Blockchain-based gaming continues to garner interest among some of the largest global gaming companies, even in the face of an extended crypto winter that has chilled many sectors of the industry.
On Sunday, Square Enix, the multinational holding company behind the popular Final Fantasy video games, released aand representative director Yosuke Matsuda, affirming its push into blockchain gaming. "In terms of new business domains, we named three focus investment fields under our medium-term business plan," Matsuda wrote."Among those, we are most focused on blockchain entertainment, to which we have devoted aggressive investment and business development efforts.
As part of its strategy for 2023, the Tokyo-based video game giant said it it has"multiple blockchain games based on original [intellectual property] under development," which it has been teasing since last year. It is also soliciting global investment to expand its stake in promising blockchain startups.
The company acknowledged that while it has been a year of"great volatility" for crypto, it remained confident in the future of Web3."In the wake of the aforementioned turbulence in the cryptocurrency industry, there is now a trend to view blockchain technology as a mere means to an end and to discuss what needs to happen to achieve the end of delivering new experiences and excitement to customers. I see this as a very beneficial development for the future growth of the industry.
SquareEnix FinalFantasy 🤦 'Blockchain' = Extremely slow, Extremely Expensive database. It's *incredibly* stupid to try and use that as a gaming platform, when a *real* database is millions of times faster/cheaper. There is no blockchain that could support any meaningful number of gamers.
SquareEnix FinalFantasy game7 is revolutionizing the industry by using a $500M capital from bitdao to build a community owned blockchain gaming industry, where gamers have the power to set gamefi standards
SquareEnix FinalFantasy We need a Sonichu themed final fantasy on the blockchain
SquareEnix FinalFantasy Smart nft tech will be the backbone of crypto gaming.Full customisation of an already minted nft is essential to save burning and reminting cost and time.This is why L1 chains like PhantasmaChain $soul with proper utility will shine
SquareEnix FinalFantasy Hold on to your $XEP XEP🧿 ElectraProtocol tightly and see it grow
RosiePerper Hi All , We need 30 daily active social media users to do simple tasks (Provided that you reside in the countries that we accept). In return, we boost thier accounts (insta/tiktok/twitter) for FREE to gain new followers. DM me if you are interested (Limited time)
RosiePerper Here we go!!!! Buckle up🤢🤢🤢🤯🤯🤯
BlockchainAUS RosiePerper Hey RosiePerper I’d be recommending a conversation with Avalanche Head of Gaming, Ed Chang EdC This recording is a must listen for game publishers and developers: Avalanche is quickly proving to be the gaming chain.
RosiePerper Every informed person needs to know about Blockchain Games because it might be one of the world’s most important developments.
RosiePerper GamingOnAvax 👀
RosiePerper am bullish on ChainsofWarNFT
StreetsBehind
dt_chain RosiePerper Web3 startups raised $7.1B in 2022, and Web3 gaming accounted for 62% of it. 🎮🏆 That’s more than all metaverse, social networking, infrastructure, and AI web3 investments combined. Deepak sir aquire some gaming projects 😂😂🚀🚀
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Source: Cointelegraph - 🏆 562. / 51 Read more »