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Square Enix’s President Declares Decentralized Gaming Is the Future -Breaking

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Square Enix’s President Declares Decentralized Gaming Is the Future

Square Enix president Yosuke Matsuda wrote an open letter to the new year. He is best known as the developer and videogame producer behind Final Fantasy. In the letter, Matsuda spoke about the company’s plans for the year and how he hopes that decentralized gaming will become a major trend.

In the letter, Matsuda mentioned the metaverse as the hot topic of 2021 that gained a lot of attention, dubbing 2021 “the Metaverse Year.”

“The metaverse will likely see a meaningful transition to a business phase in 2022, with a wide range of services appearing on the scene,”
Matsuda wrote.

Square Enix’s unveiled business strategy includes AI, the cloud, and blockchain games as new domains. Matsuda talked about blockchain gaming’s infancy, and how it is now entering the growth stage.

“By designing viable token economies into our games, we will enable self-sustaining game growth. It is precisely this sort of ecosystem that lies at the heart of what I refer to as “decentralized gaming,” and I hope that this becomes a major trend in gaming going forward,”
Square Enix President:

Matsuda admits that blockchain technology is already available. This underlines the fact that society has become more knowledgeable about decentralization and the acceptance of digital assets.

Flipside

  • Players of Final Fantasy XIV, the company’s flourishing MMORPG (massively multiplayer role-playing game), among other sects of the company’s fan base, have been pushing back against Square Enix’s plans to implement NFTs.

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