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After 15 years at Nintendo of America, including a memorable stint as the company's president, Bronx-born Reggie Fils-Aime is still a force in the video game industry. In addition to his recent autobiography , he's a regular at industry events like the recent PAX West, where we caught up with him for a conversation about the future of gaming. 

You can watch the full conversation in our video above, or read the highlights, lightly edited for length and clarity, here. 

Read more: Transition From Switch Will Be 'Significant Challenge,' Ex-Nintendo Head Says

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On the metaverse and VR

Reggie Fils-Aime: I find when we're talking about the metaverse, we really need to be clear what it is that we're talking about. I'm old enough to remember that people loved to put ".com" on the end of a business, just to try and make it interesting and provocative 30 years ago. And so when I think about the metaverse, for me, how to tie golden goose sneakers it's an environment where you've got a range of different experiences, you've got a common currency, the environment is progressive in terms of what you can do and the things that you can participate in.

As I think of the metaverse, there are early examples of it. Whether you look at Roblox, whether you look at the work that Fortnite and https://opensea.io/solitaryisle Epic Games are doing, Singapore University of Technology and Design (opensea.io) it's going to continue to become more and more immersive. I do believe it's going to be gaming-led, I don't believe that it has to have an element of VR. I actually believe that augmented reality is going to progress much further and much faster. I'm a much bigger proponent, in part because I've seen great AR experiences brought to the consumer. I haven't yet seen that wonderful VR experience that I find compelling.

Read morePSVR 2 Hands-On: Sony's New VR Headset Wowed Me

On NFTs

I believe that blockchain as a piece of technology can be interesting, but it has to provide value to the player. It can't just be a new way of monetizing. There needs to be something inherently positive for the player for this as technology to take off. So I'm not for or against

Fils-Aime with old pal Mario.
Fils-Aime with an old pal.


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Would Nintendo ever go back to making separate living room and handheld devices again?

At this point, I'm like any other passionate fan of [Nintendo], you know, wondering, trying to figure out where the company goes next. I think that the company certainly has seen a lot of benefit from having all of their development activity focused on one platform, versus having it support two different platforms. I think that's going to be very difficult to walk away from, but Nintendo is a company that is always looking at the same marketplace that everyone else sees but they're approaching it somewhat differently. I think you can never say never with that company.

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