Since the trend of applying blockchain to games exploded, the game industry has not stopped debating whether the new direction is good or not. However, there is no denying the massive player appeal of such titles, and a host of major game developers and publishers see decentralized technology as the future of video games.
The latest company to announce its desire to apply emerging technology to games is Square Enix. In a letter to the community on the occasion of the New Year, the corporation’s president, Yosuke Matsuda, affirmed that decentralized technology, such as blockchain, will be “big strategic theme” of the company in 2022 or later.
Although President Matsuda confirmed that Square Enix’s future products will use new technology, he did not specify which products.
Through incorporating a token economy, Square Enix’s games will have the ability to “Self development, and President Matsuda thinks there will be gamers “play for dedication“. Theoretically, blockchain-powered games should give these players the opportunity to create their own content, and then make a profit from it.
President Yosuke Matsuda.
Mr. Matsuda wants the tokens in the game to become mass-market soon, and believes that the “over-exchanged” market will soon cool down. Square Enix will continue to monitor market movements, and President Matsuda is very optimistic about the future of the company’s NFT issuance. However, how the market and gamers receive it depends on many other factors.
Information about cryptocurrencies (cryptocurrency), commonly known as “virtual money” has not been recognized by law in Vietnam. The information in the article is for reference only and has no investment recommendation value.
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