New State Of The Industry Report Reveals Nearly 75% Of Devs Surveyed Aren’t Interested In NFTs

gameinformer.com:

Talk of NFTs, blockchain gaming, and play-to-earn models seem nigh unescapable these days, but it seems developers are still largely against them. 

That’s because in a newly-released 2022 State of the Industry report from the Game Developers Conference (GDC), 70% of developers surveyed said they and their studio are not interested in NFTs. Seventy-two percent of those that answered said they and their studio aren’t interested in cryptocurrencies either, which are often used to purchase NFTs. 

However 28% said they “are at least somewhat interested in cryptocurrency at their studio and 28% are at least somewhat interested in NFTs.” Only 1% of those surveyed said that their studio already uses cryptocurrency or NFTs in their development and game models. None of this is especially surprising, doubly so if you follow conversations of blockchain gaming and the like in industry spaces. NFTs and blockchain games are largely viewed negatively due to their part in ongoing environmental damage. 

The use of cryptocurrencies and NFTs, and the mining of said currencies, results in millions of carbon dioxide emissions, which damage the Earth’s atmosphere. Ethereum, one of the most-used cryptocurrencies, though, is working on something it calls “The Merge,” which it says will “start the era of a more sustainable, eco-friendly Ethereum.” Only time will tell how green Ethereum becomes. There’s also the side of NFTs that feels particularly scam-like in nature, not to mention the dangers of play-to-earn models. 

Elsewhere in the report, GDC says 83% of respondents said they are not involved in metaverse development while 17% said they are already working on a metaverse-related project. Another ongoing topic in the game development industry