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Xbox head Phil Spencer is skeptical about NFTs in video games
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Phil Spencer, Microsoft’s head of gaming, commented on his skepticism towards nonfungible tokens, or NFTs, in an interview with Axios:
As head executive of Microsoft's Xbox division, Spencer’s words carry weight. Xbox is the game console operating system with the second-largest global market share behind only PlayStation. This gives Xbox a lot of power over the acceptance or rejection of NFT projects into the gaming ecosystem.
Spencer added that he is not completely against all NFTs, clarifying
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