After initially stating that the cash Sq. Enix would obtain from promoting Eidos Montreal, Crystal Dynamics and Sq. Enix Montreal was to be invested into NFTs, it appears the writer has opted not to do this.
Within the studio’s most up-to-date monetary report, which, now having been translated into English has make clear multiple reveal, president Yosuke Matsuda particulars the writer’s change of coronary heart.
“Somewhat than utilizing the proceeds from the divestiture in new funding domains resembling NFT and blockchains, we intend to make use of them primarily to fund our efforts to foster strong IP and to boost our growth capabilities in our core Digital Leisure section.”
That doesn’t imply Sq. Enix is out of the NFT or blockchain enterprise in fact, simply that it’ll as a substitute flip to fund elevating with a purpose to finance these efforts.
For gamers not less than, that is excellent news. Sq. nonetheless holds the rights to loads of the preferred franchises in gaming as we speak, so it’s good to listen to it’ll be additional investing into strengthening its portfolio additional, particularly with new IP.
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