Square Enix, a well-established and renowned gaming company, has revealed its intentions of expanding its presence in blockchain-oriented gaming for this year. Yosuke Matsuda, the company's president, spent the majority of a recent letter addressing "decentralized gaming", exclaiming high hopes of this becoming a key trend for the gaming sector moving forward.
Blockchain game technologies already exist, and there has lately been a surge in societal literacy along with overall acceptance of cryptocurrency assets as well. Some of the more well-known blockchain gaming projects include the likes of The Sandbox (SAND) and Axie Infinity (AXS).
President Matsuda thus stated that his company shall be keeping an eye on social trends in this sector from now on, in addition to observing the various user groups who occupy it along with scaling up Square Enix's efforts to further develop the company appropriately, with the end-goal of perhaps releasing their own respective tokens in the near future.
President Matsuda also stated that as popular as NFTs have become recently, there are still many gamers who remain hesitant to become involved with these non-fungible tokens.