You’ll get less money for your Xbox, but it’s also much less hassle and the whole process is a great deal quicker. If you don’t want the hassle of having to write your own listing, then there are numerous services out there that will buy your console at a predetermined price. When crafting your listing be sure to include all relevant keywords in the headline and a nice detailed description that includes any wear and tear the console has experienced over the course of its lifetime. There’s also no option to sell your console as an auction, but if you want to get an idea of how much your hardware is worth then check out recently sold listings on eBay to see what other buyers have been willing to pay. It remains to be seen whether or not Xbox and Phil Spencer come up with NFT games that don't feel exploitative to the Xbox ecosystem.However, the downside of eBay is that you’ll have to pay a fee based on what you end up selling your console for.Ĭraigslist and Gumtree (UK-only) meanwhile charge no fees, but you’re also offered very little protection as a buyer. Some Twitch streamers such as Mizkif have also declined NFT sponsorships in an effort to remain honest with their audiences. The gaming industry is one of several looking to discover the true potential of NFTs, with retail outlets and Twitch streamers trying to make money off of the concept. Although Ubisoft confirmed its interest in NFT games, unlike Xbox, it's currently unclear how the publisher intends to implement them in future titles. Steam also banned NFT games from its platform back in October, preventing any new games from being added and removing the existing NFT games library. Several games, such as Apex Legends, Fortnite, and Call of Duty Warzone, are already selling cosmetic items to players that may in the future be NFTs that players own and can then sell to other gamers that see more value in the cosmetic item.Īlthough Xbox may not be interested in NFT games at this time, Ubisoft recently confirmed that it is looking into blockchain games that are similar to NFT games. Because cosmetic items already exist in games, it may be more about adding a value amount to skins, weapons, etc.
"And I can understand that early on you see a lot of things that probably are not things you want to have in your store.”Īccording to Phil Spencer, the gaming industry is still in its journey to discovering the true potential of NFTs, and developers are still figuring out how to properly implement them into games. “I don't think it necessitates that every NFT game is exploitive," stated Phil Spencer. Spencer suggested that Xbox is more interested in entertaining its player base than getting into the NFT boom too soon. Although titles such as Dead by Daylight have been criticized over NFTs, the studio behind the survival horror title has denied accusations.Īlthough Phil Spencer didn't firmly decline to Xbox delving into NFTs, apparently it's something that Xbox has looked at and doesn't see a reason to get into it too early.
Many of these games are currently pay-to-play or play-to-earn, with some requiring purchases before players can even begin the game. NFT games are also blockchain-based and players typically generate and spend cryptocurrency on available NFTs. NFTs are also known as non-fungible tokens and they are already being purchased and sold online at varying rates.
RELATED: Xbox Website Changes Design to Look Like Xbox 360 'Blades' Dashboard Spencer also confirmed that anything Xbox sees as exploitative for fans isn't welcome on its storefronts or platforms. Spencer didn't deny that Xbox was looking into NFT games, but said that implementing them into the Microsoft store may feel exploitative. Stephen Totilo from Axios recently unveiled Spencer's comments about how Xbox intends to handle NFT games now that they're emerging in the industry. During one interview, Phil Spencer spoke rather candidly about the possibilities of Xbox delving into NFT games. During the recent Xbox 20th anniversary celebrations, Phil Spencer spoke to several news outlets about the future of Xbox.