Enjin reports that Enjin has reached a deal to partner with Square Enix and Japanese entertainment conglomerate. This partnership will result in the release of Final Fantasy VII 25th anniversary cards and figures via the cross-chain network platform Efinity.
Square Enix, a Japanese software developer, will issue the final fantasy non-fungible token assets next year
Square Enix has plans to release NFTs tied to the company’s most popular video game series Final Fantasy in 2023, according to a press announcement stemming from Enjin. In 1987, the Final Fantasy video game series (FF) was launched. Since then 16 FF-themed games were published. Square Enix has made approximately $13 billion from the sales of 150 million copies of the Final Fantasy video games. For a long time, the Japanese entertainment conglomerate was interested in NFT and blockchain.
Square Enix took part in the $35 million financing round of Zebedee’s fintech and bitcoin payment firm Zebedee two days prior. According to Enjin’s announcement on July 21, Square Enix and Enjin will release a Final Fantasy NFT collection in 2023. Although the Final Fantasy NFT series is not due to be released until next, Square Enix Store allows people to pre-order this commemorative action figure. “The deluxe physical product will include a code that can be redeemed for a digital version of the figure using the Efinity network, a next-generation blockchain for NFTs, powered by Enjin,” the Singapore company detailed. “Pre-orders for the trading cards will go live later this year.”
Enjin’s Announcement Follows Mojang Studios Banning Blockchain and NFTs — Square Enix Final Fantasy’s Digital Collectibles to Utilize Efinity, the Open Platform Toolkit, Nft.io, Enjin Wallet, and Enjin Beam
Enjin was first NFT company accepted by UN Global Compact. The company also teamed up with Microsoft in order to create “Microsoft Azure Heroes” and blockchain rewards. At the time, people with Microsoft and Enjin’s Learner NFTs were integrated with the Minecraft game, and at the time, holders of the badge gained exclusive access to the “Mymetaverse Minecraft Network.” However, on July 20, 2022, Mojang Studios, a Microsoft game development subsidiary, said that blockchain and NFT technologies are now banned from any of Mojang’s servers and the Minecraft game in general.
Enjin says that its digital collectible products are made for “eco-conscious blockchain developers, investors, and users.” The Efinity platform runs on top of the Polkadot network and Enjin says that the firm is committed to being carbon neutral by the year 2030. Square Enix is leveraging Enjin’s Open Platform toolkit for the Final Fantasy VII NFT collection launch. The video game developer’s NFTs will be able to be hosted on the Enjin Wallet, the web portal nft.io, and Enjin’s Beam product as well.
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