2023-01-05
Square Enix, the creator of the Final Fantasy game, has revealed that it will double the development of blockchain games, despite the turbulent crypto market, according to a Jan. 1 letter from Japanese company president Yosuke Matsuda.
The letter, titled "New Year's Letter from the President," aims to summarize the company's key achievements in 2022 and explain its plans for 2023, of which 15 paragraphs, seven of which are about blockchain games, demonstrating that blockchain games are the main focus of the company's investment strategy in the next phase.
ref. SQUARE ENIX I HAPPY HOLIDAYS - YouTube
Matsuda said "blockchain entertainment" will be his team's top investment in the medium term, where they have devoted "proactive investments and business development efforts."
He added that any technology can be overcome. The "social trend" will gradually become part of people's lives and eventually create new businesses and growth.
"After the excitement that surrounds NFTs and metaverse in 2021, later 2022 is a year of tremendous volatility in blockchain-related areas."
"However, if this proves that it is a step in the process that leads to the creation of more transparent rules and business environments, it will certainly be positive for the growth of blockchain entertainment." He said.
The last capping off the letter by hinting that Square Enix has several blockchain games under development and will announce more during 2023.
Before this project will be launched, Square Enix Holdings Co., Ltd. is a Japanese company behind several hot hit games including Final Fantasy, Dragon Quest, Star Ocean, and Kingdom Hearts role-playing video game franchises. The game-lover community knew their name as well.
Source link: Ign X Egamers.io
Picture Credit: Obilisk