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Akira Ming
Akira Ming
Sep 19, 2022
News

Gaming Giants Bandai Namco and SEGA Reaffirm Stance on Web3 Gaming Adoption

According to Oasys blockchain, Japanese gaming giants like Bandai Namco and SEGA are determined to bring blockchain gaming to mainstream adoption. Here's how.
Gaming Giants Bandai Namco and SEGA Reaffirm Stance on Web3 Gaming Adoption

Bandai Namco, SEGA, and more are hell-bent on embracing blockchain gaming

In the latest report by Cointelegraph, Japanese gaming giants such as Bandai Namco, SEGA, and Square Enix have reaffirmed their stance on supporting Web3 gaming adoption. Despite potential backlashes from traditional gamers, the league will move on with such plans, said an Oasys project executive. 

Oasys is a public blockchain that specializes in games. It is a one-of-a-kind Web3 initiative launched with the support of renowned gaming firms and guilds such as Bandai Namco, SEGA, Square Enix, Com2Us, Mythical Games, YGG, and more. 

At the 2022 Tokyo Games Show last week, Ryo Matsubara - the Oasys representative director - revealed that the project's big-name partners, namely Bandai Namco, Sega, and Square Enix, are aligned on a long-term vision for blockchain games. 

"We have a shared vision about blockchain at the executive level. They don't [want to] change that policy. They really understand the future adoption of blockchain. They're not thinking about, you know, just the revenue, they want to create the next future [of gaming]."

New blockchain games on the horizon

Bandai Namco is well known for global hits such as Tekken and Pac-Man, SEGA for Sonic the Hedgehog, and Square Enix for the widely popular Final Fantasy franchises. 

But rather than integrating blockchain tech with their current titles, Matsubara suggested that they will be developing new blockchain games instead. According to him, Web3 gaming is a "new model" of gaming, and would thus require more time to mature before integrating such tech with traditional games. 

"When the model is fixed, becomes sustainable and successful, then strong [popular] IP will be added," Matsubara told Cointelegraph. 

However, Matsubara admitted that there are a few pressing issues to be dealt with in blockchain gaming. One of them is the speculative nature of such projects, since many players tend to focus on the in-game token prices instead of the gameplay itself. To tackle this, the team is looking for ways to improve the gaming experience so as to develop genuine hype for the games themselves. 

It remains to be seen how Oasys and its gaming partners will revolutionize the gaming industry. But, like it or not, gaming giants are eyeing blockchain games, and that's a trend worth watching in the next few years. 

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
Posted: 19 Sep, 2022 23:04 • Updated: 16 May, 2024 10:03
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