Xbox chief Phil Spencer gives honest verdict on \u201cexploitative\u201d NFT games Xbox\/Flickr: eVRydayVRWith the rise of blockchain technology and cryptocurrency, NFTs (Non-Fungible Tokens) have become huge in the online sphere \u2014 but Xbox boss Phil Spencer has given his honest thoughts on the rise of \u2018NFT games.\u2019 While NFTs are a new phenomenon, digital artwork stored and collected on a blockchain, they\u2019re starting to leak more into everyday life. For some time now, the idea of NFT games has been mentioned across the gaming space, though how exactly they would work and operate is still a question many players are curious about. When asked about NFT games, though, Xbox chief Phil Spencer didn\u2019t rule them out entirely \u2014 though he doesn\u2019t seem in love with the idea. In a conversation with Axios, the topic of NFT gaming projects came up, and Spencer admitted approaching the subject with caution. Read More: Top 10 most expensive NFTs ever sold – He said: \u201cWhat I\u2019d say today on NFT, all up, is I think there\u2019s a lot of speculation and experimentation that\u2019s happening, and that some of the creative that I see today feels more exploitive than about entertainment. \u201cI don\u2019t think it necessitates that every NFT game is exploitive. I just think we\u2019re kind of in that journey of people figuring it out.\u201d While Spencer doesn\u2019t draw a firm line against NFT gaming projects as a whole, he\u2019s clearly very cautious of what exactly they entail. \u201cI think anything that we looked at in our storefront that we said is exploitive would be something that we would, you know, take action on,\u201d he added. \u201cWe don\u2019t want that kind of content.\u201d NFT games are already in the work, however. According to insiders, former Halo and CoD devs are working on an NFT FPS game to release in 2023. Whether Xbox becomes the home to any NFT games in the future remains to be seen but, for now, don\u2019t expect them to jump into the space.<\/p>\n","protected":false},"excerpt":{"rendered":"
Xbox chief Phil Spencer gives honest verdict on \u201cexploitative\u201d NFT games Xbox\/Flickr: eVRydayVRWith the rise of blockchain technology and cryptocurrency, NFTs (Non-Fungible Tokens) have become huge in the online sphere \u2014 but Xbox boss Phil Spencer has given his honest thoughts on the rise of \u2018NFT games.\u2019 While NFTs are a new phenomenon, digital artwork […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-86563","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/86563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=86563"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/86563\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=86563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=86563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=86563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}