Final Fantasy creator reveals ‘aggressive investment’ in blockchain games

Final Fantasy creator Square Enix is acceptable to treble down connected blockchain crippled improvement contempt turbulence successful the crypto market, according to a Jan. 1 missive from the Japanese company's president, Yosuke Matsuda.

The letter, titled “A New Year’s Letter from the President,” aimed to recap the company’s large accomplishments successful 2022 and explicate its plans for 2023. Out of 15 paragraphs, 7 were astir blockchain gaming, showing that blockchain gaming is simply a large absorption of the company’s investing strategy going forward.

— SYMBIOGENESIS (@symbiogenesisPR) December 21, 2022

Matsuda stated that “blockchain entertainment” is the concern tract his squad volition beryllium astir focused connected successful the mean term, to which they person devoted “aggressive concern and concern improvement efforts.”

After summarizing the ups and downs of the crypto marketplace successful 2021 and 2022, Matsuda sought to marque consciousness of its decline. He said that caller technologies often origin “confusion” but yet go accepted arsenic a mean portion of mundane life. So if determination is turmoil successful the crypto market, this shouldn’t needfully origin investors to uncertainty its potential, helium stated, adding: 

“New technologies and frameworks pb to innovation, but they besides make sizeable confusion.”

Matsuda added that immoderate exertion that is capable to thrust retired “societal tides” volition gradually go portion of people’s lives and yet springiness emergence to caller businesses and growth.

“Following the excitement and exhilaration that surrounded NFTs and the metaverse successful 2021, 2022 was a twelvemonth of large volatility successful the blockchain-related space,” helium noted.

“However, if this proves to person been a measurement successful a process that leads to the instauration of rules and a much transparent concern environment, it volition decidedly person been for the bully of the maturation of blockchain entertainment.”

— Square Enix (@SquareEnix) December 31, 2022

Matsuda finished disconnected the missive by stating that Square Enix has aggregate blockchain games nether improvement and volition beryllium announcing much implicit the people of 2023.

Related: 2023 volition spot the decease of play-to-earn gaming

Square Enix made aggregate moves successful the blockchain gaming abstraction passim 2022. In July, it announced that it would release Final Fantasy collectibles connected the Enjin platform. In September, it joined Oasys blockchain arsenic a node validator. In December, Square Enix invested 7 cardinal yen ($52.7 million) into mobile crippled developer Gumi Games, to assistance make mobile play-to-earn titles.

This caller missive implies that the institution has nary plans to dilatory down its investments successful the abstraction successful 2023, contempt the turbulence of 2022.