Observing new possibilities with Blockchain and Metaverse, Square Enix touches on its ideas about crypto and NFT winning games.
The interest in blockchain technology and crypto assets has risen in recent years with a serious appreciation. After Mark Zuckerberg, who also announced Metaverse breakthroughs by Facebook, the usage areas for Blockchain and its derivatives have expanded further. “Play to earn” games, called “play to earn” in English, earn money as you play. In an interview with Yahoo Japan, Square Enix president Yosuke Matsuda expressed his thoughts on why Square Enix should turn to crypto and NFT.
Why is Square Enix showing interest in crypto and NFT?
Matsuda previously explained that Square Enix could issue its own cryptocurrency. In his last interview, he stated that focusing on conventional games would not be enough to move the company forward, and he talked about his vision in this regard. Players will be able to produce content and be rewarded. “We want to work on autonomous game content in the future.”, “In all games so far, players have always encountered ready-made content that has been completed by someone. There are many people in the world who are interested in making games more interesting by generating different settings and game possibilities.“
He continued his statements as follows: “In the future, we want to use these wishes of those people to develop games that continue to evolve.”, “If we have the opportunity to provide people with a response beyond just goodwill, for example with Blockchain technology, we can provide users with the opportunity to create content from their ideas.” . In addition to Square Enix, Blizzard also gave the first signals of their interest in “play to earn” games in crypto. It is likely to hear news from other game makers in this area in the near future.