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Xbox head Phil Spencer is skeptical about NFTs in video games By Cointelegraph




Phil Spencer, Microsoft’s head of gaming, commented on his skepticism towards nonfungible tokens, or NFTs, in an interview with Axios:

As head executive of Microsoft (NASDAQ:)’s Xbox division, Spencer’s words carry weight. Xbox, a game console operating system with the second-largest global market share, is ranked only bee PlayStation. This gives Xbox a lot of power over the acceptance or rejection of NFT projects into the gaming ecosystem.

What console wars? PlayStation has diverted from the pack to lead in global market share. Source: Statcounter