Square Enix Is Now Part Of Blockchain Oasys

Square Enix, the publisher of Final Fantasy, has joined the gaming blockchain Oasys as its final initial validator ahead of its public launch later this year.

It joins 20 other inaugural node validators, including SEGA and Bandai Namco of Japan, as well as Ubisoft, Yield Guild Games, WeMade, NEOWIZ, Netmarble, and Com2Us.

According to a corporate release, the two also intend to investigate the viability of utilizing user contributions in the development of new games on the Oasys blockchain.

Square Enix stated earlier this year that developing decentralized games would be a major strategic subject for the company in the future. It established its own Blockchain Entertainment Business in April.

Square Enix and its partner game validators join the ranks of other web2 gaming titans interested in blockchain. Epic Games said in June that its first blockchain game would be available on its marketplace later this year. It recently backed Grease Monkey Games, an Animoca Brands subsidiary, to develop a blockchain-based play-to-earn racing game.

Despite some larger players testing the waters, other gaming developers remain skeptical of blockchain technology. Square Enix’s recent move follows Mojang Studios‘ decision to restrict access to its platform for NFT-linked projects.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.