Square Enix, 80 Percent Owned by Jack Dorsey, Shares a New Year’s Letter

Yosuke Matsuda, President of Japan-based game development company Square Enix, shared a new year letter about metaverse, NFT and blockchain games.

80% of of Jack Dorsey square Square Enix, owned by the company, renamed Facebook ‘META’ in October. to change Based on this, “this is why the word metaverse is not just a trend word. proof that change is permanent demonstrated.” said.

Square Enix said in the letter that it, Sega, EA, and Ubisoft, as well as companies like these, are committed to NFTs and blockchain-based games. from your interests He mentioned that he thinks it is risky to overvalue some of these digital products.

Saying that another term that has gained value rapidly this year is Non-fungible token (NFT), Matsuda said that NFTs using blockchain technology are highly at high prices worldwide as a result of of talking stated to increase.

Matsuda wrote in the letter:

Making 2021 not only the year of the Metaverse, but also year of NFT I see it as.

said.

Lastly, talking about blockchain games, President Matsuda said, “Blockchain games, which have come out of the startup period and are currently in a growth phase, are built on the token economy, thus producing games that can be self-valued as they are liked. I see the “play to win” model that gets people excited as the best example of that.” said.

Matsuda encourages creativity with different models, such as play for fun or play to win. will inspire He said he hoped.

More and more cryptocurrencies acceptance what you seeSquare Enix’s own future your tokens He said he could create.

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