I haven't played too much games in my so far short life, but I was a fan of NFS, Collin McRae Rally Games, Counter Strike, Call of Duty and others. Plenty of the games that I played over time were a product of EA Sports. I remember that I was playing heavily a NASCAR game from EA Sports at some point.
I am no longer into gaming and it's quite some time since I played none, probably that's why I've missed the Splinterlands and Axi Infinity boat.
"EA Sports is a division of Electronic Arts that develops and publishes sports video games. Formerly a marketing gimmick of Electronic Arts, in which they tried to imitate real-life sports networks by calling themselves the "EA Sports Network" (EASN)" founded in 1991. I remember playing their games back in the early 2000's.
"Video gaming giant Electronic Arts generated net revenue of 5.63 billion U.S. dollars in its 2021 fiscal year." That's almost 2X Axie Infinity total market capitalization. Axie Infinity is a NFT-based online video game that looks more like low budget cartoons if you ask me, pretty much like the whole NFT space, but that's a topic for another day.
Axie Infinity and Splinterlands are generating quite some fuzz and revenues for their users. Those are probably the two most played blockchain games at the moment. Luckily, @splinterlands is built on Hive, thus offering the blockchain a bit of well deserved exposure. Other than the earning potential of blockchain games, which lead into the development of the #playtoearn trend, I bet there's not much fun playing these games.
I already covered the fun factor topic of such games in a previous post...don't remember the name unfortunately. What happens when a company like EA Sports shall start tokenizing its games? Expect fireworks in the crypto space.
Gaming is a large industry and I bet the pandemic has only bubbled it more. Seeing how society is gradually turning into a passively living one, I believe the appetite for gaming will increase and when EA Sports will decide to move its business towards tokenizing it, I bet they'll easily 10x their revenues. It's the fun factor that will weigh quite heavy for that matter.
The cryptocurrency space will be quite heavily impacted by such a move as literally millions and millions will turn from passive gamers to active crypto users. That's something many are probably overlooking when thinking crypto. Mass adoption for this industry is not entirely related to financial products such as ETFs, as quite a few see it.
The impact of a company such as EA Sports tokenizing its games and diving into crypto fully, will severely affect the current blockchain games success. Getting from #playingtoearn Axie Infinity to FIFA, will be like moving from a Nokia 3310 to a Samsung Galaxy S smartphone over the course of a few months. The fun factor will be there and the incentives to play and earn will be huge. I don't have a detailed vision on how the tokenization process will take place, but I believe it will happen at some point and it will have mass implications.
I can clearly see EA sports part of some metaverse, or at least a multi verse, where one would use his avatar to move from a virtual world to another, play his favorite games, earn, collect NFTs and probably even "get in business" in such worlds. The potential for such a company emerging itself in such future realities is immense. An era of abundance is a matter of when not if at this point.
I am curious to read your opinions on this topic and how would you see blockchain gaming in the future. How do you see EA Sports tokenizing its game and its integration in the overall tokenization process?
Thanks for attention,
Adrian