PARIS, Aug 10 — When video game designer Mark Venturelli was asked to speak at Brazil’s biggest gaming festival, he submitted a generic-sounding title for his presentation — ”The Future of Game Design” — but that was not the talk he gave.
Critics say the opposite is true — game makers will capture more profits while sidestepping laws on gambling and trading, and the profit motive will kill all enjoyment. “Nobody is playing blockchain games right now,” Mihai Vicol of Newzoo told AFP, saying between 90 and 95 per cent of games had been affected by the crash.
The wider sector also has a serious image problem after a spectacular theft earlier this year of almost US$600 million from Axie Infinity, a blockchain game popular in the Philippines. He told AFP some of the attention-grabbing play-to-earn games had been “misguided” and he was convinced the technology still had the potential to “revolutionise” gaming.
And Ubisoft, despite abandoning its most high-profile blockchain effort, still has several crypto-related projects on the go.
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