Get all your news in one place.
100's of premium titles.
One app.
Start reading
USA Today Sports Media Group
USA Today Sports Media Group
Sport
Ben Barrett

Square Enix recommit to NFTs and the Blockchain in year-end report

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.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.