Shuntaro Furukawa, president of Japanese video game developer Nintendo, said that the company sees the interest of shareholders, but will refrain from a direct presence in the metaverses.
Speaking at a meeting with the company’s shareholders, Shuntaro Furukawa said that he shares the concerns of investors and does not mind making deals that are beneficial for the company. However, he believes that the company’s entry into the metaverses is a hasty and ill-conceived decision.
According to Furukawa, Nintendo carefully protects its intellectual property, and providing third parties with access to licensed products of the company will not be a plus for them, since these people “do not share the philosophy of Nintendo.”
Furukawa noted that Nintendo will only consider the company’s presence in the metaverse when the virtual environment is capable of providing users with the “true joys” that the firm focuses on.
The founder of another giant of the Japanese gaming industry PlayStation Ken Kutaragi (Ken Kutaragi) also opposed the company’s entry into the metaverse, calling them nothing more than an “anonymous bulletin board” with “isolating and annoying” gadgets.
Recall that Meta is luring developers from Microsoft and Apple to closely engage in the creation of its metaverse. Last month, Meta unveiled the Research SuperCluster supercomputer to develop next-generation AI that will “set the stage” for the creation of the metaverse.
Earlier, Eric Sheridan, an analyst at the global investment bank Goldman Sachs, expressed the opinion that in terms of revenue and monetization, the metaverses can bring about $8 trillion to their creators.
Source: Bits
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