Former Nintendo of America President Reggie Fils-Aime has commented on NFTs and the blockchain, saying he believes in these technologies could has substance and value. In a speech to GI.bizFils-Aime said that it is common for new technologies to be divisive as soon as they emerge, citing free play and microtransactions as examples.
“I remember GDC where Satoru Iwata commented on free games and how he saw that they were a significant danger to the industry,” he said. “And yet we are today where there are high quality free games. There are revenue generation loops in the game that fans are … maybe no one is ever happy to spend money on content but they have nothing against spending money on outfits and that sort of thing, and they enjoy it. “