Xbox Chef Phil Spencer has voted on non-fungible token (NFT).
In an interview with Axis, the head of the Xbox division at Microsoft said that he is regarding NFT today as exploitative, as entertaining. You are currently in a phase in which people would find out. Basically, he does not hold NFT for exploitative.
He also said that they would take action if they would see them in this form in their own store frowns. You do not want such content.
What I would say about the NFT today is that I think there is a lot of speculation and experiments, and that some of the creative work I see today are more exploitative than entertaining.
I do not think every NFT game is inevitably exploitative. I just think that we are in a phase in which people find out. I think everything we see in our Storefront, what we consider as exploiter, something we would take action. We do not want this kind of content.
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