Square Enix Sells Tomb Raider In Order To Invest In Blockchain Technology.

Square Enix, the Japanese video game firm, has sold a number of its game development companies, including Crystal Dynamics, the studio behind Tomb Raider. The firm has done so in order to increase its investment in innovative technology, such as blockchain.

Square Enix, a Japanese video game firm, has sold a number of its game development companies, including Crystal Dynamics, which created Tomb Raider, in order to focus on new technologies, such as blockchain. 

On May 2, Square Enix announced the sale of its Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal studios, which were responsible for many of the company’s well-known IPs. The Embrace Group paid $300 million for the companies.

Square Enix has a history of being enthusiastic in blockchain technology. The sale of the companies would “enable the launch of new businesses by going forward with investments in domains like as blockchain, AI, and the cloud,” according to the release.

The firm announced a partnership with double jump.t okyo concentrating on producing NFT content. This was completed almost a year ago, but no changes have been made since then.

The gaming community’s reaction has been one of dissatisfaction and criticism. Many people do not believe that blockchain technology can be used in video games.

The Tomb Raider franchise is one of the most well-known in the game business. It has inspired films and has become a trademark in the industry. And, given how video game firms are becoming more interested in new technology, it’s possible that other well-known titles will consider using NFTs.

However, there has been some opposition. Blockchain technology and NFTs, according to gamers, are either a fad or will not improve the gaming experience. Developers are hesitant as well, with some stating that they will not use blockchain technology and others rethinking their decisions to employ NFT in the wake of public criticism.

Although video game developers and publishers have argued over the subject of blockchain integration, attempts by Square Enix and others show that enthusiasm exists.

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