Square Enix latest game company to join NFT rush
Square Enix, makers of video game franchise Final Fantasy, published a report that indicates it plans to dive into NFTs, citing successful tests of one of its properties in Japan.
As part of a financial briefing, Square Enix published a report where the company indicates it believes NFTs have high value for them and are contemplating a major push into blockchain gaming.
According to the report, Square Enix sold out a drop of NFTs in Japan for its "Shi‐San‐Sei Million Arthur" game. It was a proof of concept for the company, who said NFTs "have a high affinity with our assets."
Additionally, the report notes Square Enix is "contemplating a robust entry into blockchain games" in the medium term.
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Square Enix isn't alone. Earlier this week, Electronic Arts formally announced its intent to explore blockchain and NFTs. Ubisoft also signaled their intent to do the same.