Nintendo Confirms Interest in the NFT and Metaverse Space
Following a Q&A session of Nintendo’s latest financial results on February 3, Nintendo confirmed interest in the NFT and Metaverse spaces after a person asked a question on the NFTs and the Metaverse.
Analyst David Gibson, who was present at the conference, reported on Twitter that Nintendo’s response was not an immediate dismissal:
“Q) How think about metaverse and NFT?
A) We do have interest in this area, we feel the potential in this area, but we wonder what joy we can provide in this area and this is difficult to define right now (hey Facebook etc take note!!)”
It’s not a particularly surprising answer, after all, Nintendo is in the business of making money and would be rightly interested in any new technology that might make that possible – but it’s clear that the company is interested in both concepts and has proceeded cautiously.
Along with Team17, the suspension of its NFT program may have taken its toll on its brand, as an overwhelmingly negative online reaction forced voice actor Troy Baker to exit a deal that would shape voice samples in NFTs.
Companies like Konami, Square Enix, Sega, and EA have all recently expressed interest in NFTs, although Sega has said it won’t pursue the idea if its fans object. However, Ubisoft said fans are currently unaware of the benefits of NFTs.