Square Enix, a Japanese gaming firm, continues to pursue its dream of using blockchain elements within its games. Yosuke Masuda, Square Enix’s president, spoke about the value of user-generated content. He also discussed the potential benefits of allowing such development and the possibilities of introducing self-sustaining blockchain economies to improve the future gaming industry.
Square Enix Doubles Down on Blockchain and Autonomous Content
Square Enix has increased its commitment to including blockchain elements within its games. Square Enix, which has made plans for a strong entry in the blockchain gaming industry, appears to be now interested in these tools in creating self-sustaining gaming economies.
Square Enix President Yosuke Miatsuda reiterated his commitment to Square Enix to deliver these experiences in the near future, in an interview with Yahoo News. Matsuda believes user-generated content, which he says is extremely important, should be rewarded with some type of game currency. According to him:
By utilizing technologies such as blockchain instead of relying on good intentions, if incentives are given to those who have contributed to the development, there is a possibility that content with innovative fun will be born from the user’s ideas.
The inclusion of user-generated content could also be used to create games that can thrive without the support of original developers. If enough third-party creators are interested, it may even help.
This is not the first occasion
Matsuda isn’t the only one to express his views about the future of cryptocurrency and gaming. In a new year’s letter in January, Matsuda revealed how he thinks blockchain might change how players and builders can be part of gaming experiences in a more immersive way.
Matsuda explains how you can achieve immersive engagement.
This is possible with blockchain-based tokens. We will make it possible for games to grow by integrating viable token economies.
Square Enix is conservative in designing games featuring Final Fantasy and Kingdom Hearts franchises. They have not used blockchain or token mechanics. Naoki Yashida is the director and producer for Final Fantasy XIV. He denied any possible inclusion of NFTs in his game.
Sega is not the only Japanese company to be ambivalent on NFTs. While the company announced back in January it might scrap NFT experiments if seen by players as a money grab, it also hinted at their possible inclusion as part of its “Super Game” framework.
What do you think about Square Enix’s take on blockchain in user-generated content monetization? Let us know your thoughts in the comment section.
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