Nintendo Shows Interest In Blockchain Games Powered By Metaverse And NFTs

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Nintendo has expressed interest in the potential of metaverse and non-fungible tokens (NFTs) to introduce blockchain technology in their video games. David Gibson, Senior Analyst at MST Financial, posted the Q&A session he had with Nintendo. He said in a tweet that Nintendo has confirmed that while they have an interest in this area, they are not currently working on anything.

The idea of ​​the metaverse, or an immersive online world where users play, shop and work, is driving investment in the industry by players like FacebookMeta’s father. Nintendo president Shuntaro Furukawa said at a press conference on Thursday that Nintendo could look into the possibility of the metaverse, but would only consider it when the “surprise and fun” the company is focused on can be delivered, he reported. Reuters.

It’s worth noting that Nintendo’s main concern is “what joy we can bring” to players and fans. The company is clearly being cautious about any possible introduction of NFTs or integrations within the metaverses. This development comes at a time when other major video game companies and consoles are experimenting with blockchain gaming.

More recently, Ubisoft has entered the world of non-fungible tokens (NFTs). In December, the company Announced a new platform, Ubisoft Quartz, where it will offer NFTs that it calls Digits. Ubisoft Quartz will launch first in the PC version of Tom Clancy’s Ghost Recon Breakpoint and will offer unique cosmetic items such as NFTs. The digits will represent unique collectible items such as vehicles, weapons and equipment from the game.

Meanwhile, Nintendo said it sold 18.95 million Change video game consoles In the nine months to the end of December, Nintendo sold 11.8 million home portable Switch units and 3.2 million portable Switch Lite units in the first nine months of the fiscal year alone. The company also reported a 2.5 percent profit loss for the nine months through December as computer chip shortages hurt output.

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