New Year’s letter from Square Enix President Yosuke Matsuda expressing his enthusiasm for the future of NFTs (Non-Fungible Tokens) and blockchain gaming. Clearly, Square Enix has its eye on Square Enix stock because, in an interview with Yahoo Japan, Square Enix’s president reaffirmed his desire for the company to make games on the blockchain. Square Enix began 2022 with a letter from company president Yosuke Matsuda announcing that Square Enix is interested in exploring a number of new and controversial online technologies, with many new and controversial online technologies coming up.
Matsuda was interviewed by Yahoo Japan on April 15 (translated by VGC), where he confirmed Square Enix’s plans to introduce non-fungible tokens (NFTs), blockchain technology, and game mechanics in future games. In an interview with Yahoo Japan, Square Enix President Yosuke Matsuda reiterated his desire for Square Enix to include blockchain in Square Enix games, although he admitted that he is not interested in anything related to blockchain and NFTs. There is widespread opposition to everything, but he mentioned it earlier this year.
The interest of the presidents of Square Enix in publishing games on the blockchain is to support the new “play to earn” gaming model, where players can be rewarded for creating content for games. Instead, Yosuke Matsuda tells us that blockchain-enabled games can enable self-sustaining growth by promoting a “play to earn” model. Matsuda hopes that this rise of the self-sufficient game and “decentralized game” will become a major trend.
We’ll have to wait for Yosuke Matsuda’s future announcements and which games will include this technology. Matsuda hopes this influence will make Square Enix’s content and services more accessible everywhere, and Square Enix will make significant investments in the cloud space. It was followed by a letter released by Matsuda earlier this year, in which he highlighted a growing number of players who he said wanted to remain involved in the development of the game. Fan reaction to the announcement was immediate, like any game company that pitched the idea to players about the possibility of an NFT in the future. Also earlier this week Blizzard declined the floating rumors of their plans of going forward with an NFT game.
Blockchain technology and the prospects opened up by blockchain technology are of interest to an increasing number of gaming companies. There will no doubt be more discussion and debate this year as game companies continue to implement or denounce this technology.
