Image: Take-Two / Rockstar Games

Take-Two CEO Strauss Zelnick is the latest big-wig in the games industry to lend support to the notion of NFTs within games – but he admits that the company is concerned with the rampant "speculation" that currently surrounds them.

Speaking to investors, Zelnick said:

We believe in rare goods, we believe in collectibles. The concern we have is that there’s a speculation going on.

We want to make sure that consumers always have a good experience every time they engage with our properties and losing money on a speculation is not a good experience, so we’re going to stay away from speculation. However, we’re highly convinced there’s an opportunity for NFTs to fit with Take-Two’s offerings in the future.

Ubisoft, Square Enix and Konami have already dabbled in NFTs in varing degrees, but Sega and EA have backtracked somewhat on their previous positive statments. Sega said it would halt its NFT plans if there was a backlash from its customers, and EA, while intially quite upbeat on the topic, has also stepped down somewhat.

Meanwhile, veteran British publisher Team17 recently abandoned plans to turn characters from its popular Worms franchise into NFTs after several of its publishing partners said they wouldn't be working with the firm again in the future.