Square Enix’s NFT And Cryptocurrency Controversy Explained – Epicstream

To kickstart the brand new yr, Sq. Enix President Yosuke Matsuda wrote an open letter. On this letter, Matsuda described his bigger plans for the corporate within the coming years. Matsuda's imaginative and prescient sees blockchain know-how, cryptocurrency, and NFTs type the spine of a brand new sort of gaming: decentralized gaming. Unsurprisingly, avid gamers aren't followers of the plan. On this article, we'll clarify what is going on on with Sq. Enix and why avid gamers are so upset with the announcement.

Sq. Enix's New Route: Blockchain, Cryptocurrency, and NFTs

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Credit score: Sq. Enix

In 2021, NFTs turned the newest controversial new know-how to begin to make its means into video video games. Blockchain know-how and cryptocurrency proceed to come back to increasingly video games because the years go by, too. NFTs dovetail properly with these applied sciences, counting on the blockchain to really work and most simply offered for crypto.

Different know-how, like machine studying or any sort of A.I., is the spine of loads of higher-level techs, driving recreation growth behind the scenes. In lots of senses, most of these know-how are rapidly turning into a staple of the fashionable world. Whether or not that is good or dangerous apart, this sort of know-how is right here to remain.

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On this context, the letter written by Yosuke Matsuda is a reasonably unsurprising learn. The Sq. Enix President talks in regards to the shifting market creating an area for NFTs,

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