Recently, Square Enix sold some of its most famous Western studios and IPs, including Tomb Raider and Deus Ex, to raise money to invest in future projects including blockchain and NFTs. Since then, the crypto and NFT markets have been crashing, so Square Enix has changed its mind a bit, confirming other plans to further invest in other Western studios and IPs. However, the company’s management seems to be enamored with the allure of the blockchain movement.
During Square Enix’s recent shareholder meeting (via Siliconera and Michsuzuki ), the company confirmed that it remains interested in NFTs and the inclusion of blockchain in games. Much to the annoyance of longtime fans of these franchises, both Dragon Quest and Final Fantasy were conceived as franchises that could incorporate these technologies.
What exactly Final Fantasy or Dragon Quest based on the blockchain will look like remains to be seen. While we would like to suggest that NFTs will be limited to cosmetic items only, there is some talk of using NFTs to provide players with new story content, so NFTs could end up being used exactly like an activation key for DLC. Whether Square Enix will go all-in and use cryptocurrencies and NFT trading platforms is still to be determined.
Square Enix is one of several major publishers looking into blockchain and NFT for future games, following in the footsteps of Ubisoft, the first major publisher to truly implement blockchain and NFT on its Quartz platform, which will see further integration into new games in the future.