Final Fantasy Developer Continues Path of Blockchain Gaming in 2023

Square Enix, the creator of the popular Final Fantasy franchise, intends to increase their involvement in blockchain-based games despite the volatility of the crypto market, according to a letter from the company’s president, Yosuke Matsuda, that was published on Jan. 1.

The letter, titled “A New Year’s Letter from the President,” attempted to summarize the company’s most significant achievements in 2022 and explain its intentions for 2023. Of the 15 paragraphs, seven were dedicated to blockchain gaming, this demonstrated that blockchain gaming is a primary focus of the company’s future investments.

Matsuda stated that blockchain entertainment is the field that his team will devote the most attention to in the near future, they have dedicated aggressive investment and business development efforts to it.

After describing the ups and downs of the crypto market in 2021 and 2022, Matsuda attempted to comprehend its decline. He stated that new technologies often cause confusion, but eventually become commonplace. If the crypto market is experiencing turmoil, this shouldn’t necessarily cause investors to question its potential, he said, adding:

“New technologies and frameworks lead to innovation, but they also create considerable confusion.”

Matsuda stated that any technology that can withstand the societal tides will gradually become a part of people’s lives and eventually lead to new businesses and expansion. Furthermore, according to the president, following the enthusiasm and excitement surrounding NFTs and the metaverse in 2021, the year 2022 was characterized by significant volatility in the blockchain-related sphere.