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The former Nintendo president believes in the future of blockchain gaming, claiming that games must be “for the player” to be successful

In an interview last month, Reggie Fils-Aimé, former COO and president of Nintendo of North America, said he’s a fan of blockchain technology and games in the profit game — play-to-earn — genre. The concept “makes sense for players,” he asserts.

South by Southwest 2022 is the annual film, music and interactive entertainment event, Mr. Reggie Fils-Aimé direct answer the moderator’s questions on many aspects of private and professional life.

Fils-Aimé talks about his career at Nintendo, what he has been up to since retiring in 2019, and talks about the trends in blockchain technology and the future of the emerging industry. .

The former Nintendo president believes in the future of blockchain gaming and insists games must be

Reggie Fils-Aimé, Former President of Nintendo North America.

The former Nintendo president reiterated that he believes in blockchain technology and believes the technology has the potential to be a linchpin for developing the gaming industry in a new direction. In particular, he mentioned the concept of “Play-to-Own – Play on your own“will be possible if supported by blockchain technology.

The items that the player earns in a game developed on the blockchain actually belong to the player, and the player himself can turn these virtual items into real winnings. He sets the example of investing time in gaming and he himself wants to benefit from that investment.

He also joked that there will be people in the audience who want to buy his island in the Animal Crossing game, referring to a virtual location that only exists in the Switch exclusive game’s virtual world. Reggie Fils-Aimé’s quip offer is not unfounded if there are still NFTs and digital assets on the market. sold at exorbitant prices.

The former Nintendo president believes in the future of blockchain gaming and insists games must be

The tracks of The Merge have a total price of USD 91.8 million, which is equivalent to VND 2,100 billion

However, Reggie Fils-Aimé insists that the blockchain technology applied in games needs to be developed.”for gamers‘, it can’t just be a monetization tool for developers. “Final, [công nghệ blockchain] must be good for the player. And do I see a perspective?‘ Mr Fils-Aimé concluded.

The former Nintendo president isn’t the only person supporting the application of blockchain to games. A gamer and co-founder of Twitch had a similar opinion. Justin Kan believes that the NFT Born for gamerswhen players can claim ownership of the digital assets they earn.

Many big players in the video game industry are already planning to invest in blockchain technology, Metaverse and NFT. When the market and community truly realize the potential of new technologies and when the technology matures, that will be the time when virtual communities with real blockbuster blockchain game projects will flourish.

You can watch the full interview with Reggie Fils-Aimé here.

Cryptocurrency, commonly known as “virtual money”, has not been legally recognized in Vietnam.

GameFi (short for Game Finance) is a term that refers to blockchain-based games that contain financial elements. The information in the article is for reference only and has no value as an investment recommendation


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