HomeUncategorizedMinecraft, GTA may yet change their tune on blockchain: GameFi execs By Cointelegraph

Minecraft, GTA may yet change their tune on blockchain: GameFi execs By Cointelegraph

March 27, 2023

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While several mainstream game studios have taken a noticeable step back integrating blockchain tech, three blockchain gaming executives say it’s only a matter of time before they change their tune.

In July last year, Minecraft developer Mojang Studios announced a ban on NFTs and blockchain technology.

The average perception of gaming NFTs according to a 2022 survey. Source: Coda Labs
Loot boxes and other microtransactions are projected to net gaming companies $20 billion in revenue by 2025. Source: Juniper Research