It’s the children who are wrong

Square Enix has kicked off its 2023 with a reaffirmation of its commitment to controversial and fragile blockchain gaming sector.As noted by Eurogamer, the company’sannual New Year’s letter, sees president Yosuke Matsuda reiterate that the publisher aims to release multiple blockchain-based games in the future.

“Our Group has multiple blockchain games based on original IPs under development, some of which we announced last year, and we are undertaking preparations that will enable us to unveil even more titles this year,” writes Matsuda. “We are also engaged in global sourcing from an investment perspective and will continue to take stakes in promising businesses whether we find them in Japan or abroad.”

square enix blockchain nft

While the blockchain and NFT market wasincredibly turbulentover thepast year, resulting in enormous losses for investorsas well as receivingconstantblowback from playerswithinthe gaming sphere, Matsuda suggests that all the negative publicity not only didn’t faze his company’s plans but, he writes, might actually be beneficial for the future of the cryptocurrency market.

“Blockchain has been an object of exhilaration and a source of turmoil, but with that in the rearview mirror, we hope that blockchain games will transition to a new stage of growth in 2023,” continues Matsuda. “If this [controversy] proves to have been a step in a process that leads to the creation of rules and a more transparent business environment, it will definitely have been for the good of the growth of blockchain entertainment.”

square enix blockchain final fantasy

“As I said inlast year’s New Year’s letter, if we consider traditional gaming to have been centralized, then blockchain gaming must operate based on a self-sustaining decentralized model. It is that concept, that philosophy that I see to be key.”

Elsewhere in the letter, Matsuda reiterates plans to shut down titlesFinal Fantasy VII: The First Soldier,(January 11) andBravely Default: Brilliant Lights(February 28). In addition,Chocobo Racing GPwill not receive any further major updates, with season 5 being the title’s final updated season.

Wuyang OW2 ultimate

“We would like to express our sincere gratitude to our customers for their patronage and sincerely apologize for this announcement.” says Matsuda of these game closures.

Still, at least you have all those sweet blockchain games to look forward to.

Football Manager 26 promo art

Square Enix clearing house, doubles down on blockchain[Eurogamer]

Cover for Max Payne

Black Ops 7 key art work

PEAK mesa biome text

Article image

CoD BO7 The Guild robot

Drag x Drive passing