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Location: Home / Technology / gamerant.com Former Nintendo President Reggie Fils-Aime Says He Supports Blockchain Technology

gamerant.com Former Nintendo President Reggie Fils-Aime Says He Supports Blockchain Technology

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Reggie Fils-Aime states in that he is a believer in play-to-own technology and the blockchain, but he does have some concerns.

Reggie Fils-Aime remains a well-known figure in the gaming industry. Despite stepping down from his role as President at Nintendo America, Fils-Aime has been consistently working within the gaming industry and speaking on video games as they continue to develop. Over his time at Nintendo, Reggie rose to be a respected and well-liked figure of the company, often showing genuine enthusiasm for the games that Nintendo made. Even beyond Nintendo, Fils-Aime showed a clear passion for gaming and praised Xbox for how it has impacted the industry.

gamerant.com Former Nintendo President Reggie Fils-Aime Says He Supports Blockchain Technology

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Recently, Reggie Fils-Aime was brought to speak on a panel at SXSW in Texas. Over the hour-long conversation, he was asked multiple questions about his career and opinions on the gaming industry. He brought up why he left the Fils-Aime discussed why he left the GameStop board of directors and commented on what he thinks of the blockchain and pay-to-own technologies that appear to be in gaming's near future. While the blockchain is often associated with NFTs, something that many gamers find to be a controversial and negative idea for the industry, Reggie seemed to speak solely on the technology that creates the blockchain.

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"So I'm a believer in blockchain," Fils-Aime began. "I think it's a really compelling technology." He then went on to say that he also believed in play-to-own concepts within video games. Reggie's comments came from the perspective of a player. After someone has spent 50 to 100 hours in a game, he believes it would be great for them to be able to monetize what they've built if they're able to do so. He used his Animal Crossing: New Horizons island as an example and said that he would likely have some buyers even within the audience for it. Despite fan reaction to the idea of blockchain, Reggie is one of many gaming figures and companies that see a future in the tech. Ubisoft is heavily invested in NFT games and crypto through Ubisoft Quartz, for example.

Unlike Ubisoft, that has shown an interest in play-to-earn, Reggie prefers the idea of players owning what they create in games. "It needs to make sense for the player," he stated. "It can't just be an approach by the developer that it's interesting or it's a way for them as a development entity to make more money." Fils-Aime consumer focus has often stuck out to fans and made him as popular as he is within video games. Even after leaving Nintendo, Reggie's appearances at the Game Awards were met with great applause.

It seems, then, that many figures within the gaming industry do see an opportunity within the blockchain technology. What many fans are concerned about is the idea that the future of gaming will be focused on NFTs, a fear that other gaming figures like Xbox's Phil Spencer have tried to calm, but one that is only emphasized by other companies like Square Enix promising that NFT games are the future.

MORE: Most Memorable Reggie Fils-Aime Quotes

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