tldrdaily.news logo
Tag

Play To Earn

All articles tagged with #play to earn

gamingtech2 years ago

Mojang Forces Minecraft Server to Cease Bitcoin Profits: Report

Satlantis, an independent Minecraft server that rewarded players with Bitcoin, will remove its play-to-earn feature following a demand from Mojang, the creator of Minecraft. Mojang, owned by Microsoft, reportedly asked the server administrators to remove the functionality. Satlantis plans to revive the concept in another game and will continue to honor Bitcoin withdrawals outside of Minecraft. The server had attracted over 2,300 players and had given out a full Bitcoin in rewards. Minecraft's guidelines now ban play-to-earn features in user-operated servers, joining the ban on NFT functionality. Other games, such as Grand Theft Auto V, have also banned NFTs and cryptocurrency from their fan servers.

via Decrypt|
#bitcoin#gamingtech#minecraft
gamingtech2 years ago

Sega's Shift Away from Blockchain Games Sparks Controversy

Sega has announced that it is abandoning most of its crypto-related plans, including third-party blockchain projects and in-house blockchain games. The company's co-Chief Operating Officer, Shuji Utsumi, stated that play-to-earn games are boring and not fun, leading to the decision to put potential crypto and NFT products on hold. While Sega is avoiding blockchain for its popular IPs like Sonic the Hedgehog and Yakuza, it is open to third-party NFT creators using less popular IPs. The move comes as other game companies, such as Square Enix and Ubisoft, have also scaled back or altered their blockchain plans, realizing the fiscal and design limitations of NFTs and blockchain technology.

via Den of Geek|
#blockchain#gamingtech#nfts
gaming2 years ago

Sega Abandons Blockchain Gaming Plans, Citing Boredom

Sega is stepping back from play-to-earn blockchain games, with Co-Chief Operating Officer Shuji Utsumi calling them "boring" and questioning their potential in the industry. While Sega will continue to offer its smaller franchises to blockchain games, the company will invest in related projects and assess the technology's viability. Utsumi acknowledges the influence of blockchain advocates and urges not to underestimate them.

via VGChartz|
#blockchain-gaming#gaming#play-to-earn
gaming2 years ago

Sega Abandons Blockchain Gaming, Deems Play-to-Earn "Boring"

Sega has decided to retreat from its blockchain initiatives and suspend plans to develop blockchain-based games, citing the "boring" nature of play-to-earn games. The Tokyo-based gaming studio, known for titles like Sonic the Hedgehog, expressed concerns about the devaluation of its content and stated that it will wait to see if blockchain products truly take off in the gaming industry. Sega had previously explored blockchain for use in its games and even trademarked "Sega NFT" in Japan. However, concerns over over-commercialization, pay-to-win environments, technical issues, and limited accessibility have led to the company's decision to step back from blockchain integration for now.

via Blockworks|
#blockchain-gaming#crypto#gaming
gaming2 years ago

Sega Abandons Blockchain Gaming, Deems Play-to-Earn Games 'Boring'

Sega has reportedly put its plans to develop its own blockchain games on hold, citing the lack of fun and excitement in play-to-earn games. While the company is allowing third-party partners to create NFT games using some of its franchises, it is cautious about associating its biggest characters with blockchain titles to protect their value. Sega will continue to invest in blockchain gaming, acknowledging the potential for it to become more mainstream in the future. Additionally, the company has stated that it is not interested in acquisition talks, despite being a target for Microsoft in recent years.

via Video Games Chronicle|
#blockchain-gaming#gaming#nft-games
gamingtech2 years ago

Sega Ditches Blockchain and Labels F2P Games as 'Tedious'

Sega has abandoned its plans to embrace blockchain technology and sell NFTs, citing concerns about devaluing its content and the lack of fun in play-to-earn games. The company's co-Chief Operating Officer, Shuji Utsumi, stated that Sega will withhold its biggest franchises from third-party blockchain gaming projects and shelve its own development plans in that genre. However, lesser-known properties like Three Kingdoms and Virtua Fighter may still have NFT tie-ins through third-party providers.

via Kotaku|
#blockchain#gaming-industry#gamingtech
gaming2 years ago

Sega Abandons Blockchain Gaming, Citing Boredom

Sega is withholding its major IP, such as Sonic the Hedgehog, from third-party blockchain games, dismissing them as "boring" and lacking fun. However, Sega will still allow the use of characters from lesser-known franchises as NFTs and sees potential in blockchain technology for transferring characters and items between different games. While Sega is currently pausing its own blockchain gaming projects, it remains open to using the technology in the future. Other companies, including Square Enix and Ubisoft, have also shown interest in blockchain gaming but have faced mixed reactions from gamers.

via IGN|
#blockchain-gaming#gaming#nfts