Square Enix to Deepen Its Blockchain Efforts in 2023 – Blockchain Bitcoin News

square enix 2023 blockchain


Square Enix, the Japanese gaming big, is making ready to announce extra blockchain-based titles in 2023. As a part of a now conventional new 12 months’s letter issued by Yosuke Matsuda, CEO of the corporate, the manager introduced a few of the strikes Square Enix will make concerning blockchain tech, and likewise contemplated a number of conditions which surrounded blockchain in 2022.

Square Enix Reflects on 2022 Blockchain-Related Shortcomings

Blockchain tech is changing into an necessary a part of a number of entertainment-based corporations everywhere in the world. Square Enix, the Japanese gaming firm liable for franchises like Final Fantasy and Dragon Quest, revealed it has some video games utilizing this tech ready to be introduced throughout 2023.

The statements come from a brand new 12 months’s letter revealed by Square Enix’s CEO Yosuke Matsuda, who considers 2022 a 12 months in which blockchain tech acquired an even bigger significance. Matsuda explains that final 12 months may need been the 12 months of consolidation for decentralized tech in gaming. He said:

I feel it’s truthful to say that blockchain gained vital recognition as a area in 2022, as evidenced by ‘Web 3.0’ changing into a firmly established buzzword amongst businesspeople.

Matsuda acknowledges that, whereas blockchain gaming was certainly on the forefront of the dialogue of what makes video games enjoyable, most of this dialogue was centered extra on the monetization facet of the tech. This is altering, as Matsuda states that the brand new imaginative and prescient considers blockchain tech as simply “a means to an end.”

More Blockchain Games Incoming

Even with all the issues that arose in the crypto and blockchain ecosystems in 2022, the corporate is pushing its blockchain-related merchandise to the market this 12 months, with Matsuda believing that blockchain gaming will transition to a brand new stage of progress in 2023. On this, he declared:

Our group has a number of blockchain video games based mostly on authentic IPs underneath growth, a few of which we introduced final 12 months, and we’re enterprise preparations that can allow us to unveil much more titles this 12 months.

However, the manager didn’t supply extra particulars on the brand new video games that may be utilizing blockchain tech this 12 months. The firm did announce the launch of NFT-powered Symbiogenesis, an interactive expertise, in November.

The curiosity of the corporate in this area was revealed by Matsuda in Nov. 2021, with the corporate considering a “robust entry” into this sector as a part of its enterprise technique. Since then, Matsuda has supported the introduction of Web3 applied sciences as a part of leisure and gaming on a number of events, even investing in different corporations in the Web3 gaming area.

What do you consider Square Enix’s deal with blockchain tech? Tell us in the feedback part beneath.

Sergio Goschenko

Sergio is a cryptocurrency journalist based mostly in Venezuela. He describes himself as late to the sport, coming into the cryptosphere when the worth rise occurred throughout December 2017. Having a pc engineering background, residing in Venezuela, and being impacted by the cryptocurrency increase at a social stage, he provides a special perspective about crypto success and the way it helps the unbanked and underserved.

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