Square Enix plans to develop decentralized games – Bits Media

Leading Japanese game publisher Square Enix plans to place "maximum emphasis" on developing blockchain-enabled games and collectible tokens in 2022 year.

Square Enix President Yosuke Matsuda (Yosuke Matsuda) published a letter with New Year's greetings and company development plans. Most of the letter was devoted to “decentralized games” - projects with support for blockchain and NFTs. Matsuda expressed hope, that such games will become a new trend in the development of computer games.

“If we call one-sided relations, when developers just give you a finished product, centralized games, That, beginning with 2022 of the year, inclusion of decentralized games in the portfolio will be our main strategy. The underlying technology to support NFTs and blockchain in games already exists, and in recent years we have seen a significant increase in the adoption of crypto assets. We will continue to closely monitor social changes in this area, monitor users and develop business accordingly. We may issue our own tokens in the future.", – wrote the President of Square Enix.

Matsuda told, that the company is closely monitoring the cryptocurrency industry and is looking for new opportunities to use blockchain and collectible tokens in its projects. Note, that the field of games with support for blockchain and NFTs continues to develop. So, for the III quarter 2021 year, revenue from games with support for collectible tokens amounted to $2.32 billion.