Square Enix starts the year with a focus on blockchain games



Investing.com – Square Enix (T :), famous for its successful video games, has revealed its plans which will focus on incorporating blockchain-based games into its portfolio. In addition to getting behind blockchain games, the game publisher has indicated that it is eager to participate in emerging trends – including Metavers and NFTs.

Quatre Enix launches into decentralized games

While Square Enix has yet to announce any games that incorporate blockchain technology or NFTs, it has revealed its plans to explore this stream in 2022. “By designing viable token economies in our games, we will enable self-sustaining growth. games. It is precisely this kind of ecosystem that is at the heart of what I call “decentralized gaming”, and I hope it becomes a major trend in gaming in the future, “he said. General manager.

“If we are referring to the one-way relationship where players and game providers are linked by games that are end products as ‘centralized play’ to contrast with decentralized play, then the incorporation of decentralized games into our portfolio in addition to centralized games will be a major strategic theme for us from 2022 “, he added.

The CEO of Square Enix noted that the necessary technological infrastructure already existed, but that there was an “increase in societal culture and acceptance of crypto.”

“We will closely follow societal changes in this space while listening to the many user groups that populate it, and we will intensify our efforts to develop a business accordingly, with a view to potentially issuing our own tokens to the future, “he announced.

A commercial transition underway

While Square Enix acknowledged that those who gamble for fun have “expressed reservations” about NFTs, “there will be a number of people whose motivation is to play to contribute. Traditional games don’t have to. offered no explicit inducement to the latter group of people. “

“The metavers will likely experience a significant transition to a commercial phase in 2022, with a wide range of services appearing on the scene. As this abstract concept begins to take concrete form in the form of product and service offerings, I hopes this will lead to changes that will have a more substantial impact on our business as well, ”added the Managing Director.

Responsibility: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy / sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Source link -95