Yosuke Matsuda, President and CEO of the Japanese computer games company Square Enix, wished all users a Happy New Year and spoke about the company's plans for the coming year.
Matsuda called 2021 "the year of the metaverse" because the interest in it is extremely high. Large corporations are interested in her opportunities to expand their business in the long term, the man repeatedly noted. As an example, he brought up the social network Facebook, which took the first step in this direction, changing its name to Meta.
Also, the CEO of the tech giant believes that the rapid development of technologies in various areas requires a modern business to implement them. It is expected that in 2022, traditional industries will offer a huge number of products and services in the metaverse using non-fungible tokens (NFT).
The head noted that, first of all, it is necessary to settle the cost of the provided content to avoid speculation in the financial market.
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To be competitive in today's marketplace, Square Enix will step up investment in researching games powered by distributed ledger technology in 2022.
It's worth noting that Square Enix has been investing in blockchain game research and AI development since 2020. The company views this industry as a priority area in its business strategy.
Matsuda emphasized that blockchain-based games have enormous potential, as they allow gamers to express their individuality, while making the game more fun, and get rewarded for it. The opportunity to have fun, make money, or invest will attract consumers.
According to Matsuda, today the number of users who play for the sake of entertainment is much higher, but the opportunity to make money in the game naturally attracts more and more new users. But this is exactly what the CEO said in a statement, and is the interest of the companies that develop games. The introduction of non-fungible tokens into their product ensures the self-sufficient growth of the game. That will be Square Enix's new 2022 policy.
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The company plans to closely study new opportunities, seek consumer opinion, and does not exclude the possibility of issuing its virtual token in the future.
“The ability to enrich people's lives with digital entertainment is the core of our business,” concluded Yosuke Matsuda.