Xbox boss keen on Metaverse but 'cautious' about play-to-earn games

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Gamers may not 'get' the hype around the Metaverse because they've already been playing in them for the last 30 years, argues Xbox boss Phil Spencer.

Phil Spencer, the head of Microsoft’s gaming company Xbox is optimistic about the Metaverse but remains “cautious” about play-to-earn crypto games due to its economic and speculative aspects.that while many gamers are not yet sold on the current concept of a Metaverse, according to his definition, they have essentially been playing in Metaverse worlds for decades:

In Spencer’s view, the Metaverse is essentially a “3D shared world” in which people can freely communicate with each other and engage in shared experiences and common purposes.

 

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I don't play games and don't understand the hype around the Metaverse because for me nothing new.

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