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Square Enix: Embracing Blockchain Gaming Amid Crypto Turbulence

The Bold Move into Blockchain Gaming

In a surprising yet determined move, Square Enix, the beloved creator of Final Fantasy, is all set to immerse itself further into the world of blockchain gaming, despite a rocky crypto landscape. This was revealed in a letter from the company’s president, Yosuke Matsuda, dated January 1, where he passionately discussed the company’s goals for 2023.

Investment and Innovation

Out of 15 enlightening paragraphs, seven were devoted solely to blockchain gaming, showcasing its significance within Square Enix’s future blueprint. Matsuda boldly stated that “blockchain entertainment” is the primary investment focus, reaffirming that the company is committed to aggressive investment and business development efforts in this arena.

NFTs and The Concept of Symbiogenesis

Let’s talk about Symbiogenesis – a shiny new franchise from Square Enix that rolls out the red carpet for 10,000 collectible NFT artworks. Think of it as a digital collection that speaks volumes and has real game utility! Meaning, these aren’t just pretty pixels; they have a purpose in the gaming universe. Now, if that doesn’t make you sit up and pay attention, I don’t know what will!

The Crypto Roller Coaster

Matsuda didn’t shy away from addressing the rollercoaster ride the crypto market has been on in the past couple of years. From the exhilarating heights of 2021, when NFTs and the metaverse were all the buzz, to the sharp declines and confusion that marked 2022, it’s clear that the crypto journey has been anything but static. But here’s Matsuda’s take: often, these technologies create a ruckus before settling into our everyday lives.

Future Plans: An Open Canvas

Looking ahead, Matsuda hinted that multiple blockchain games are already in development, with plans for announcements sprinkled across the year. Oh, the anticipation! Will we see a blockchain-driven Final Fantasy? A metaverse-themed collectible? Whatever the case, it seems Square Enix has decided to dive into the deep end and is swimming like a champ!

Past Moves in Blockchain

Last year was quite the expedition for Square Enix within the realm of blockchain gaming. From announcing Final Fantasy collectibles on the Enjin platform to upgrading their tech game by becoming a node validator on Oasys blockchain, the company has been on a mission. The cherry on top was a whopping investment of 7 billion yen ($52.7 million) into mobile game developer Gumi Games to bolster mobile play-to-earn titles.

Conclusion: Sticking to the Course

As we kick off 2023, it’s safe to say that Square Enix is rolling up its sleeves and doubling down on blockchain gaming, no matter the turbulence. With a vision that includes innovation through NFTs and blockchain engagement, it seems like they’re setting the stage for an unforgettable gaming experience. So, players and investors alike, keep your eyes peeled; the future is bright, albeit a bit pixelated!

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