Square Enix CEO Yosuke Matsuda Publicly Supports NFTs

Square Enix CEO Yosuke Matsuda Publicly Supports NFTs

The President of Square Enix has addressed various topics in his traditional New Years message. Yosuke Matsuda has supported NFTs, but also comments on blockchain gaming, the cloud, and AI, among other things.

With 2021 already behind, many are already thinking about new fields for 2022, they may even forget certain topics such as NFTs. But for him Square Enix CEO, Yosuke Matsuda, that will not be so since he supports them publicly.

The president of the company support the NFTs and get into them. In his traditional New Year’s message, he has spoken about these and other reasons as a company that are regarding his near future.

In addition to these tokens, he also commented on the metaverse and games based on Blockchain technology. The New Year’s letter is very extensive and you can read it through this link.

On these issues, we see that a lot has stopped, since they are trends very much in mind right now in the company. Although Matsuda acknowledges that the “most players” I know “they have reserved” about them.

The metaverse was a flash point in 2021, inspiring a conversation about what it was and what business it could have. […] Facebook changed its name to Meta in October and it was evidence that it is a concept to stay“.

Matsuda believes that in 2022 there will be a significant transition to the business and hopes to bring those changes to his own. And now is when the main course arrives, since another widely spoken term in 2021 was NFT.

The arrival of NFTs using Blockchain technology increased the liquidity of digital goods, allowing the trade of these at high prices and giving what to talk about all over the world.

I see 2021, not only as ‘Metaverse: Year One’, but also as ‘NFTs: Year One’ […] and I hope they become as familiar as physical objects. To cope with these business changes, the medium-term strategy that we unveiled in May 2020 identified AI, cloud and Blockchain games.

All these as new domains in which to focus our investments and that we have focused the R&D in these areas “ He said. After all, lastly, he talked about Blockchain games, which were born and are growing right now, he says.

What most allows its sustenance and growth is diversity, in how people connect with its interactive content and motivate them. […] I consider the concept of ‘Play to Win’ that excites people, a perfect example of this.“.

Although at times he might speak with other eyes, like this one: “I am aware that some characters ‘play for fun’ and that most players are reserved towards these new trends, and it is understandable.

However, I think there are a number of characters whose motivation is to ‘play to contribute’ which will make the game more exciting.“However, the company continues to work on Final Fantasy VII Remake Part 2, a sequel to the game that has an evil company as an antagonist.

And meanwhile, they have had to temporarily suspend sales of Final Fantasy XIV. The reason? Their servers are congested by the large number of players and they cannot expand them at the moment.

Mainly because of the shortage of components, but also because of the huge demand for graphics and other hardware used for NFTs and cryptocurrencies.

We will continue moving forward to see what 2022 brings us with Square Enix and Ubisoft, which also announced its NFTs.


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