Square Enix has no plans to stop its “aggressive investments” in the blockchain

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Josuke Matsudathe head of the company Square Enix, used the New Year’s letter to look into the future of the company, not only in the coming year. As before, he named blockchain and NFT as a key investment sector.

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“In terms of new business lines, we have identified three main areas of investment as part of our medium-term business plan,” writes Makuda, “of which we are most focused on blockchain area in which we actively invest“.

According to Makud, he is aware of the development of this economic sphere in the past year: “There was also instability in the cryptocurrency and NFT market, which repeated the sharp changes in the macro economy. In particular, the second half of the year brought a series of dismal news related to the blockchain.”

Blockchain has received significant recognition as a field in 2022.

However, Square Enix believes in the future of blockchain as part of the video game industry. “From the outside, I think it’s fair to say that blockchain has gained significant acceptance as a field in 2022, as evidenced by the fact that Web 3.0 firmly established among entrepreneurs,” wrote the president of the company. According to him, while there is talk about the speedy regulation of this business in foreign markets, it is also supported by the Japanese government.

Purely by numbers Square Enix relatively successful. This is mainly due to the continued success of the live service. Final Fantasy XIV. On the other hand, new big games from a Japanese publisher don’t sell very well. This should also lead to the sale of teams Crystal dynamics, Eidos-Montreal and Square Enix Montreal.

In 2023, Square Enix plans to release, among other things, two long-awaited games: forgotten and especially Final Fantasy XVI.

Source :Indian TV

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