Square Enix’ reputation has taken something of a dive in recent years, in part to the quality of its mobile releases, but also partly because many see the company’s direction to be rather tone-deaf with its push towards NFT and Cryptocurrency, something most gamers don’t want in their titles.
The trend continues as just like with last year, the Square Enix President Yosuke Matsuda released another New Year’s letter, talking about world events, the state of the economy, the company’s current, and future projects. The one field that Yosuke Matsuda seemed very interested in was again, NFTs and Cryptocurrency.
In the letter he discusses the future of NFTs and Japan’s push for the concept with the Japanese cabinet signing off on its “Priority Policy Program for Realizing a Digital Society” and promotion of web 3.0. The end of the letter then states that “Our Group (Square Enix) has multiple blockchain games based on original IPs under development), which confirms that many beloved IPs from the company will have a new life as a title revolving around NFTs and Cryptocurrencies.
The letter didn’t announce what games are coming out, but Yosuke Matsuda remained optimistic that blockchain games will transition into a new form of growth in 2023, the company’s 20th anniversary.
▍About Square Enix
Square Enix was formed in 2003, after a merger between the companies Square and Enix. The company and developers are responsible for many popular RPG series and IPs, including Final Fantasy, Dragon Quest, Star Ocean, Kingdom Hearts, Parasite Eve, Legacy of Kain, and many more.
Square Enix recently has been pushing NFT products as part of the company’s growth strategy, including its recent announcement of Symbiogenesis, a “global NFT project”, and the company is even selling digital goods such as Final Fantasy VII digital figures.
