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TEXXR

Chronicles

The story behind the story

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Game publishers' plans to add NFTs to games have sparked a fierce backlash from gamers, who have long resented the growing number of micro transactions in games

Game publishers are offering NFTs, but skeptical gamers smell a moneymaking scheme and are fighting back.

New York Times

Context & Ripple Effects

In early 2021, millions of dollars of in-game “land” was trading as NFTs, which is what drew publishers like EA, Ubisoft, and Zynga toward crypto plans in the first place. But by January 2022, when this story ran, gamers were already treating NFTs not as a new feature but as an extension of the microtransactions they had long resented — Platformer's reporting framed it as crypto facing a gamer-specific backlash, unlike music fans who buy NFTs as souvenirs.

The resistance ran deeper than the player base: VICE reported internal turmoil at EA, Zynga, and Ubisoft over executive-level crypto pushes. Within a year, that combination of consumer revolt and staff disapproval produced the outcome Bloomberg described — gamers largely succeeded in rejecting industry NFT efforts — culminating in Polygon's account of a disastrous 2022 for NFT-based games.

First-order effects

  • Publishers like EA, Ubisoft, and Zynga face immediate pressure to shelve or quietly drop announced NFT projects, since the backlash targets the executives behind them while their own developers disapprove.
  • Gamers convert resentment over microtransactions into organized rejection of NFTs specifically, making any publisher that ships one a lightning rod.

Second-order effects

  • Competing publishers can differentiate by publicly committing to no-NFT games, turning consumer trust into a marketing asset against rivals still pursuing crypto.
  • The speculative market for in-game NFT assets — the land sales that kicked off the wave — loses its mainstream on-ramp as publishers retreat, shrinking demand beyond the niche community Polygon describes.

Third-order effects

  • If the pattern holds, monetization innovation in gaming stays constrained to models players have already accepted (pay-to-play, paid digital items), with publishers learning that extraction perceived as new gets punished even when functionally similar to existing microtransactions.
  • The episode sets a template for other entertainment industries: audiences distinguish between collectibles they choose (music souvenirs) and monetization imposed mid-experience, shaping where NFT adoption survives at all.

The trend: Gaming is becoming the first major entertainment category where consumer backlash has visibly reversed an NFT adoption push, forcing publishers back to pre-crypto monetization models.

Discussion

  • @jimsterling Commander Stephanie Sterling on x
    The Facebook ads I get for mobile games are never not wild as fuck.
  • @nytimesbusiness @nytimesbusiness on x
    Crypto mania has been at a fever pitch. But to some, it has gone too far, too fast. https://www.nytimes.com/...
  • @battlehork James on x
    Between fucking up the graphics card market and this whole thing smacking of micro transactions, why WOULDN'T gamers hate NFTs https://twitter.com/...
  • @futterish Mike Futter on x
    It's true. The gold rush is just revealing a lot of iron pyrite. Game consumers are strongly against this after decades of increasingly abusive monetization. Loot boxes have steeled the community against things like NFTs. https://twitter.com/...
  • @nytimes @nytimes on x
    Gaming communities are more unhappy with the crypto craze than perhaps anyone else. Many players say studios adding NFTs to their games are simply making blatant cash grabs. https://www.nytimes.com/...
  • @elitanjourno Eli Tan on x
    Anyone that thinks gaming NFTs are a cash grab should take a serious look at how publishers already make money off digital assets. There's a reason Valve and Epic Games are leading the charge against this. https://twitter.com/...
  • @mikeisaac @mikeisaac on x
    as billions pour into global crypto investment, there's one group of folks who arent as enthusiastic about NFTs everywhere: GAMERS the pushback against big studios diving into blockchain stuff is here, and customers aren't happy w/ @Kellen_Browning https://www.nytimes.com/...
  • @rosesilicon Pizza Delivery Irida on x
    “Angry gamers” implies this is just another Pokémon tree moment when in reality NFTs are far worse than any video game controversy. https://twitter.com/...
  • @kellen_browning Kellen Browning on x
    I've never seen gamers more united on something than their hatred for NFTs. ⁦@MikeIsaac⁩ and I wrote about the backlash to gaming companies' blockchain plans. https://www.nytimes.com/...
  • @ericliptonnyt Eric Lipton on x
    Crypto Enthusiasts Meet Their Match: Angry Gamers. Game publishers are offering NFTs, but skeptical gamers smell a moneymaking scheme and are fighting back. @MikeIsaac @Kellen_Browning https://www.nytimes.com/...
  • @merrittk Merritt K on x
    I'm quoted in this NYT piece on NFTs basically saying that gaming is the single worst place you could try to introduce “innovative” new monetization schemes in 2022 https://www.nytimes.com/...
  • @sarthakgh @sarthakgh on x
    “I just hate that they keep finding ways to nickel-and-dime us in whatever way they can. I don't see anywhere mentioning how that benefits the gamer, how that improves gameplay. It's always about, ‘How can I make money off this?’” Gaming is a popular use case per investors https:…
  • @bradneuberg Brad Neuberg on x
    I predict NFTs in games will be hated as much as lootboxes, dooming the concept. https://twitter.com/...
  • @eric_seufert Eric Seufert on x
    In the majority of P2E and NFT-centric game pitches I see, either (1) the founding team mostly comes from the crypto space & has very little gaming experience or (2) crypto was obviously bolted onto the game economy superficially. This explains (some of) the antipathy from gamers…