Square Enix began 2022 with a letter from President of the company Yosuke Matsuda that announced that Square Enix is interested in exploring a series of new and controversial online technologies moving forward. These include metaverses, NFTs, and games that utilize a blockchain structure.
Fan backlash to the announcement was immediate, as it has been for any game company that floats the idea to players of possibly creating NFTs in the future. Despite the backlash, however, Square Enix received a huge bump in stock on the day of trading after the letter was published. This left the company in the difficult position of either listening to its fans or listening to the stock market.
Final Fantasy 14 Players Are Begging Square Enix To Cancel Its NFT Plans
Evidently, Square Enix seems to be following its stocks because, in an interview iwth Yahoo Japan, Yosuke Matsuda has once again reiterated his desire for the company to make blockchain games. The company president’s interest in publishing games on the blockchain seems to center around perpetuating a new «play-to-earn» model of game in which players could earn rewards for creating content for the game. Matsuda states, “I believe that there will be a certain number of people whose motivation is to play to contribute.”
Matsuda’s description of “contributing players” sounds like having an open modding community who create content for the game and receive rewards from Square Enix for doing so. Matsuda also claims that rewards for digital creations could revitalize user-created content. It's arguable whether the video game modding community needs revitalizing, however, as some games have active groups that make free player-made mods. Also, other games like Roblox are built entirely
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