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'We don’t want that kind of content' he says of NFTs that are 'more exploitive than about entertainment'
NFTs, otherwise known as An Enormous Fucking Scam, are taking root everywhere where someone smells a fast buck and someone else is dumb enough to join them. Which in 2021 is, sadly, a lot of places! So it’s a slight relief, even if it’s only temporary, to see Xbox boss Phil Spencer speak publicly on how wary he is of them.
In an interview with Axios, Spencer says, “What I’d say today on NFT, all up, is I think there’s a lot of speculation and experimentation that’s happening, and that some of the creative that I see today feels more exploitive than about entertainment,” which is 100% correct.
NFTs are about driving a wedge between morons and money, and nothing else. Everything they claim to do for art can already done by paying artists to make you actual art. Everything they claim to do for video games can already be done by video games, and grossly misunderstands how games are made and supported.
Yet, exactly because they are primarily about making money out of nothing, a disheartening array of major video game publishers have jumped on board. From Sega to EA, Ubisoft to Capcom to Epic, more and more companies are exploring or simply straight-up releasing NFTs in a rush to make a buck or two from the craze, objections from fans and industry peers be damned.
Read the full article on Kotaku
