Archived: Head of Xbox Phil Spencer is cautious of 'exploitive' NFT practices in gaming

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itemprop="author">Kyle Campbell</span></contexter-byline><time class="dt-published published" slot="time" itemprop="datePublished" datetime="2021-11-16T18:19:57.000Z">10/16/2021</time><contexter-summary class="p-summary entry-summary" itemprop="abstract" slot="summary"><p>At least by what’s on offer thus far.</p></contexter-summary><contexter-keywordset itemprop="keywords" slot="keywords"><span rel="category tag" class="p-category" itemprop="keywords">GLHF</span>, <span rel="category tag" class="p-category" itemprop="keywords">Xbox</span>, <span rel="category tag" class="p-category" itemprop="keywords">Xbox Game Pass</span>, <span rel="category tag" class="p-category" itemprop="keywords">video games</span>, <span rel="category tag" class="p-category" itemprop="keywords">glhf</span>, <span rel="category tag" class="p-category" itemprop="keywords">xbox</span>, <span rel="category tag" class="p-category" itemprop="keywords">xbox game pass</span></contexter-keywordset><a 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Head of Xbox Phil Spencer is cautious of 'exploitive' NFT practices in gaming

Kyle Campbell

10/16/2021

At least by what’s on offer thus far.

GLHF, Xbox, Xbox Game Pass, video games, glhf, xbox, xbox game pass

Phil Spencer, head executive of Microsoft’s Xbox division, isn’t particularly thrilled about NTF projects in gaming. Thus far, anyway.

During an interview with Axios, Spencer shared his thoughts on the current state of NFT gaming.

“What I’d say today on NFT, all up, is I think there’s a lot of speculation and experimentation that’s happening, and that some of the creative that I see today feels more exploitive than about entertainment,” Spencer said via Axios. “I don’t think it necessitates that every NFT game is exploitive. I just think we’re kind of in that journey of people figuring it out.”

Not many notable game development studios have toe-dipped into the world of NFTs yet and for a good reason. Behaviour Interactive faced tremendous blowback from fans after announcing an NFT collaboration in Dead By Daylight. Even a developer behind asymmetrical horror rival Friday the 13th: The Game took a chance to roast Behaviour over it.

20 years of progress led us to this.#Xbox20 #PowerYourDreams pic.twitter.com/SXSpzNKsVv

— Xbox (@Xbox) November 16, 2021

Spencer didn’t outright disapprove of NFTs but he’s not keen on having them on Xbox at this point either.

“I think anything that we looked at in our storefront that we said is exploitive would be something that we would, you know, take action on,” Spencer said via Axios. “We don’t want that kind of content.”

Valve Software recently banned all NFTs and cryptocurrency from Steam, likely over the same concerns Spencer has. Though Tim Sweeny said blockchain titles are welcome on the Epic Games Store.

Written by Kyle Campbell on behalf of GLHF.