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Square Enix wants to create ‘story-focused’ NFTs as part of its blockchain expansion

cryptoinfo-now.com by cryptoinfo-now.com
10 January 2024
in Crypto Gaming
0
Square Enix wants to create ‘story-focused’ NFTs as part of its blockchain expansion

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Sq. Enix has as soon as once more opened up about its blockchain ambitions. The Japanese writer plans to create NFTs that can be built-in into its video games and can give attention to story.

Sq. Enix shared its plans throughout a meeting with its shareholders. The corporate needs to determine tips for blockchain video games, whereas additionally launching new manufacturers and IPs.

On prime of that, the corporate plans to create “story-focused creatives” within the type of NFTs and launch a brand new NFT model. Nonetheless, Sq. Enix isn’t able to combine these applied sciences into its main franchises.

“It’s nonetheless a bit too early to think about making Dragon Quest and Ultimate Fantasy blockchain video games, and we’re not on the stage of desirous about that but,” Sq. Enix president Yosuke Matsuda mentioned (by way of Siliconera).

Earlier this yr, Sq. Enix bought its Western IPs, together with Tomb Raider and Deus Ex, to Embracer Group for $300 million. Nonetheless, Matsuda famous that Sq. Enix received’t use these proceeds to put money into NFTs regardless of eager to make blockchain and the metaverse essential components of its growth technique.

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