Play-to-earn games are the reason ‘real’ gamers hate crypto: Atari founder

The reason for this is clear, states Atari founder Nolan Bushnell, it all started with the outrageous increase of play-to-earn games. Speaking to Cointelegraph in a wide-ranging interview, Nolan Bushnell– known as the “godfather of video games”– shared his numerous viewpoints on the existing gaming landscape and the role blockchain innovation will play in the sector moving forward.While it might be seen as outlandish if somebody stated that they had “invented video games”– for Nolan Bushnell, this was simply a part of his long profession, consisting of founding the video gaming system Atari, and the American dining chain Chuck E. Cheese. Source: WikipediaBushnell believes the future of Web3 video gaming depends on a significant shift away from play-to-earn characteristics and a restored focus on building convincing virtual worlds through the usage of virtual reality (VR) and enhanced truth (AR) technology.The mass adoption of these new worlds, Bushnell describes, will be totally reliant upon the human requirement for socialization as well as a permanent sense of “place and time” in the new economy of virtual worlds.

The first and most essential value proposal Bushnell says is the capability to transfer seamlessly and securely. Smart agreements do not just have worth in games however in all human interactions, due to the fact that so much of what we do in life is develop relationships and then set the terms of those relationships.” The 3rd key location is the capability to securely store the worth of digital properties in the kind of currencies and tokens.Related: Atari creator, Animoca sees Web3 video games as important for virtual ownership and education First introduced to cryptocurrency by Tether co-founder Brock Pierce, when Bitcoin (BTC) was hovering around the price of $50– Bushnell said he didnt take too much notice of crypto at first.However, he like numerous others changed their minds when the cost of Bitcoin began to surge, and unexpectedly Bushnell realized that there may be something more going on in the world of blockchain.

The reason for this is clear, states Atari founder Nolan Bushnell, it all began with the ridiculous rise of play-to-earn games. Speaking to Cointelegraph in an extensive interview, Nolan Bushnell– understood as the “godfather of video games”– shared his many viewpoints on the present video gaming landscape and the function blockchain technology will play in the sector moving forward.While it could be seen as extravagant if somebody said that they had “created video games”– for Nolan Bushnell, this was just a part of his long career, including establishing the gaming system Atari, and the American dining chain Chuck E. Cheese. Source: WikipediaBushnell believes the future of Web3 gaming depends on a significant shift away from play-to-earn dynamics and a renewed focus on building convincing virtual worlds through the usage of virtual truth (VR) and enhanced reality (AR) technology.The mass adoption of these new worlds, Bushnell explains, will be entirely dependent upon the human need for socializing as well as an irreversible sense of “location and time” in the new economy of virtual worlds.” The 3rd essential area is the capability to firmly keep the value of digital properties in the kind of currencies and tokens.Related: Atari creator, Animoca sees Web3 games as essential for virtual ownership and education First introduced to cryptocurrency by Tether co-founder Brock Pierce, when Bitcoin (BTC) was hovering around the price of $50– Bushnell said he didnt take too much notice of crypto at first.However, he like lots of others altered their minds when the rate of Bitcoin began to surge, and suddenly Bushnell understood that there might be something more going on in the world of blockchain.

Other Questions People Ask

Why do play-to-earn games contribute to the dislike of crypto among 'real' gamers according to Atari founder Nolan Bushnell?

Nolan Bushnell argues that the rise of play-to-earn games has created a divide between traditional gamers and those involved in cryptocurrency. He believes that these games prioritize financial gain over immersive gameplay, which frustrates 'real' gamers who value the artistry and experience of gaming. This shift in focus can lead to a perception that crypto is undermining the core values of gaming.

What does Nolan Bushnell suggest is the future of gaming beyond play-to-earn models?

Bushnell envisions a future where gaming moves away from play-to-earn dynamics and instead emphasizes the creation of engaging virtual worlds using VR and AR technologies. He believes that the success of these new gaming experiences will depend on our innate desire for social interaction and a sense of belonging in virtual spaces. This shift could redefine how players engage with games and each other.

How does Nolan Bushnell view the role of blockchain technology in the gaming industry?

According to Bushnell, blockchain technology has the potential to revolutionize the gaming industry by enabling secure transactions and ownership of digital assets. He highlights the importance of smart contracts in establishing relationships and terms within games, which can enhance player experiences. This technological integration could lead to a more trustworthy environment for gamers, fostering deeper connections with their virtual worlds.

What was Nolan Bushnell's initial reaction to cryptocurrency and how did it change?

What key factors does Nolan Bushnell believe will drive the adoption of new virtual worlds? Bushnell emphasizes that the mass adoption of new virtual worlds will hinge on two main factors: the human need for socialization and a consistent sense of "place and time." He argues that these elements are crucial for creating compelling experiences that resonate with players. Additionally, securely storing the value of digital assets will be essential for fostering trust and encouraging participation in these new environments.