- Despite the boom in Play-To-Earn games, Xbox execs are currently more interested in the metaverse.
- One possible idea is for Microsoft to create its own metaverse and thus connect gamers from all over the world.
Like the world of cryptocurrencies, the world of video game consoles has many variants and alternatives, but if two have to be singled out, as is the case with Bitcoin or Ethereum, there are PlayStation and Xbox. The second spoke about the world of digital assets and left some conclusions.
According to the medium Bitcoinist, Xbox execs are currently more interested in the metaverse than Play-to-Earn (P2E) category that was one of the booms during the bull rally, while the crypto winter hit it hard. Axie Infinity, which recently released Season 0, is one such case.
Faced with the explosion of P2E, many began to question whether large companies would start paying users. This, which emerged as an idea, is far from being a reality, it is not even a topic of conversation in companies. Although it wouldn’t be crazy to imagine that one earns real money by winning FIFA or Madden matches online, would it?
Microsoft sets position on P2E
The head of the Microsoft gaming company, Phil Spencer, assured that the Play-to-Earn are only played to accumulate cryptocurrencies and considered that most of them are quite “insignificant”. Spencer was “cautious about these games because they are channeled to boost their economies.”
Beyond your previous words, Spencer also considered that these can be “very valuable” in certain areas. Although he did not delve into this line, he has surely stated that in many underdeveloped countries there were families that managed to survive thanks to fashionable video games.
The metaverse, which is life in the virtual world, is what most attracts Spencer today. In this there are also video games, such is the case of Decentraland and The Sandbox. One possible idea is for Microsoft to create its own metaverse and thus connect gamers from all over the world.
“The metaverse world creates a 3D space for users to freely interact and communicate their different experiences. In addition, the platform is already pre-designed with some avatars for users. Thus, they will not need much knowledge about the system to operate in it”Spencer revealed.
Spencer’s approval of the metaverse is in line with what was previously communicated by Satya Nadella, CEO of Microsoft. She had also been expectant about it and revealed that there is still a lot of room for improvement.
These opinions collide with what was thought by the billionaire Mark Cuban, a faithful follower of cryptocurrencies. The owner of the Dallas Mavericks, an NBA franchise, said that investing in virtual properties in the metaverse is “the dumbest investment ever known.” From his point of view, these are useless. Not everyone thinks the same: Lacoste opened its own virtual store, for example.
What is the best selling console in the world?
Bitcoin Mexico presented PlayStation and Xbox as the great video game consoles, but currently the one that leads the market is Nintendo Switch. According to the report made by VGChartz, accumulates $111.78 million of equipment sold, being much higher than the last generation consoles of the aforementioned brands. The PS5 adds $22.48 million units against $16.56M for the Xbox Series X/S.
The best-selling console of all time is the PlayStation 2, with a global record of $158.7M. The top 5 is completed by: Nintendo DS ($154.02M), Nintendo DS ($154.02M), GameBoy ($118.69), PlayStation 4 ($116.99M) and the aforementioned Nintendo Switch.