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Earn money by promoting products ✌️【Self-Scheduling】✌️Invest ₹500 in blockchain and watch your profits multiply monthly.Sega, once a championing voice for GameFi and blockchain-based games, is now quitting the sector, according to a Bloomberg report.Speaking with Bloomberg, Sega’s co-Chief Operating Officer, Shuji Utsumi, said that the gaming giant is now apprehensive about the technology and will be canceling plans to develop its own blockchain games.“We’re looking into whether this technology is really going to take off in this industry, after all,” Utsumi told Bloomberg in an interview.

“The action in play-to-earn games is boring.

Earn money by promoting products ✌️【Self-Scheduling】✌️Invest ₹500 and watch your wealth grow with cutting-edge investment strategies.What’s the point if games are no fun?”The Japanese firm had previously announced that it would withhold some of its best-known games and IP from blockchain.

However, it still intends to allow third-party developers to produce blockchain games.Last year it announcedthat it had signed a deal with a development house called Double Jump Tokyo to develop blockchain games based on its lesser-known IP.The company had always been cautious about the allure of blockchain gaming.

Earn money by promoting products ✌️【Self-Scheduling】✌️Unlock the power of smart investing with just ₹500. Watch your profits grow!When it first announced that it was entering the field, it prefaced its entry by saying it would withdraw if “it is perceived as simple money-making.”Sega is an investor in Asia-based crypto fund IVC, which is an active investor in GameFi projects.

Earn money by promoting products ✌️【Self-Scheduling】✌️Invest ₹500 in blockchain and watch your profits multiply monthly.Anumber of Sega executives were presentat IVC’s recent IVS crypto conference in Kyoto, Japan.Sam Reynolds is a senior reporter based in Taipei.

Earn money by promoting products ✌️【Self-Scheduling】✌️Start small, grow big. Invest ₹500 and enjoy high returns every month!Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse.

Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.Earn money by promoting products Top Performing Funds with Up to 100% Monthly Returns