Friday, July 1

Square Enix reaffirms its interest in NFTs, the metaverse and blockchain games | Levelup

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Square Enix and some of its top creatives have made one thing clear: They have an interest in the potential applications of NFTs, the metaverse, and blockchain technology in video games.

Yosuke Matsuda, president of the company, shared a special message to celebrate the arrival of 2022 and talk about its future. The manager took the opportunity to reaffirm his interest and commitment to these technologies.

He spoke about new trends such as non-fungible tokens and the metaverse, as he believes that this year they will have significant growth and their commercial side will be even bigger. For this reason, Square Enix does not plan to turn its back on them.

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Square Enix to explore new technologies in 2022, including NFTs

Matsuda is convinced that the growth of the metaverse as a project will sooner or later impact the video game industry. This since it will go from being an abstract concept to a concrete form that will materialize in products and services of various types.

Due to this, the company will not take its eyes off this novelty or the NFTs, since it believes that they have a future if something is proposed from the correct perspective, that is, leaving aside speculation. Thus, the executive hopes that non-fungible tokens will become more common and popular with the general public.

Square Enix has always sought to be at the forefront, which is why since 2000 it has researched and developed projects that involve technologies such as artificial intelligence, blockchain, and cloud gaming.

He is currently looking to harness the potential of the cloud to distribute content and also to develop it. All this to take advantage of the 5G infrastructure and future devices. As for blockchain games, the company believes that they will become more and more popular alongside the concept of “play to win.”

Matsuda clarified that he knows that most people “play for fun” and that much of the community has not welcomed the arrival of these technologies to video games. Despite this, he thinks there will be a greater number of people whose motivation is to “play to contribute.”

By this he refers in part to “helping make the game more exciting” and to content created by the users themselves, which will lead to a wide range of motivations to play, whether it is simply to have fun, earn money or contribute. to experience.

Due to all this, Square Enix stated that it will be attentive to social changes while listening to its users. One of your 2022 goals is to take advantage of these new trends in your gaming business.

“By designing viable token economies in our games, we will enable their self-sustaining growth. It is precisely this type of ecosystem that is at the heart of what I call decentralized gaming, and I hope it will become a major trend in games in the future, “said the manager.

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We recommend you visit this link to know all the news related to NFTs. On the other hand, here you will find more information about Square Enix

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Reference-www.levelup.com

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