Game developers arent so hot on NFTs, the metaverse, or huge acquisitions

Ahead of the Game Developers Conference in March, the organizers of the event have released its annual State of the Industry survey results. Surveying 2,300 respondents, the questionnaire covered developer sentiment on a wide range of topics, including NFTs, unionization, the metaverse, and more.

As overall sentiment on NFTs cools amid continuous stories of fraud and scandal, the GDC survey reports only 23 percent of developers say that their studios are interested in Web3 technology — a slight decline from 27 percent last year. There does seem to be a marked decrease in NFTs and crypto in video games, as anytime a studio announces a Web3-based project, consumer backlash usually causes it to reverse course. Of the 2,300 respondents to...

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