Square Enix Investing in NFTs is Ironic
Over the last several months, many gamers have slowly become acquainted with the term «NFTs» as the cryptocurrency market grows more and more relevant by the day. As the demand for non-fungible tokens is on the rise, many companies and brands are taking it as an opportunity to branch out and grow. Gaming companies are no different, as many famous publishers such as Konami have announced support for the market, with the most recent being Square Enix.
Square Enix's president, Yosuke Masuda, began the year by publishing a letter stating that the company would be investing in things like NFTs and the «play to earn» metaverse markets associated with cryptocurrency. While many gaming companies like Square Enix have voiced support for these endeavors, plenty of fans have made it clear to them that they don't want them to go into these controversial markets for a ton of reasons. With both past endeavors and the current products Square has, the situation has turned rather ironic.
Square Enix President Embraces NFTs In First Letter of 2022
Many gamers are already well-acquainted with the story seen in Final Fantasy 7. While the story of the classic RPG tackles many themes such as mental health, trauma, and more, one of the biggest core themes about it revolves around the affairs of the Shinra Electric Power Company. Shinra, for years, had been marketing and using the energy of the planet found in FF7 in order to supply electricity to the people of Midgar, as well as condense it to make Materia and use it in other experiments. The main party of Barret, Cloud, Tifa, and Aerith, form Avalanche — a resistance group aiming to save the planet before Shinra kills it.
Where the irony comes in is the biggest concern about NFTs and
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