Sega COO, Shuji Utsumi, expresses doubts about the entertainment value of play-to-earn (P2E) crypto games. The gaming giant remains cautious about venturing its major franchises into blockchain gaming but remains open to future possibilities in blockchain initiatives.
Search Results for: Shuji Utsumi
Sega’s Shift Away from Blockchain Games: Doubts the Future or Strategic Technology Skepticism?
Sega, a leader in GameFi and blockchain gaming, reportedly plans to step back from these sectors. Shuji Utsumi, co-Chief Operating Officer at Sega, voiced reservations about the sustainability and impact of blockchain technology in gaming, leading to speculation that Sega may abandon its blockchain-based game development plans. However, the company’s involvement with crypto investments and third-party blockchain game developers suggests its relationship with blockchain is an unfolding narrative.
Unveiling the Future of Blockchain: Sega’s Pause, Bitfinex’s Recovery, DAO Halts and Innovations in Bitcoin’s Lightning Network
“Sega withdraws from blockchain gaming to avoid content devaluation. Bitfinex recovers more stolen assets from the 2016 hack. BarnBridge DAO halts all activities due to SEC’s investigation. Lightning Labs introduces tools for AI and Lighting developers. Moreover, AFME calls for DeFi’s inclusion in MiCA regulatory framework.”