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Remote podcast voiceover ✌️【365vc.net】✌️Maximize your returns with smart investments. Monthly profits of up to 100%!Sega, once a championing voice for GameFi and blockchain-based games, is now quitting the sector, according to a Bloomberg report.Speaking with Bloomberg, Sega’s co-Chief Operating Officer, Shuji Utsumi, said that the gaming giant is now apprehensive about the technology and will be canceling plans to develop its own blockchain games.“We’re looking into whether this technology is really going to take off in this industry, after all,” Utsumi told Bloomberg in an interview.

“The action in play-to-earn games is boring.

Remote podcast voiceover ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!What’s the point if games are no fun?”The Japanese firm had previously announced that it would withhold some of its best-known games and IP from blockchain.

However, it still intends to allow third-party developers to produce blockchain games.Last year it announcedthat it had signed a deal with a development house called Double Jump Tokyo to develop blockchain games based on its lesser-known IP.The company had always been cautious about the allure of blockchain gaming.

Remote podcast voiceover ✌️【365vc.net】✌️Beginner or expert? Our platform makes stock investing easy with high monthly gains. Start now!When it first announced that it was entering the field, it prefaced its entry by saying it would withdraw if “it is perceived as simple money-making.”Sega is an investor in Asia-based crypto fund IVC, which is an active investor in GameFi projects.

Remote podcast voiceover ✌️【365vc.net】✌️Maximize your returns with smart investments. Monthly profits of up to 100%!Anumber of Sega executives were presentat IVC’s recent IVS crypto conference in Kyoto, Japan.Sam Reynolds is a senior reporter based in Taipei.

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Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.Remote podcast voiceover ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!