Reggie Fils-Aimé discusses the Metaverse and blockchain technology

Former Nintendo of America President and COO Reggie Fils-Aimé discussed the Metaverse, blockchain technology and P2E within video games during a panel discussion held at the SXSW Conference .

The interview focused on Reggie’s journey as a Haitian immigrant from the Bronx, who later attended Cornell University and earned a place at Nintendo after forming a close friendship with Satoru Iwata.

After discussing the challenges he faced along the way, what he accomplished while at Nintendo of America, and why he quit in 2019 (to teach and join a board), interview him directed the discussion to another subject: where was the video game industry headed?

Reggie Fils-Aimé then described the Metaverse as both an industry-wide concept, but also sharing his own interpretation of what it meant for the industry:

“What is the Metaverse? I think the Metaverse is a bit like the ‘cloud’ of five years ago, and even the ‘Internet’ of 20 years ago. It is a label that all companies try to grasp, so that they can say that their company is part of the Metaverse. For me, the Metaverse is a virtual space where you can interact with your friends in a social and, I think, gaming-like environment. So it’s social, it’s digital… and there’s the ability to really interact with your friends as well as people who have the potential to become your friends. »

Reggie mentioned Fortnite and Roblox as specific examples of implementations of his vision of the Metaverse, which he further enriches as “a vast array of different experiences, each tied together by a single motto”.

However, he mentioned that he was skeptical of the success of Facebook’s rebranding in the Metaverse, as he didn’t believe Facebook was an innovative company, and hadn’t had much success with its physical products. He also expressed his preference for augmented reality (AR) technology over virtual reality (VR), citing Pokemon GO as an example of a successful integration of this technology.

Blockchain technology considered in video games

On the subject of blockchain technology, cryptocurrency and P2E (play-to-earn), Reggie wanted to express this:

“I trust the blockchain. I think blockchain is a really compelling technology… I’m also a proponent of the “play to own” concept in video games, and I speak as a gamer who would have invested 50 hours in a game, 100 hours in a game… He there are even some games that I put 300 hours into… And when I’m ready to move on, wouldn’t it be great to monetize what I’ve built? I bet I’d have a few takers if I decided to sell my island today Animal Crossing… I wish I could monetize that. Integrating blockchain technology into code and development could allow me to do that. »

However, he qualified his positive remarks about the potential of blockchain technology in games by saying it should make sense for gamers, not just for game developers to make more money.

And you? Do you agree with Reggie’s optimistic view of the Metaverse and blockchain technology in gaming? And would you be willing to take part in the island auction Animal Crossing of Reggie?

Source – Translation: Niche Gamer

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