Square Enix President Still Says NFTs Are the Future of Gaming

A large holographic man represents the characters of Final Fantasy 7 Remake.

Picture: Square Enix / Kotaku

Remember in January when Square Enix President Yosuke Matsuda posted that terrible letter announcing a future where video games would feature NFT and blockchain technology? Well, even though many gamers and developers criticized the letter, Matsuda isn’t backing down. And in a new interview, he went on to explain how excited he was for blockchain.

Spotted and translated by VGCMatsuda recently met Yahoo Japan for an interview in which, even after all the backlash and scams, he continued to explain that Square Enix’s future would be filled with blockchain-powered games and NFTs.

“Until now, in most games, we provided the content as a finished product,” Matsuda explained. “And players played that content. However, there are a number of gamers around the world who want to help make games more interesting, by creating new settings and ways to play.

According to Matsuda, the plan is to “use” these people to help create games that can “continue to evolve” over time, after the game’s initial release. And the (still vague) plan seems to be that Square Enix can use the blockchain to reward these creators and players.

“If, instead of relying on goodwill, we can also offer incentives to those who contribute to development using technologies such as blockchain, it is possible that innovative and interesting content can be created from the ideas of people. users.”

Read more: Sega says the future of gaming includes NFTs and cloud streaming

To be clear: the idea of ​​paying players who create awesome PC mods or levels for games like dreams is something I fully support. dreams and other games like Creator of Super Mario and little big planet often rely heavily on a small group of people creating awesome stuff for the rest of the player base. I would argue that these creators should get paid, as they make games more valuable to players by creating more content. So yes, I’m okay with offering incentives to creators. However, this does not need to involve blockchain technology or NFTs. Instead, you can just pay the creators with cash, no channel blocks required.

It’s interesting to see Matsuda keep pushing all that NFT shit after his widely mocked New Year’s open letter. In this mess full of buzzwords, Matsuda said sadly that some people play games for fun, before explaining that others play to “contribute” and that Square Enix wants to incentivize those players. Again, just like in his recent interview with Yahoo Japanno actual details were shared.

However, as pointed out VGCa lack of details about these plans did not prevent this heavily criticized January letter from prompting one of the publishers biggest share price increases in months. So it’s likely that Matsuda and Square Enix will keep pushing forward into the bored monkey-filled future of expensive jpegs and destructive and unnecessary cryptographic technologyat least until investors stop caring.

Square Enix president wants the company to join a growing list of game publishers and studios that make (and sometimes apologizing for) plans to bring NFT in video games. In 2021, Ubisoft pissed off a ton of people (including some of its own employees) after announcing plans to integrate boring NFT gear into a Ghost Recognition game no one plays anymore. (Disclose: Nobody really bought this shit.)

And even the so-called “achievements” tend to end in giant losses and embarrassing blunders.

A recent example: A hacker has drained more than 600 million Axie Infinity due to a security exploit. Yet, because there is money to be made, the big game companies will keep pushing forward, even blame their fans to not have NFT, while continuing to ignore all negative reviews and feedback behalf make a few bucks fast.