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"Bobby Kotick's decisions made our games worse," says former Call of Duty dev
(www.eurogamer.net)
this post was submitted on 01 Jan 2024
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I always thought that Gamestop should have pivoted incredibly hard and used all that extra money to buy a game developer company. If enough shares are in household hands you can still do cool stuff.
That would have been pretty cool. I kinda expected they'd just take some cash and go into publishing. Maybe do a gamefly online launcher for used titles by staking real physical copies.
Instead they seem to be wasting it on NFT and WEB3 gaming... IDK seems like a bad strategy.
Don't worry, NFT is sliding, it'll eventually die off. A lot of game designers are bored and looking for a new hammer. The same guys that have been looking for nails with blockchain on 'em for a decade. You know, I get it, it's a whole economy and payments system with no fees in what looks like a clean bundle. Problem is it's not as shiny as it looks when you start digging in to it and they're all finding that out.
I haven't looked at their Financials lately, but I was just worried they blew their resurrection gift from retail on a bunch of NFT drifters. It's been a while and I haven't seen anything come to fruition.