Square Enix to support NFT, blockchain and metaverse in 2022

Because Final Fantasy Square Enix publishers, metaverse, NFTs, blockchain games, and digital token-based economies are all “here to survive,” according to president Yosuke Matsuda. In company Happy New Year letter, Matsuda has shown support for those emerging technologies, and they could be one of the company’s areas of investment this year.

Square Enix has been keeping a close eye on blockchain technologies as they continue to evolve over time. Matsuda said he considers 2021 not only ‘Metaverse: Year One’ but also ‘NFTs: Year One’ because that is the year when the NFTs are met with so much enthusiasm. ”

He acknowledged that this year there has been some “too hot trading” for the NFT with a “speculative tone”, but believes this will be resolved over time as NFTs “become more common in general public.”

Matsuda’s belief that NFTs will become increasingly popular in 2022 is an optimistic statement expressing interest in NFTs and their relationship to the game. He also said Square Enix has been “active” in its own research and development in the areas of AI, cloud and blockchain technology.

According to Matsuda, blockchain games are in the “development phase.” He mentioned the importance of blockchain-based tokens to such games, and considered gaming for money as a kind of “diversification” in the game.

For Square Enix, the concept of a token economy with “clear incentives” is key to implementing any kind of blockchain game. Matsuda believes that players and modders who create new content for the game can be rewarded with digital tokens.

“By designing viable token economies into our games, we will enable self-sustaining game growth. It is this kind of ecosystem that lies at the heart of what I call “decentralized gaming” and I hope that this becomes a major trend in gaming in the future,” said Matsuda.

However, Matsuda isn’t the only exec at Square Enix who has an interest in NFT and the metaverse. Final Fantasy 7 remake producer Yoshinori Kitase recently expressed interest in seeing how “new technologies like NFT and metaverse will enter the gaming world,” in an interview with InputMag.

Moving into 2022, Square Enix joins the growing chorus of AAA game publishers like Electronic art and Ubisoft who have expressed great support for the blockchain game. Maybe we will see an ENIX token in the future.

https://dotesports.com/business/news/square-enix-to-support-nfts-blockchain-and-the-metaverse-in-2022 Square Enix to support NFT, blockchain and metaverse in 2022

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