Square Enix President Hopes To Embrace Blockchain And NFTs – Niche Gamer

In an open letter revealed on New Yr’s Day, Sq. Enix President Yosuke Matsuda knowledgeable his firm’s shareholders and most of the people about his plans for the corporate’s future. He said that the corporate plans to embrace blockchain expertise and NFTs to be able to promote “self-sustaining sport progress.”

Matsuda’s reasoning behind this resolution was a perception that the present state of gaming is a one-way road. In his phrases, players “play to have enjoyable” and eat content material made by sport creators; sometimes, they supply user-generated content material on account of “inconsistent private emotions” comparable to “goodwill and volunteer spirit.”

It’s Matsuda’s perception that this mentality has brought about players to largely reject the potential of NFTs in gaming, however he attested that successfully utilizing blockchain expertise might present a extra numerous expertise for players who wish to “play to contribute” and obtain compensation for his or her efforts.

Except for sharing his optimistic ideas on the Metaverse, Matsuda didn't announce concrete plans to really add NFTs to any Sq. Enix tasks; he solely said that the corporate would “preserve an in depth eye on societal shifts on this house” whereas making extra substantial investments into AI and cloud expertise. Nevertheless, he didn’t rule out the potential of implementing blockchain expertise and/or issuing tokens sooner or later.

Matsuda’s hesitancy to embrace NFTs in gaming could also be motivated by the disappointing launch of Ubisoft Quartz, the primary try by a AAA gaming studio so as to add NFTs to their gaming ecosystem.

 » Read more from nichegamer.com