Square Enix, the Japanese gaming company, is pursuing its vision of incorporating blockchain elements into its games. In a recent interview, President Yosuke Matsuda spoke about the importance of user-generated content and the benefits this kind of development, along with the introduction of autonomous blockchain-based economies, could bring in the future. of the gaming industry.

Square Enix will double down on blockchain and standalone content

Square Enix is ​​doubling down on its business plan of including blockchain elements in its games in the not-too-distant future. The company, which had previously planned to make a robust entry into the blockchain gaming world, now seems interested in using these tools to create self-sustaining economies in gaming worlds.

Yosuke Matsuda, president of Square Enix, reiterated the compromise that he and the company must offer some of these experiences in the future in a recent interview with Yahoo News. For Matsuda, user-generated content is very important, and he insists on directly rewarding the creators of this content with some sort of in-game currency. He said:

By using technologies such as blockchain instead of relying on good intentions, if incentives are given to those who have contributed to the development, it is possible that innovative and fun content will be born from the user’s ideas.

This inclusion of user-generated content would also apparently help create games capable of thriving outside of the hands of the original developers even after the end of original support, if there is enough interest from the creators. third.

Not the first time

This is not the first time that Matsuda has expressed his views on the future of gaming and cryptocurrency items. In a New Year’s letter in January, Matsuda revealed how he thinks blockchain could change the way players and builders can be part of gaming experiences in more immersive ways.

On how to achieve this immersive engagement, Matsuda said:

Blockchain-based tokens will enable this. By designing viable token economies into our games, we will enable autonomous game growth.

However, Square Enix has been rather conservative when it comes to designing a game featuring franchises such as Final Fantasy or Kingdom Hearts around blockchain and token mechanics. In fact, Naoki Yoshida, director and producer of Final Fantasy XIV, denied any possibility of including NFTs in the game in February.

Other Japanese companies, such as Sega, have also been ambivalent about NFTs. While the company announced in January that it could scrap NFT experiences if they were viewed by gamers as a money grab, it also hinted at their possible inclusion in its “Super Game” framework.

What do you think of Square Enix’s take on blockchain in monetizing user-generated content? Tell us in the comments section below.

Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late in the game, entering the cryptosphere when the price spike happened in December 2017. Having a background in computer engineering, living in Venezuela and impacted by the cryptocurrency boom at the social, it offers a different point of view. on the success of crypto and how it helps the unbanked and underserved.

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