Former president of Nintendo of America believes in NFT technology under one condition

Blockchain technology is a controversial topic in the video game world due to questionable security, reliability, and developers' desire to extract money from players. Some companies are interested in integrating it into their games, while others reject it outright.

Reggie Fils-Aimé, former president of Nintendo of America, said during an appearance at the SXSW festival that he has some interest in blockchain and play-to-earn games.

“I believe in blockchain and see it as a very interesting technology. I also believe in the concept of ‘play to earn’ in video games, and I say this as a gamer who may have invested 50, 100, or 300 hours into a game. And when I’m ready to move on to something else, wouldn’t it be great to monetize what I’ve built? I bet there would be buyers today if I wanted to sell my Animal Crossing island from the latest Nintendo Switch game. Blockchain technology embedded in the code would allow me to do that.”

However, Reggie emphasized that it is important to use blockchain technology thoughtfully and with consumer interests in mind to avoid unfair practices. He concluded:

“I emphasize that it must make sense for the player.”