Square Enix Plans to Launch Blockchain Games Next Fiscal Year, Says CEO

Square Enix CEO Yosuke Matsuda has said that the publisher will release its new blockchain games on the 23rd/24th.

The statement comes in the wake of the disappointing result of Square Enix’s latest release, Forspoken, whose game performance was described as “lackluster”. Despite the poor performance, Square Enix still hopes that its blockchain games will become more successful.

Information comes through a Communication of financial results which was released today but dates back to February 3, 2023. During the Q&A segment, Yosuke Matsuda was asked about Square Enix’s projected growth for 2024/3, to which he replied:

“Important game releases are not only focused on 2024/3. We have organized our pipeline so that we have good spread for new releases also in FY2025/3 and beyond. We also hope you look forward to the blockchain games we plan to release in 2024/3 and beyond.”

Several gaming companies have explored NFT and blockchain technology in the past, and Ubisoft has been the most public about their NFT research and subsequent failures. Announced in early 2022, Ubisoft Quartz was the first big announcement for publishers exploring NFT technology, but the idea seemed to fade after the first NFT release of Ghost Recon Breakpoint.

It’s unclear what Square Enix’s approach will be with NFT and blockchain technology, but the idea doesn’t seem to be going away anytime soon. Recently, Dr. Disrespect recently called out NFT opponents “brain dead title followers” because he doesn’t believe in the possibilities of blockchain technology while the streamer is working on his own NFT game called Deaddrop.

Do you think NFT and blockchain technology will work in gaming in the future?

For more information about Insider Gaming, see the news Dead Island 2 previews coming next week – early game details revealed

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