After A Bad Year For NFTs, Square Enix Boss Says Company's Still All In For Them

A 12 months in the past, Square Enix president Yosuke Matsuda stated NFTs (Non-Fungible Tokens) and blockchain gaming had been the long run. Then 2022 occurred and it turned clear to all however essentially the most diehard NFT buyers and crytobros that each one of this digital JPEG possession was a rip-off that the general public continues to largely ignore. But apparently, even in spite of everything this, Matsuda and Square Enix aren’t giving up on NFTs or blockchain video games. In truth, it seems like the corporate is doubling down on “blockchain entertainment” heading into 2023.

As a reminder: NFTs are digital objects that you simply don’t truly personal. Instead, you purchase a receipt that states you completely personal that image of an ape or no matter, after which you’ll be able to acquire it and hope to resell it for an enormous revenue someday. But you possible received’t make any cash promoting dear NFTs as {the marketplace} round them has utterly collapsed. It seems overpriced jpegs aren’t a secure funding. Who might have guessed? (Millions of individuals did.) Anyway,…

2023-01-03 19:45:02 After A Bad Year For NFTs, Square Enix Boss Says Company's Still All In For Them
Source from kotaku.com

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