Square Enix Insists on Integrating Blockchain Elements Into Its Games

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Square Enix Insists on Integrating Blockchain Elements Into Its Games – Square Enix, a Japanese video game developer, is pursuing its goal of incorporating blockchain technology into their games. President Yosuke Matsuda discussed the importance of user-generated content and the benefits that permitting this type of development, as well as implementing blockchain-based self-sustaining economies, could bring to the gaming industry’s future in a recent interview.

Square Enix is pressing down on its strategy of incorporating blockchain technology into its games in the near future. The company, which had originally planned to make a big splash in the blockchain gaming sector, now appears to be interested in leveraging these tools to build self-sustaining gaming economies.

In a recent interview with Yahoo News, Yosuke Matsuda, president of Square Enix, highlighted the tradeoff that he and the company must make in order to deliver a few of these experiences in the future. User-generated material is particularly essential to Matsuda, and he insists on directly rewarding creators of this content with some sort of game currency. 

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He explained:

“If rewards are supplied to those who have previously contributed to the development, there is a chance that content with unique enjoyment will be developed from the user’s ideas using blockchain technology rather than relying on good intentions.”

If there is enough desire from third-party creators, this integration of user-generated content might presumably help create games that can live outside of the hands of the original developers long after original support ceases.

Matsuda has already voiced his thoughts on the future of gaming and cryptocurrency elements. Matsuda detailed how he believes blockchain will transform how players and developers may be more immersed in gaming experiences in a new year’s letter published in January.

However, when it comes to building a game based on blockchain and token systems for properties like Final Fantasy or Kingdom Hearts, Square Enix has been cautious. In February, Naoki Yoshida, the director and producer of Final Fantasy XIV, flatly denied that NFTs will be included in the game.

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Other Japanese businesses, such as Sega, have had mixed feelings about NFTs. While the business said in January that it would ditch NFT tests if players perceive them as a money grab, it also hinted that they could be included in its “Super Game” structure.

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