• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides
  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Square Enix President Talks NFTs in New Year Letter

January 3, 2022 by Carley Garcia

Yosuke Matsuda’s letter is being torn apart by the internet at large.

Yet another major publisher is jumping on the NFT bandwagon. Despite reception to blockchain features in games being anything but positive so far, the president of Square Enix seems to think that the future is non-fungible.

In a New Year’s letter, Yosuke Matsuda has indicated that decentralized games using blockchain will be a “major strategic theme” for the company starting in 2022. While the president didn’t name any specific titles introducing the technology, fans of the Final Fantasy and Kingdom Hearts series are already posting their concerns on social media, as both franchises are celebrating major anniversaries this year. Other buzzwords present throughout the lengthy letter include metaverse, cloud tech, and cryptocurrency.

While Matsuda acknowledges that the technology is disliked by many, he seems to believe that it can also be a catalyst to bring in new audiences.

“I realize that some people who ‘play to have fun’ and who currently form the majority of players have voiced their reservations toward these new trends, and understandably so. However, I believe that there will be a certain number of people whose motivation is to ‘play to contribute,’ by which I mean to help make the game more exciting,” Matsuda explained. He then explained that players having the ability to earn from their digital in-game creations could revitalize user-generated content.

“With advances in token economies, users will be provided with explicit incentives, thereby resulting not only in greater consistency in their motivation, but also creating a tangible upside to their creative efforts. I believe that this will lead to more people devoting themselves to such efforts and to greater possibilities of games growing in exciting ways. From having fun to earning to contributing, a wide variety of motivations will inspire people to engage with games and connect with one another.”

The community of Final Fantasy XIV is already pushing back against these plans, with one Reddit user stating “on the upside, if they add NFT’s to XIV I’ll suddenly have a ton of extra time.” Given how hugely successful the MMO has been for Square Enix, perhaps Square executives will listen to the outcry of this passionate playerbase.

Source

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

20 Games That HUMILIATE You For Playing BADLY

20 Games That HUMILIATE You For Playing BADLY

EA SETS INSANE TARGET FOR BATTLEFIELD 6, SUBNAUTICA 2 IN TROUBLE & MORE

EA SETS INSANE TARGET FOR BATTLEFIELD 6, SUBNAUTICA 2 IN TROUBLE & MORE

10 Best Games Where The STORY SUCKS

10 Best Games Where The STORY SUCKS

Tony Hawk's Pro Skater 3 + 4 - Before You Buy

Tony Hawk's Pro Skater 3 + 4 - Before You Buy

10 Recent UNLOCKABLES That Pushed Players To Their LIMITS

10 Recent UNLOCKABLES That Pushed Players To Their LIMITS

10 Games That Turned Into MICROTRANSACTION HELLS

10 Games That Turned Into MICROTRANSACTION HELLS

10 GENIUS moments in Flop Games

10 GENIUS moments in Flop Games

10 Games That RUINED Single Player Games For Us

10 Games That RUINED Single Player Games For Us

20 LEGENDARY Games Worth Revisiting in 2025

20 LEGENDARY Games Worth Revisiting in 2025

Category: UpdatesTag: Final Fantasy, Kingdom Hearts, NFT, Square Enix

Sidebar

Recent Posts

  • Fortnite: How to get the Exotic Unstable Bounce Grenade
  • Death Stranding 2: Where To Find Golden Chiral Creatures
  • Death Stranding 2: How To Watch An Insane Dollman Dance Sequence
  • Roblox Grow A Garden Pet Mutations Update Guide
  • The Best Video Game Deals Available Right Now

Copyright © 2025 · Gameranx · All Rights Reserved · Powered by Mai Theme