CEO of Square Enix Reveals Company’s New Plans for NFTs and Blockchain Projects

CEO of Square Enix, Yosuke Matsuda, explains the difference between old-school gaming and next-gen, blockchain-based, cryptocurrency gaming. He also shares the company’s intentions for blockchain and NFTs.

Matsuda Claims 2022 Will Be the Year of Virtual World

In his statement, Matsuda starts a discussion about the metaverse. He claims that Facebook changing the name to Meta shows this trend is here to stay and that the virtual world will connect people globally, regardless of the geographical boundaries.

According to his statement, 2022 will be the year when society will start accepting virtual worlds. Metaverse will also affect the plans Matsuda has for his company.

The discussion then moves onto NFTs and play-to-earn, a new gaming method. Matsuda points out that 2021 was the year when NFTs were introduced and that there was a lot of wild trading.

In addition, Matsuda’s letter seems to be a reaffirmation of Ubisoft’s plan to stay committed to NFTs and blockchain.

Andrew Wilson, CEO of Electronic Arts, also agrees that NFTs and play-to-earn games will be the future of gaming.

About Square Enix

Square Enix develops, publishes, distributes, and licenses several brands in entertainment content. It’s present in Europe and other PAL territories and has a global network of leading development studios, such as Crystal Dynamics and Eidos Montreal. 
The Square Enix Group owns Final Fantasy, Space Invaders, Tomb Raider, and other games.