Square Enix CEO reveals plans for blockchain, metaverse, NFTs

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Square Enix CEO reveals plans for blockchain, metaverse, NFTs
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Square Enix intends to focus on P2E concepts built on blockchain tech in 2022. Wider adoption of NFTs may be on the way, as one of the world's largest gaming companies sees them as the industry's future.

is proof that the concept isn’t a passing fad. He expects 2022 to be a year of hype for the metaverse as society begins to slowly embrace virtual worlds and their ability to connect individuals across geographical boundaries.

He thinks that extended reality technology, the growing use of cloud computing and 5G will all lead to the metaverse’s existence. While discussing the concept, Matsuda wrote: “As this abstract concept begins to take concrete shape in the form of product and service offerings, I am hoping that it will bring about changes that have a more substantial impact on our business as well.”

a New Year's letter from the Square Enix president talks about new tech/concepts including NFTs, the metaverse, and particularly how blockchain games"hold the potential to enable self-sustaining game growth"

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