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Square Enix sink into partnership with “environmentally-friendly” blockchain firm OasysThey join Sega and Bandai Namco as so-called “validators”
They join Sega and Bandai Namco as so-called “validators”
Square Enixare taking more steps to implement the controversial blockchain technology in their games. Squeenix have teamed with blockchain company Oasys, who describe themselves as “environmentally-friendly”. This is because of their less energy-intensive “proof-of-stake” mechanism compared to “proof-of-work” methods such as those used in Bitcoin mining. Oasys’s plans fits with Squeenix’s intention to develop tokenised economies built on blockchain in their future games.
Square Enix are just one of a number of games companies to invest in Oasys’s platform so far. Bandai Namco,SegaandUbisoftare some of the biggies who’ve jumped aboard toinvestin Oasys as “validators”. Squeenix and Oasys say their deal will allow them to “explore the feasibility of harnessing user contributions” when developing new games on the blockchain. Oh happy day.
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The deal between Square Enix and Oasys is the most recent move along the publisher’s very insistent blockchain journey. At the start of 2022, the company’s president Yosuke Matsudaissueda New Year letter that talked up fuzzy new-age tech such as NFTs, blockchain and the metaverse, along with the slightly more sensible cloud gaming. At the time, Matsuda didn’t seem to know how they’d go about achieving that blockchain future. Mucking about withFinal Fantasy 7 NFTsfor the game’s 25th anniversary didn’t help matters.
I don’t fancy blockchain and NFTs much. They honk of an Emperor’s New Clothes mentality in the upper echelons of the games industry for one thing. Theenvironmental implicationsof some of these technologies sound pretty bloomin’ awful too. Increasingly though, it seems that it’s just a matter of time until big publishers decide to shoehorn blockchain into their games.
