In an extensive open letter for the New Year Square Enix President Yosuke Matsuda has addressed a wide range of technologies from “Metaverse” to cloud gameplay to AI, but the bulk of the letter focuses on a personal craze for blockchain tokens. While Matsuda doesn’t specifically state that Square Enix will be adding NFTs to any particular game, Matsuda says the company is keeping a close eye on technology and “will step up our business development efforts accordingly, with a view to potential releases.” our own tokens in the future. “
Most of all, Matsuda admits that a lot of people don’t like the idea of tiny, stubborn, microtransactions becoming a staple part of their games. “I understand that some people who ‘play for fun’ who are the majority of gamers right now have expressed reservations about these new trends and that’s understandable,” he writes.
Nonetheless, he is wholeheartedly enthusiastic about the idea that the token economy will provide those who “gamble to contribute” with an explicit incentive that goes beyond “such inconsistent personal feelings as benevolence and volunteering.” In short, Matsuda regards the creative contributions and user-generated content of gaming communities as inadequately systematized and presumably monetized.
Despite these grandiose claims and wishes, Matusda does not provide any evidence or explanations as to how blockchain and token technologies can actually implement his great vision for “decentralized gaming” or “self-sustaining game growth”.
The response to the letter on social media has assumed a predictably bitter tone, as the majority of “gamble for fun” people voice “reservations” aloud in different ways. Some suggest that tokenization of gameplay will allow concepts such as “play-to-earn” to penetrate the gaming industry, while others question the environmental impact of blockchain technologies. Others, like our own Wes Fenlon, want to remind everyone of this The corporate vision of the Metaverse is absolute horse hockey.
In the letter, Matsuda only very briefly admits one of these points of criticism and states that “here and there we observe examples of overheated trading in NFT-based digital goods with somewhat speculative undertones, regardless of the observed value of the content provided, is not an ideal situation . “It’s a very reserved and perhaps naive way of describing the almost exclusively speculative nature of the cryptocurrency and NFT markets.
Matsuda’s letter is not uncommon in the area of large public corporations who want investors to be kept as informed as to what might affect their area. You can read the entire letter on the Square Enix corporate website.