Former Nintendo President States Gaming Companies Are Marching to the Metaverse

Former Nintendo President States Gaming Companies Are Marching to the Metaverse

Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse than other companies due to their experience in building interactive and persistent worlds. Former Nintendo President Thinks Gaming Companies Will Lead the Metaverse

The race toward the metaverse space is on, and some think that gaming companies have the upper hand to lead the space in the short term. Reggie Fils-Aimé, former executive and president of Nintendo of America from 2006 until 2019, believes that gaming companies like Nintendo and Sony are better suited and equipped to lead this metaverse race due to the experience they have when designing and building immersive experiences for games.

About metaverse and gaming companies, Fils-Aimé told Yahoo Finance:

I do believe it’s going to be led by gaming companies and I do believe that — if delivered in a way that’s fun, that’s compelling — it’s an experience that people will want to have.

Furthermore, Fils-Aimé stated that metaverse elements like persisting digital worlds, and digital avatars are elements that are already present in a number of gaming experiences today, so the movement from traditional gaming to include metaverse elements will not be a major change for gamers. Metaverse and Gaming

The metaverse has been predicted to be a $13 billion opportunity capable of attracting more than five billion users, so gaming and other companies are interested in entering this nascent industry as soon as possible. Companies like Sony, owners of the Playstation brand, have already inserted the metaverse as an important concept for the business plan of the company.

At the time, Sony stated that it “intends to leverage the unique strengths provided by its diverse businesses and expertise in game technology… creating new entertainment experiences in the area of the metaverse.” Microsoft has also declared they want to enter the metaverse space through its acquisition of Activision, so the space seems to be crowded with different players for the future.

However, Fils-Aimé stated that, while focusing on the metaverse for the future is important, providing interesting and fun content for consumers should be the objective of gaming companies. On this, the executive gave a shout-out to From Software, developers of Elden Ring, a game that has been recently qualified by Elon Musk as the “the most beautiful art I have ever seen.” Tags in this story Citi, gaming companies, Metaverse, Microsoft, Nintendo, Reggie Fils-Aimé, sony

What do you think about the opinion of former Nintendo of America president Reggie Fils-Aimé on the future of metaverse and gaming companies? Tell us in the comments section below. Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users METAVERSE | 1 day ago Eurovision Song Contest 2022 Winners Release NFT for Ukraine Charity Auction METAVERSE | 3 days ago

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