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Square Enix plans to invest more in blockchain gaming in 2022

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One of the world-renowned gaming companies intends to increase its footprint in the world of blockchain-based gaming this year.

Square Enix president Yusuke Matsuda spent much of his Jan. 1 letter discussing what he called “distributed games,” noting that “I hope it becomes a major trend in games ahead.”

“If we refer to the one-way relationship where game players and game providers are linked by games that are finished products as ‘centralized games’ to contrast with distributed games, then combining distributed games in our portfolio in addition to centralized games will be a major strategic issue for us starting in 2022 “, Wrote and added:

“The basic and elementary technologies to enable blockchain games already exist, and there has been an increase in social literacy and acceptance of crypto assets in recent years. We will closely monitor the social transformations in this space while listening to the many groups of users that populate it. With the intention of issuing our own tokens in the future. “

Matsuda’s letter was not exactly a complete confirmation of unchangeable tokens or NFT, as at one point he wrote that “we do see occasional examples of overheated trading in NFT-based digital products with somewhat speculative sounds, regardless of viewing. Content value Provided. “

“This is of course not an ideal situation, but I expect to eventually see the right size in digital commodity transactions as they become more common among the general public, as the value of any available content is revised to its true value, and I look for them to be recognized as good physical dealings.” Continued.

Still, this is a standout statement from gaming companies, best known for its long-running role-playing series Final Fantasy. Saturday morning coverage from the gaming press indicates that some Square Enix fans Less satisfied According to the statements, which may not be surprising given the recent negative reactions to the mainstream game makers surpassing the NFT era.

Square Enix’s first public use of NFT has occurred Last spring, When the company partnered with a blockchain startup called Double Jump Tokyo, as previously reported by Kotaku. This post also seems to have raised concerns about the direction of Square Enix.

In his letter, Matsuda admitted that NFT will continue to be controversial for some of the players in its customer base.

“I understand that some people who ‘play to have fun’ and now make up the majority of the players have expressed their reservations about these new trends, and understandably so,” he wrote. “However, I believe there will be a certain number of people whose motivation is ‘to play to contribute’, and in doing so I intend to help make the game more exciting.”

As previously reported by The Block, the blockchain gaming segment attracted significant venture capital investments this year, including Forte’s $ 750 million round of funding in November.

© 2021 The Block Crypto, Inc. All rights reserved. This article is for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial or other advice.

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