Square Enix aims for play-to-earn games with blockchain, reiterates president Matsuda

In an interview published by Yahoo Japan, Yosuke Matsuda, president of Square Enix, said that focusing only on traditional games might "not be enough" for the company's future and reiterated his intention to make blockchain-based play-to-earn games.

"In the future, we'd like to try making 'standalone game content,'" Matsuda told Yahoo Japan. "So far, in most games, we have provided content with finished products and users have simply played that content. However, several players in the world want to help make titles more interesting by creating new game modes and settings. In the future, we want to use these people's skills to create games that will continually evolve."

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To achieve this goal, therefore, the president of Square Enix explains that it is necessary to give users an incentive that pushes them to make new content, in addition to the simple fun, and here play-to-earn systems and blockchain come into play.

"If instead of relying on goodwill, we can also provide incentives to those who contribute to development using technologies like blockchain, there is a chance that innovative and interesting content can come from user ideas."

This is not the first time that Matsuda has shown himself in favor of blockchain-based games. In his last speech at the end of the year, the president of Square Enix talked about how NFT and metaverse will become very common in the gaming industry and that as a result, the company intends to invest in artificial intelligence, cloud, and blockchain-based games capable of sustaining themselves independently. Matsuda's words have been criticized by a good number of players, but on the contrary, they have been appreciated by the stock exchange, since Square Enix's shares had shortly gone up by 8%.