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Ultimate Fantasy developer and gaming behemoth Sq. Enix has been closely criticised for its plans so as to add NFTs to its upcoming video games, however the firm’s New 12 months letter reveals that as an alternative of halting efforts, it’s “aggressively” doubling down on it.
In his annual New 12 months letter, Sq. Enix’s president and consultant director Yosuke Matsuda explains that, regardless of “a sombre string of stories tales” surrounding NFTs in 2022, the corporate continues to be ploughing money into the controversial foreign money.
“When it comes to new enterprise domains, we named three focus funding fields beneath our medium-term marketing strategy,” he states. “Amongst these, we’re most centered on blockchain leisure, to which we’ve got devoted aggressive funding and enterprise growth efforts.”
Whereas he concedes that NFTs and blockchain have been the topic of a whole lot of adverse press since their inception, he writes that Sq. Enix has been “holding a gentle eye on these environmental adjustments whereas contemplating from a higher-level perspective what Net 3.0 and blockchain leisure are literally all about.”
This “presents a unique vista than if we deal with them solely in technological or speculative funding phrases. As I stated in final yr’s New 12 months’s letter, if we think about conventional gaming to have been centralized, then blockchain gaming should function primarily based on a self-sustaining decentralized mannequin. It’s that idea, that philosophy, that I see to be key.”
With this idea in thoughts he states “our group [Square Enix] has a number of blockchain video games primarily based on unique IPs beneath growth, a few of which we introduced final yr, and we’re enterprise preparations that may allow us to unveil much more titles this yr.”
He goes on to conclude “blockchain has been an object of exhilaration and a supply of turmoil, however with that within the rear-view mirror, we hope that blockchain video games will transition to a brand new stage of development in 2023.” So, it appears to be like like we will anticipate to see NFTs and blockchain in future Sq. Enix merchandise.
Within the wake of the FTX scandal, religion in NFTs and blockchain is at an all-time low – particularly within the gaming sphere given the now-defunct firm’s affiliation with premier esports crew TSM. FTX was rendered bankrupt following a CoinDesk article that highlighted potential leverage and solvency issues surrounding Alameda Analysis, resulting in buyers dropping hundreds of thousands.
For a lot of, gaming and NFTs ought to coexist however not coincide, however regardless of issues it seems that Sq. Enix has thrown that warning to the wind.
Hopefully the video games it mentions shall be launched alongside its mainline sequence as an alternative of being made a ‘necessary’ a part of them, however solely time will inform. Should you’re inquisitive about studying the remainder of the New 12 months letter, you’ll find it right here.
Sq. Enix has created among the finest MMORPGs on the market within the type of Ultimate Fantasy XIV On-line, which is well among the finest Ultimate Fantasy video games. Should you haven’t tried it, I’d urge you to provide it a go – in spite of everything, that’s what I’ve spent just about the whole thing of the vacations taking part in.
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