Nintendo President Admits Metaverse Has Huge Potential, But No Rush To Enter The Field

This article comes fromDecrypt, Original Author: Andrew Hayward

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secondary titleSummary:However, he added that Nintendo needs to think further about how to approach the field in a unique way.

according toVGCMetaverse became a major buzzword after Facebook (now Meta) unveiled its vision in October 2021, and now gaming and tech giants are weighing the potential of the future internet. Shuntaro Furukawa, president of Japanese gaming giant and console maker Nintendo, sees "huge potential" for the future of the Metaverse.

Shuntaro Furukawa recently commented on Metaverse during an investor Q&A session.

According to the official document

, Furukawa talked about the potential of the Metaverse, noting how the media compared it to Nintendo's hit life sim Animal Crossing.

according to

In the translated version of Furukawa, “The Metaverse has attracted the attention of many companies around the world, and we believe it has great potential. In addition, when the media mentions the Metaverse, they sometimes cite game software such as Animal Crossing as examples.” , and in that sense, we're interested in it."

Metaverse refers to a more immersive vision of the internet's future, where users can socialize, play, and even work together in shared 3D spaces. It may be powered by blockchain technology, including NFT assets, and Ethereum-based games such as Decentraland, The Sandbox, which sold digital plots to users, set an early example in the field.

However, there is some controversy over the exact meaning of the term "Metaverse". For some, it simply means immersive shared experiences through virtual reality (VR) or augmented reality (AR) headsets, while others see NFTs — assets that demonstrate ownership of digital items — as their design. most important pillar. It's a vague buzzword, partly because a fully functioning Metaverse is likely still years away.

Regardless, while Shuntaro Furukawa seemed positive about the potential of the Metaverse, he said Nintendo wasn't ready to start exploring the possibility just yet. As a well-known game maker such as "Super Mario" (Super Mario) and "The Legend of Zelda" (The Legend of Zelda), Nintendo does not pursue trends. Furukawa said that Nintendo needs to find its own metaverse strategy.

Furukawa said, "It is difficult to define what surprises and fun Metaverse can bring to customers. As a company that advocates entertainment, we have to think about how to provide fresh surprises and fun."He continued, "If we could find a way to communicate our 'Nintendo Approach' to many people in an accessible way, we might consider something. But we don't think that's the case at the moment."。