70 Percent Of Game Developers Aren’t Interested In NFTs

Ubisoft, Square Enix, and even Konami are getting into NFTs so it's easy to fall into an echo chamber where it looks like that's where game development is going. But according to a new survey, 70 percent of game developers aren't interested in NFTs.

The Game Developers Conference's annual State of the Game Industry Report asked 2,700 developers about their studios' interest in NFTs (thanks, VGC). 70 percent said "not interested", 21 percent said "somewhat interested", seven percent said "very interested", and one percent said they were already developing NFT projects.

The survey also asked, "What is your studio's interest in cryptocurrency as a payment tool." The percentages were near-identical. It then asked how developers felt about cryptocurrency and NFTs being called "the future of gaming." GDC reported, "A vast majority of respondents spoke out against both practices, noting their potential for scams, overall monetisation concerns, and the environmental impact."

"How this hasn't been identified as a pyramid scheme is beyond me," one developer wrote. "These technologies are still not using sustainable energy and are a target for money laundering," another added. "As a developer, I feel deeply uncomfortable that there is a push for these." One added, "What benefit does it have putting these systems into our games? Who is using these things? It feels like a very small audience."

NFTs are incredibly problematic. For one, they have huge ramifications on the environment as they can only be bought with cryptocurrency which is mined for using high-end computers, often entire server rooms full of them. But aside from their high energy use, NFTs do little to protect artists as many have reported their work being stolen and turned into NFTs. Little is being done to prevent this from happening over and over again, even on the biggest storefront – OpenSea.

But despite the problems with NFTs, plenty of big publishers have begun to both sell them and integrate them into their games. Ubisoft started with Ghost Recon microtransactions while Konami sold a whole host of Castlevania JPEGs for its 35th anniversary. However, while these big-name studios are getting into the NFT racket, the vast majority aren't interested.

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