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Gabe Newell thinks “there’s a bunch of get rich quick schemes around metaverse”

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Valve president Gabe Newell just lately spoke out in regards to the metaverse, and isn’t fully bought on the idea general.

Speaking to PC Gamer, when requested if he believes metaverse developments are pushing know-how ahead, Newell responded, “There’s a bunch of get rich quick schemes around metaverse. Most of the people who are talking about metaverse have absolutely no idea what they’re talking about, and they’ve apparently never played an MMO. They’re like, ‘Oh, you’ll have this customizable avatar.’ And it’s like, well… go into La Noscea in Final Fantasy 14 and tell me that this isn’t a solved problem from a decade ago, not some fabulous thing that you’re, you know, inventing.”

Later on, Newell apparently got here throughout as extra optimistic in regards to the metaverse, saying that he’s certain “it’ll get sorted out” finally. Though he does nonetheless suppose that some will likely be in it for the cash. “Obviously the gaming industry has been exploring these technologies for a long time,” Newell mentioned. “It will be interesting to see if anybody who’s sort of coming to the party late has much to add, rather than a desire to have a whole bunch of people give them a bunch of money for magic reasons.”

Gabe Newell. Credit: 1News/ Gabe Newell.

Last yr, Valve banned the sale of NFT video games on Steam. Age of Rust, an NFT game, on the time mentioned that they believed Steam was doing this as a result of “Steam’s point of view is that items have value and they don’t allow items that can have real-world value on their platform.”

Now, Newell has additionally spoken to Eurogamer on the subject of NFTs, together with his ideas on them. “The things that were being done were super sketchy,” Newell mentioned in reference to the NFT and blockchain video games being bought on the platform. “And there was some illegal shit that was going on behind the scenes, and you’re just like, yeah, this is bad.” Newell then went on to say that he thinks “blockchains as a technology are a great technology,” however that proper now the way in which it’s used is “pretty sketchy.”

Newell additionally touched on cryptocurrency, noting that “50 percent of the cryptocurrency paid for transactions were fraudulent.” And he additionally famous how unstable cryptocurrency is, and the way quickly it may change, including “it just wasn’t a good method. The people who are currently active in that space are not usually good actors.”

In different information, Knockout City goes free-to-play, with EA now not publishing, and developer Velan Studios now self-publishing.





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