Ubisoft debuted a platform that lets players own in-game cosmetic items in the form of NFTs. The move was met with widespread anger from gamers.
Robby Yung, CEO of Animoca Brands, an investor in Axie Infinity creator Sky Mavis, said the business model in gaming has changed over the years.
"That has transitioned largely to an economic model around free-to-play. The idea is that it's free upfront but you have virtual assets inside the game that you acquire to enhance and improve your gameplay." "If you bought cartridges for your games console and you wanted the new one but couldn't afford it, you would sell some of your old games at a second-hand shop," Yung said.
Still, despite excitement from some over NFTs and their potential use in gaming, it's clear that not everyone is on board.
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