Sega has enrolled a trademark in Japan for the term ‘Sega NFT’

Sega has enlisted a trademark name for the term “Sega NFT” in Japan. The new trademark filing published today by the Japan Patent Office was applied for in late December 2021 and incorporates the Sega NFT logo.

As spotted by VGC, Sega has registered a trademark name in Japan for “Sega NFT”. This complete with a new logo shows that the company has truth be told put quite some effort into planning its expansion into the controversial practice. This comes seven days after a representative said that the studio would give them a miss if they appeared to be “simple money-making”, not adding anything positive to its games.

Similarly, as with any trend that is pretty bad for the gaming industry, the big studios are making a fool of themselves to get on the bandwagon. NFTs are everywhere – an attempt as you might, you can’t escape them. Ubisoft, Square Enix, GameStop, and starting today, Troy Baker have all thrown their hats into the ring.

Initially, Sega looked to be substantially more uneasy about reaching out and was really paying attention to the predominantly negative feedback on social media. Presently, notwithstanding, we realize that isn’t probably going to be the situation.

Sega showed last year that it intended to start selling NFTs through a Japanese social media post. Notwithstanding, last week its CEO Haruki Satomi seemed to have cooled on the thought to some degree, recognizing the current negativity around the NFT scene.

The new trademark name could recommend that it intends to move ahead with its NFT plans gauging to checking any response from the community.

During a new management meeting, Satomi demonstrated Sega would stroll back on plans to make NFTs assuming they were seen as a “simple money-making” scheme, rather than something that can captivate clients.

“In terms of NFT, we would like to try out various experiments and we have already started many different studies and considerations but nothing is decided at this point regarding P2E,” he said.

“There have been many announcements about this already including overseas but there are users who show negative reactions at this point.

“We need to carefully assess many things such as how we can mitigate the negative elements, how much we can introduce this within the Japanese regulation, what will be accepted and what will not be by the users.

“Then, we will consider this further if this leads to our mission ‘Constantly Creating, Forever Captivating’, but if it is perceived as simple money-making, I would like to make a decision not to proceed.”

Many game organizations have as of now begun selling computerized things as NFTs, like Ubisoft and Konami, while others including Square Enix have communicated excitement for the tech trend.

Recently, Konami declared that it would unload a “Konami Memorial NFT collection”, including 14 special works of art from the Castlevania series, praising its 35th anniversary.

Beforehand, in a New Year letter published during the holiday break, Square Enix president Yosuke Matsuda focused on making blockchain and NFT games a piece of its games portfolio.

Matsuda’s remarks were condemned by certain sides of the games industry. Nonetheless, they seem to have gone down well with the market.

The trademark application was advanced in December 2021, weeks before the organization claimed that it was checking criticism before settling on a decision. This gives us two prospects: either the new statement wasn’t the most honest one in the world, or Sega is just laying the preparation if it chooses to proceed with the plans.

In any case, assuming the last option case is valid, it’s impossible that it will track down numerous positive occurrences of NFT execution in games.

Up to this point, NFT games have either must be rejected or brought down over legitimate worries. The main important exemption for this has been Ubisoft Quartz, which saw playable “digits” added to Ghost Recon Breakpoint – likely stirring up a lot of rage for players. The declaration trailer right now sits at 1.7k preferences, against 43k aversions (thank you, Return YouTube Dislike Chrome augmentation).