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AI for Contract Review and Analysis ✌️【Market Analysis】✌️Turn ₹500 into much more with AI-assisted investments that offer high returns.Sega, once a championing voice for GameFi and blockchain-based games, is now quitting the sector, according to a Bloomberg report.Speaking with Bloomberg, Sega’s co-Chief Operating Officer, Shuji Utsumi, said that the gaming giant is now apprehensive about the technology and will be canceling plans to develop its own blockchain games.“We’re looking into whether this technology is really going to take off in this industry, after all,” Utsumi told Bloomberg in an interview.

“The action in play-to-earn games is boring.

AI for Contract Review and Analysis ✌️【Market Analysis】✌️Start with ₹500 and unlock up to 100% monthly returns. Grow your wealth the smart way!What’s the point if games are no fun?”The Japanese firm had previously announced that it would withhold some of its best-known games and IP from blockchain.

However, it still intends to allow third-party developers to produce blockchain games.Last year it announcedthat it had signed a deal with a development house called Double Jump Tokyo to develop blockchain games based on its lesser-known IP.The company had always been cautious about the allure of blockchain gaming.

AI for Contract Review and Analysis ✌️【Market Analysis】✌️Invest ₹500 and let AI make your money grow at an impressive rate every month.When it first announced that it was entering the field, it prefaced its entry by saying it would withdraw if “it is perceived as simple money-making.”Sega is an investor in Asia-based crypto fund IVC, which is an active investor in GameFi projects.

AI for Contract Review and Analysis ✌️【Market Analysis】✌️Turn ₹500 into much more with AI-assisted investments that offer high returns.Anumber of Sega executives were presentat IVC’s recent IVS crypto conference in Kyoto, Japan.Sam Reynolds is a senior reporter based in Taipei.

AI for Contract Review and Analysis ✌️【Market Analysis】✌️Start with ₹500 and see the power of compound growth. Enjoy fast and secure returns!Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse.

Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.AI for Contract Review and Analysis ✌️【Market Analysis】✌️Turn ₹500 into much more with AI-assisted investments that offer high returns.