Nearly 70% of gamers hate NFTs and consider them to be a ‘negative’ addition to online experience

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A leading platform for fandoms and online communities has revealed that more than two-thirds (69%) of gamers hate NFTs and consider them to be ‘negative’.

Following the rise of the gaming industry introducing Non-fungible tokens (NFTs) over the past few years, leading gaming platform, FandomSpot.com has surveyed 2,000 gamers from across the world to find out what they think about the new era of gaming.

Of the 69 per cent of gamers who stated in the survey that they thought NFTs in gaming are negative, it was discovered that only 12 per cent fully understood what an NFT actually is.

When why they dislike NFTs, nearly all (86%) of those gamers confirmed this was asked due to the dramatic changes they were making to the industry as they know it and half of those (51%) also stated that NFTs bring an unwanted financial element to the gaming industry.

When talking to gamers who have owned an NFT, only three per cent confirmed they have owned an NFT. When diving deeper it was discovered that only half of those still own an NFT.

Of the gamers who no longer own an NFT, two thirds (64%) stated that they thought it was a waste of time and one in 10 (10%) admitted they didn’t fully understand the concept behind the token.

Following the clear statistics that not many gamers understand NFTs, when asking people about the education around the industry, the platform found that one in 10 gamers (11%) want to learn more about NFTs but still a quarter (27%) of those agreed they don’t want them brought into mainstream gaming.

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Participants shared that they felt uncertain about how the changing monetary value of NFTs would affect gameplay and the overall gaming experience.

The study was conducted with participants who identified as self-proclaimed gamers from around the world, who were all 18 or over and were asked to give their thoughts and opinions about NFTs in gaming.

NFT Stands for ‘Non-Fungible Token’ and it means it’s a one of a kind digital good that has ownership and can be seen on the ‘blockchain’, a publicly accessible and decentralized database. In gaming, this would mean gamers would own their purchases like skins and players in sports games – amongst others – and transfer them to future installations of those games.

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Mainstream game developers are jumping on NFTs.

For example, Ubisoft, the game developer that made the Assassin’s Creed and Tom Clancy’s Rainbow Six franchise, created ‘Ubisoft Quartz’, a way to purchase in-game NFT skins.

FandomSpot.com is one of the best websites to browse fandom content for anything imaginable, from games, movies, and TV shows to anime and even old-school memorabilia.

The platform has been created to bring passionate people together to celebrate their fandoms in every possible way.

Commenting on the findings, Alyssa Celatti of FandomSpot.com, said: “As a result of the events of the past few years, gaming has been more popular than ever, as have cryptocurrencies and NFTs. With that we wanted to know a bit more about gamers’ thoughts and opinions around the growing world of crypto in the gaming space.

“We thought it was fascinating that more than two thirds of gamers said they hated NFTs, although only 12% admitted to fully understanding them.

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“I think it’s no surprise that people are wary of the things they don’t fully understand and there’s still a long way to go with NFTs in terms of education if they want to make it fully and successfully in mainstream gaming.”

The full results of the survey can be found on the fandomspot.com website here.

WARNING: Nothing in this article should be read or understood to be financial and/or investment advice. Readers should take their own financial advice from a suitably qualified independent financial adviser before making any investment decisions.

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George Holan

George Holan is chief editor at Plainsmen Post and has articles published in many notable publications in the last decade.

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