While many in the tech industry seem to be excited about the prospect of blockchain technology and NFTs, the same often can't be said of gamers. Video game fans have pushed back hard against the integration of NFTs into some of their favorite game franchises, but the trend isn't going anywhere yet.
NFTs, or Non-Fungible Tokens, are a sort of digital collectible, often in the form of an image. There's plenty of controversy surrounding what it means to 'own' an NFT, but despite the concerns of players, Square Enix is moving forward with plans to create NFTs based on its properties.
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Square Enix previously announced it was interested in blockchain technology, but had not revealed specific plans on what it intended to do with it at that time. Now, however, the company has officially revealed Final Fantasy 7 NFTs that are coming in the near future. Specifically, an NFT of a Cloud action figure and an NFT of Final Fantasy 7 collectible trading cards are coming with help from Enjin and its Efinity Network.
These NFTs will launch alongside real-world, physical collectibles. A «Digital Plus» Cloud action figure is selling for $160, whereas just buying the physical action figure alone is $130. Final Fantasy 7's trading card packs will offer six cards for $4, with a redeemable code for an NFT version of a card included in each pack.
There's likely to be fans who aren't pleased at the idea of spending $30 extra on a digital figure of Cloud, but thankfully skipping it is an option. Square Enix's current plans differ a bit from usual NFTs, which are often just a simple image. These bear more of a resemblance to pre-ordering a game and getting an in-game decorative item in thanks, or even
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