We hope that blockchain games will transition to a new stage of growth in 2023, says Square Enix

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Square Enix has reaffirmed its dedication to blockchain games.
The firm believes blockchain games will transition to a new stage of growth in 2023.
Square Enix is the developer behind the Final Fantasy and Dragon Quest franchises.

Square Enix has religion in blockchain games

Square Enix President Yosuke Matsuda, revealed in the corporate’s annual new year’s letter for 2023, that the corporate has religion in blockchain games. He added that Square Enix is most targeted on blockchain-powered gaming amid its new enterprise improvement efforts.

Matsuda revealed that the corporate is at the moment growing varied blockchain games primarily based on authentic IP as an alternative of its current franchises. He added that Square Enix intends to announce additional games in 2023.

Square Enix can be contemplating funding alternatives in the blockchain area. Matsuda added that;

“[We] will continue to take stakes in promising businesses whether we find them in Japan or abroad.”

The president highlighted the issues the crypto and blockchain business confronted final yr, together with the collapse of the FTX cryptocurrency exchange. He added that;

“Blockchain has been an object of exhilaration and a source of turmoil. But with that in the rearview mirror, we hope that blockchain games will transition to a new stage of growth in 2023.”

Square Enix is turning into fashionable in the blockchain area

Matsuda’s feedback don’t come as a shock, as the corporate has been rising its presence in the blockchain area.

This latest cryptocurrency news comes roughly two months after Square Enix introduced its first authentic recreation constructed round Ethereum NFTs, referred to as Symbiogenesis.

The recreation is ready to launch in the Spring and is a digital collectible artwork expertise mixed with a storytelling expertise for the gamers.

The firm lately introduced that it will function a strategic advisor to Cross the Ages, a digital buying and selling card recreation constructed on Polygon. Square Enix additionally invested in Bitcoin gaming startup ZEBEDEE and the metaverse challenge The Sandbox in 2020.

In 2022, Square Enix introduced plans to launch Final Fantasy NFTs on the Efinity platform (Enjin’s Polkadot-based NFT platform).