Japanese gaming companies are preparing for widespread blockchain-based games and are not affected by the segment of gamers who oppose cryptocurrency and non-fungible tokens (NFTs) An executive of Oasys blockchain project told Asian Trade. Oasys blockchain project spoke to Asian Trade.
Talking to Asian Trade in the 2022 Tokyo Games Show last week, Oasys Representative Director Ryo Matsubara stressed that the major partners of the project like Bandai Namco, Sega and Square Enix are not just getting on board with the crypto wave there is a long-term strategy for gaming that is based on blockchain:
“We have a shared vision about blockchain at the executive level. They don’t [want to] change that policy. They really understand the future adoption of blockchain. They’re not thinking about, you know, just the revenue, they want to create the next future [of gaming].”
Bandai Namco has developed beloved games like Tekken and Pac-Man The most well-known Sega game is commonly referred to in the form of Sonic the Hedgehog, while Square Enix is the developer of the well-known Final Fantasy franchise.
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When asked if these companies are planning to integrate blockchain technology with their existing games, Matsubara said that the company is first looking to develop blockchain games that are completely new.
He said that since it is a totally “new model” of gaming and gaming, it will require time to develop before major companies begin to look into more extensive blockchain integrations into traditional games.
“When the model is fixed, becomes sustainable and successful, then strong [popular] IP will be added,” He said.
Examining what can improve in the field of blockchain-based gaming Matsubara pointed out that one “big problem” so far is that a lot of projects are dependent on the value of game tokens. In the end, there is a greater need to “speculation” rather than the game itself.
He also noted that there is likely to there will be “adjustment” over time as projects attempt to build real excitement for the games themselves, more likely through making the gaming experience more enjoyable overall.
Similar sentiments were expressed by the chief community manager of an Australian-based game developer in addition to Animoca Brands subsidiary Blowfish Studios Luke Sillay, who was also present at the event.
In the interview for Asian trade Sillay stressed that people are more interested in games that are “fun to play” rather than a ploy to make tokens.
Oasys Blockchain’s proof-of-stake technology is specifically designed for gaming, and is slated to launch its official mainnet in the last few months of the year. Matsubara said that games from the company’s top partners could be announced in the coming year.
Outside of Japan Major western gaming companies like Fortnite’s developer Epic Games have increased exposure to the latest blockchain-based gaming. The last week, Epic Games’ Epic Games store listed a new and free-to-play NFT game known as Blankos Block Party by Mythical Games.
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The decision follows statements made by Epic Games CEO Tim Sweeney in July in which he declared that the firm “definitely” wouldn’t follow Microsoft’s Minecraft in prohibiting the integration of NFT in game titles.