It’s Square Enix’s turn to tell us how the last year went as May rolls ever onward. A summary of the previous year would be ‘pretty good, especially MMOs’ but the most interesting bits are the forward-looking statements. There, Square Enix explained their Web 3.0/NFT/Blockchain strategy and said it’s “considering multiple potential global investments” on top of what it has already done.
While this may come as a surprise, or laughably predictable depending on your point of view, given the recent (and ongoing) negative press surrounding cryptocurrencies, Square Enix do back it up somewhat. Shi-San-Sei Million Arthur, one of Square Enix’s franchises, had a ‘season’ of NFTs in the past year, and it was successful enough that the company is moving forward with another.
“Encouraged by the results and feedback from our NFT business, we have decided to produce a second season,” it says. “Our plan is to incorporate game content into our service and to leverage the development and operational expertise we have amassed in our existing businesses to explore the potential of earnings structures, breadth of play, and NFT ownership experiences in the NFT business.”