Dev gatecrashes blockchain-sponsored festival to call out irrelevance of NFTs

Game developer Mark Venturelli was booked to communicate at Brazil’s International Games Festival on “The Future Of Video Games” earlier than stunning attendees with a chat on “Why NFTs Are A Nightmare”.

According to Venturelli, the change was cleared with the festival’s organisers beforehand. However sponsors of the festival, which included a quantity of NFT and blockchain corporations resembling Lakea and Ripio and talks on “Web3 And The New Generation of Games”, weren’t as completely satisfied.

“I’ve heard that the sponsors got really mad,” Venturelli instructed PCGamer. “They tried to break into the talk while I was talking, but the organisation would not let them.”

He went on to say that these blockchain corporations “are outsiders here, they’re not important. They’re just trying to buy their relevance, because they have no actual influence over the future of our industry. If you just give them this space uncontested, you’re just giving them exactly what they want, and buying their narrative that they’re relevant.”

Venturelli’s presentation has since been posted to YouTube, along with his slides translated into English (by way of Eurogamer) and it does a fairly succinct job of demystifying the world of NFTs, the metaverse, and play to earn gaming.

During the presentation, Venturelli referred to as blockchain “a brilliant solution to the wrong problem”, arguing {that a} decentralised system would solely empower large organisations to recreation the system to make a revenue for themselves, thus making it tougher for avid gamers to benefit from the expertise. He went on to say blockchain, and particularly play to earn video games, aren’t modern as they simply take present concepts and make them worse.

It comes as a “Web 3 gaming” console has been introduced for 2024, whereas a range of NFT-focused studios are popping up from skilled recreation builders together with former PlayStation employees and the creator of Dead Or Alive.

And over the weekend, Logan Paul introduced he’s permitting “co-ownership” of the world’s costliest Pokémon card via his NFT platform.

In different information, standard recreation creation platform Unity has introduced a “merger agreement” with Ironsource, an organization that helps customers scale their apps into companies. 

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