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Linkin Park vocalist Mike Shinoda backs NFTs in gaming

Linkin Park vocalist Mike Shinoda backs NFTs in gaming

The co-founder of the rock band Linkin Park and musician Mike Shinoda spoke in support of non-fungible tokens (NFTs) in gaming and proposed discussing the reason for gamers’ negative attitudes toward the technology.

According to him, the technology allows you to own your favorite skin across different games.

«NFT не обязательно должны быть изображениями. Представьте, что вы можете взять любимый скин из Valorant и получить его в Fortnite. Без необходимости доплачивать, потому что вы уже владеете им. А потом таким же образом в Call of Duty, Minecraft, может, даже в Twitter и Instagram», — написал Шинода.

His posts were criticized not only for backing NFTs but also due to technical limitations and potential reductions in developers’ profits.

The gaming journalist Imran Khan explained that Shinoda’s proposal cannot be implemented unless Epic Games (Fortnite’s developer) buys Riot Games (Valorant’s developer).

«Почему все думают, что разработчики просто откажутся от денег за скин? Знаете, что для них проще и дешевле? Просто не делать этого», — добавил он.

Digital Foundry journalist John Linneman stressed that transferring skins from one game to another does not make sense, given the amount of work involved.

«На ком лежит ответственность за перенос скина из одной игры в другую? […] Владелец NFT заплатит Epic за попытку перенести образ из другой игры в Fortnite? Такое не происходит автоматически», — пояснил он.

Narrative director of the game Dragon Age John Epler said that in gaming everything seems possible until you actually start working on them.

Shinoda concluded that gamers do not trust developers and see NFTs as just another way to extract donations. He is confident that, thanks to the technology, those games that “give to the community, not take from it” will be in the plus.

The musician added that people still have to learn that NFTs can be not only images but also skins, songs, films or characters. He also noted the minimal carbon footprint of issuing non-fungible tokens.

Shinoda stated that gamers dislike the crypto industry because miners have bought up GPUs and other components, driving prices up.

He also described blockchain games as low quality. According to the musician, the audience wants engaging projects.

In October 2021, Ubisoft CEO Yves Guillemot told about plans to invest in blockchain startups and create its own projects based on the play-to-earn concept.

According to the report, the company is actively exploring blockchain. Chief Financial Officer Frédéric Duguet allowed the use of the technology to monetise games.

In December Ubisoft announced the launch of the Quartz beta platform, designed for trading in-game items in NFT format in partnership with Tezos.

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