Electronic Arts says NFT will be part of company’s future

The video game studio spoke about the impact that non-fungible tokens have had, ensuring that they will be an important part of the company

The video game studio Electronic Arts (EA) assessed the impact of the cryptographic format of the NFT in the video game sector and, although it acknowledges that its status is still “very early”, it estimates that “an important part” of the future of the sector is in this technology.

This was stated by the CEO of EA, Andrew Wilson, in statements during the presentation of the latest economic results of the study, for the second quarter of fiscal year 2022, as recorded in the transcript of the meeting.

During the presentation of results, Wilson was asked about new technologies such as non-fungible tokens or “play to earn”, a ‘play to win’ video game model that financially rewards each user who adds value by playing and spending time in gaming ecosystem.

Wilson said that “the conversation about play to earn and NFT is still very, very early”, but that it is a highly debated topic. The executive also acknowledged that there is “a lot of expectation in this regard.”

“I think it will be an important part of the future of our industry”, the CEO of EA went on to affirm, although he estimates that “it is still too early to find out how it will work.”

The executive has also made his own predictions about the future of tokens in video games. “I believe that in the context of the games we create and the live services we offer, collectible digital content is going to play a significant role in our future.”

Source: dpa

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