Crypto exchange FTX is launching a gaming unit to drive token adoption

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Crypto exchange FTX is launching a gaming unit to drive token adoption
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Gamers have voiced skepticism over blockchain-based products

after fan backlash, which has largely sprung from opposition to new forms premium downloadable content that are seen as offering little extra value to players. Other blockchain critics point out that there are already many established markets for the trade of in-game items, making the value proposition of cryptocurrency tie-ins unclear.

“I think the backlash is primarily out of concern that the focus on cryptocurrency will divert the efforts of game studios away from making the best game possible for the players,” Harrison said in an email. “We believe that blockchain technology takes features of games that already exist, such as in-game avatars, skins, and rewards, and makes it possible for players to own, invest, and trade these items outside of the game.

For the FTX exchange, the attempt to build collaborations with game developers is another prong of its incursion into the cultural space. The company was behind the recent launch of an NFT marketplace for the Coachella festival, where photographs, posters and

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