Square Enix Plans to Launch Blockchain Games Next Fiscal Year, Says CEO
Square Enix CEO, Yosuke Matsuda has said that the publisher will be launching its new blockchain games in FY23/24.
The statement comes following a disappointing result for Square Enix’s latest release, Forspoken, of which the game’s performance was described as “lackluster”. Despite the lackluster performance, Square Enix is still hoping that its blockchain games will be more of a success.
The information comes via a Financial Results Briefing that was published today but dates back to February 3, 2023. During a Q&A segment, Yosuke Matsuda was asked about Square Enix’s forecasted growth for FY2024/3, to which he responded:
“Major title launches will not be concentrated solely in FY2024/3. We have organized our pipeline so that we will have a good spread of new releases in FY2025/3 and beyond as well. We also hope that you will look forward to the blockchain games we plan to launch in FY2024/3 and thereafter.”
Several game companies have explored NFT and blockchain technology in the past, with Ubisoft being the most public when it comes to its NFT exploration and subsequent failures. Ubisoft Quartz, announced in early 2022 was the first major announcement when it came to publishers exploring NFT technology, however, that idea seemingly dwindled following its first NFT release with Ghost Recon Breakpoint.
It’s unclear what Square Enix’s approach will be with NFTs and blockchain technology, but it doesn’t seem like the idea will be going away anytime soon. Recently, Dr Disrespect recently called NFT opposers “brain dead headline followers” for not believing in the potential of blockchain technology as the streamer is working on his own NFT-related game called Deadrop.
Do you think NFT’s and blockchain technology will work in gaming in the future?