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Electronic Arts logo displayed on a phone screen and a keyboard in Krakow, Poland on May 30, 2021. Photo: Jakub Porzycki/NurPhoto via Getty Images

EA CEO Andrew Wilson said in yesterday's company call with investors that NFT-based gaming is "an important part of the future of our industry."

Why it matters: NFT gaming companies are announcing massive investments by the day, even as game makers and players are grappling with what NFT gaming can even be — and whether it's even appealing to anyone outside the crypto crowd.

  • "I think the play-to-earn or NFT conversation is still really, really early," Wilson said. "There's a lot of conversation and at some level a lot of hype about it."
  • Wilson said companies are still trying to figure out how this kind of gaming would work, but mentioned elsewhere in the call that "FIFA" players, at least, were interested in NFTs.

Between the lines: NFT games often involve the option for players to own characters or virtual land, then try to accrue real value for them before selling to other players.

  • No mainstream gaming company offers NFT-related games, though Ubisoft has invested in the sector and seems bullish.
  • Leading PC marketplace Valve has banned NFT games, and some players and game makers say the very concept violates basic principles of skill, not wealth enabling a player to succeed in a game.
  • Take Two CEO Strauss Zelnick told GamesIndustry.biz that he's a big believer in digital collectibles, though cautioned that NFTs need to have legit value and not just be speculative. (Worth noting: The outlet he was speaking to has pulled back on NFT and blockchain coverage due to the technology's environmental impact.)

What's next: Expect to keep hearing about major investments in NFT gaming.

  • Just this morning NFT and blockchain gaming company Mythical announced $150 million in new funding led by Andreessen Horowitz.

Go deeper

New York game state

Photo: Fabian Sommer/picture alliance via Getty Images

New York City's game development scene is steadily growing, especially in the indie sector.

Driving the news: According to a new study from the Mayor's Office of Media and Entertainment, New York "serves as an incubator" for the growth of creative game communities.

Updated 16 mins ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: Coronavirus variant surveillance varies widely by state — Omicron cases confirmed in 5 U.S. states America probably won't lead the effort to understand Omicron.
  2. Vaccines: Omicron adds urgency to vaccinating world — Omicron fuels the case for COVID boosters — Moderna loses patent battles tied to COVID vaccine — Pfizer could have vaccine data for children under five by end of 2021, CEO says.
  3. Politics: Nevada to impose insurance surcharge on unvaccinated state workers — New Jersey GOP lawmakers defy statehouse COVID policy — Oklahoma sues Biden administration over Pentagon vaccine mandate — Omicron travel bans are sign of what's to come.
  4. World: WHO: Delta health measures help fight Omicron — COVID cases surge in South Africa in sign Omicron wave is coming — Germany approves new restrictions for unvaccinated people.
  5. Variant tracker: Where different strains are spreading.
Updated 5 hours ago - Politics & Policy

Prosecutors charge parents of Michigan school shooting suspect

Photo: Scott Olson/Getty Images

The parents of a 15-year-old accused of killing four students and wounding seven other people at a Michigan high school have been charged with four counts of involuntary manslaughter, according to court documents.

The latest: Lawyers for James and Jennifer Crumbley told the Detroit News they are "returning to the area to be arraigned," after law enforcement officials announced a search for the Crumbleys had been initiated.