Square Enix, Japan’s top gaming company, is aiming to introduce more blockchain-based games in 2023. This was revealed in a traditional New Year’s letter written by CEO Yosuke Matsuda, who also discussed the importance of blockchain technology in 2022.
Square Enix Reflection on Blockchain in 2022: Mistakes
Blockchain technology is becoming a major part of the entertainment industry all around the world. Square Enix, the company responsible for the Final Fantasy and Dragon Quest franchises, has announced that it is currently developing games that will use this technology and will be ready for announcement in 2023.
These comments were taken from a New Year’s letter written by Square Enix CEO Yosuke Matsuda. According to him, 2022 is going to be a vital year for blockchain technology. Matsuda remarked:
It’s fair to say that blockchain was widely recognized as a field in 2022, as evidenced by the fact that “blockchain” was listed as an ‘innovation’. Web 3.0 became a popular buzzword.
Matsuda claimed that while blockchain gaming was a major topic of discussion in the gaming industry, it was not the main focus. Instead, the conversation was primarily about how to monetize this technology. However, this is now changing. According to Matsuda, blockchain technology is now seen as an “end in itself”.
More Blockchain Games Coming Soon
In spite of the issues that emerged in the crypto and blockchain environment in 2022, the company is still planning to release its blockchain-related products in 2023. Matsuda expects blockchain gaming to go through a period of growth this year. He said:
Our group is currently developing several blockchain-based IP games, some of which were announced last year. We are also preparing to add more titles this year.
However, Matsuda declined to give any more information about the new games that could use blockchain technology this year. The only NFT game announced by the company so far is Symbiogenesis, an interactive experience that was launched in November.
Matsuda also revealed that the company has been looking into this field ever since November 2021. It is now part of the company’s strategy to make a “robust entry” into this sector. Since then, the company has been introducing Web 3.0 technologies and games, and even investing in companies in this area.
What do you think? How can blockchain technology improve people’s lives? Leave a comment in the section below.
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