.

After the hack, the value of the AXS token on the Axie platform has dropped by nearly 40%.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/game-giants-are-addicted-to-nft-cutting-leeks-engineers-cant-stand-it-anymore/
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