Square Enix’s President Declares Decentralized Gaming Is the Future By DailyCoin

Yosuke Matsuda, president of Square Enix, the video game production company and developer best known for the Final Fantasy series, wrote a public letter for the New Year. In the letter, Matsuda spoke about the company’s plans for the year and how he hopes that decentralized gaming will become a major trend.

In the letter, Matsuda mentioned the metaverse as the hot topic of 2021 that gained a lot of attention, dubbing 2021 “the Metaverse Year.”

“The metaverse will likely see a meaningful transition to a business phase in 2022, with a wide range of services appearing on the scene,”
Matsuda wrote.

Square Enix’s unveiled business strategy includes AI, the cloud, and blockchain games as new domains. Matsuda spoke about how blockchain games had been in the infancy stage until now, but that decentralized gaming is entering into the growth phase.

“By designing viable token economies into our games, we will enable self-sustaining game growth. It is precisely this sort of ecosystem that lies at the heart of what I refer to as “decentralized gaming,” and I hope that this becomes a major trend in gaming going forward,”
The Square Enix president said.

Matsuda acknowledges that the technology which enables blockchain games already exists, underlining that society is also becoming more literate about decentralization, as well as the increasing acceptance of digital assets.

On the Flipside

• Players of Final Fantasy XIV, the company’s flourishing MMORPG (massively multiplayer role-playing game), among other sects of the company’s fan base, have been pushing back against Square Enix’s plans to implement NFTs.

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