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Square Enix, the Japanese gaming giant, is preparing to announce several blockchain-based titles in 2023. As part of a now-traditional New Year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain technology, and also thought about several situations surrounding blockchain in 2022.
Blockchain technology is becoming an important part of several entertainment-based companies worldwide. Square Enix, the Japanese gaming company responsible for franchises such as Final Fantasy and Dragon Quest, revealed that it has some games using this technology prepared to be announced during 2023.
The statements come from a New Year’s letter published by Square Enix CEO Yosuke Matsuda, who considers 2022 as a year in which blockchain technology gained greater importance. Matsuda explains that last year may have been the year of consolidation for decentralized technology in gaming. He stated:
I think it’s fair to say that blockchain gained significant recognition as a field in 2022, as evidenced by ‘Web 3.0’ becoming a well-established buzzword among business people.
Matsuda acknowledges that while blockchain games were indeed at the forefront of the discussion about what makes games fun, most of that discussion was more focused on the monetization side of the technology. This is changing, as Matsuda states that the new vision considers blockchain technology merely “a means to an end.”
Even with all the problems that arose in the crypto and blockchain ecosystems in 2022, the company is pushing its blockchain-related products to market this year, with Matsuda believing that blockchain games will move to a new stage of growth in 2023. On this, he declared:
Our group has several blockchain games based on original IPs in development, some of which we announced last year, and we are making preparations that will enable us to unveil even more titles this year.
However, the executive did not provide more details about the new games that may use blockchain technology this year. The company announced the launch of NFT-powered Symbiogenesis, an interactive experience, in November.
The company’s interest in this field was revealed by Matsuda in November 2021, and the company considered a “robust entry” into this sector as part of its business strategy. Since then, Matsuda has supported the introduction of Web3 technologies as part of entertainment and gaming on several occasions, even investing in other companies in the Web3 gaming field.
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