• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Xbox Boss Phil Spencer Not a Fan of ‘Exploitive’ NFTs

November 17, 2021 by Carley Garcia

A slippery slope in the industry.

As the landscape of gaming continues to morph and expand, the industry finds itself having to take increasingly massive leaps to keep up with technological advancements. One recent creation that isn’t an ‘advancement’ by any definition is NFTs, and it seems that Xbox boss Phil Spencer agrees. In an interview with Axios’s Stephen Totilo, Microsoft’s executive vice-president of gaming gave a very refreshing and reasonable response in regard to the tokens, which continue to be a hot topic among the community.

“What I’d say today on NFT, all up, is I think there’s a lot of speculation and experimentation that’s happening, and that some of the creative that I see today feels more exploitive than about entertainment. I don’t think it necessitates that every NFT game is exploitive, I just think we’re kind of in that journey of people figuring it out. I can understand that early on you see a lot of things that probably are not things you want to have in your store. “I think anything that we looked at in our storefront that we said is exploitive would be something that we would, you know, take action on. We don’t want that kind of content,” Spencer explained.

While Spencer seems to have an abundance of remaining brain cells, other major publishers have been quick to forgo what’s right in favor of what’s best for their pocketbooks. Sega, Ubisoft, Capcom, Epic, and others have announced that they will be exploring the NFT market, with some of those companies simply stating that they will be releasing them. One company that has been upfront about its aversion to NFTs is Valve, which recently blocked the sale of any titles using the technology from the Steam store.

Spencer is rightfully wary of the scammy nature of NFTs, though the Xbox boss doesn’t say the word ‘never’ when it comes to their inclusion in Xbox titles. Even still, it’s nice to see some well-deserved skepticism.

Source

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

15 NEW Free Games of 2026 You SHOULDN'T MISS

15 NEW Free Games of 2026 You SHOULDN'T MISS

20 Single Player Games You Can PLAY for UNLIMITED Hours

20 Single Player Games You Can PLAY for UNLIMITED Hours

GTA6 GAME LENGTH, WORLD SIZE & MORE

GTA6 GAME LENGTH, WORLD SIZE & MORE

GTA 6: Gameplay DETAILS WE FOUND

GTA 6: Gameplay DETAILS WE FOUND

15 Brand NEW Games Announced At Gamescom 2026

15 Brand NEW Games Announced At Gamescom 2026

Star Wars Zero Company - Before You Buy

Star Wars Zero Company - Before You Buy

20 NEW Simulation Games That CHALLENGE REAL LIFE

20 NEW Simulation Games That CHALLENGE REAL LIFE

Why I Haven't Watched THE GTA 6 GAMEPLAY LEAK

Why I Haven't Watched THE GTA 6 GAMEPLAY LEAK

10 Underrated Games From 2025 You Should Play in 2026

10 Underrated Games From 2025 You Should Play in 2026

Category: UpdatesTag: Microsoft, Xbox, Xbox One, Xbox Series X/S

Sidebar

Recent Posts

  • State Of Play Confirmed September 3, With Back-To-Back Shows From US and Japan
  • XBOX CEO Asha Sharma On Physical Vs. Digital Games: I’m Not In The Business Of Telling Players What To Love
  • Call of Duty Just Took Their Modern Warfare Vs. Cheaters To Their Front Door
  • Valve Suffers 12 TB Steam Leak – Bigger Than The Nintendo Gigaleak?
  • Nate The Hate: State Of Play Next Month Is ‘Incredibly Likely And Soon”

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme