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Square Enix CEO Unveils Plans to Launch Metaverse

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More and more NFTs and money-making games are gaining ground. As a result, several technology companies are targeting the blockchain path. Square Enix, one of the biggest game developers in the world has revealed its plans to enter the Metaverse. The company is responsible for hits like Life is Strange, Final Fantasy and Tomb Raider.

Last Saturday, Yosuke Matsuda, CEO of Square Enix, revealed the company’s intentions for the blockchain and NFT spheres.

In his letter, Matsuda said he hopes 2022 will be a year for the metaverse. According to him, breaking geographical boundaries in the virtual world will be able to connect people even more.

He thinks virtual reality technology, the growing use of cloud computing and 5G will lead to the existence of the metaverse. In discussing the concept, Matsuda wrote:

As this abstract concept begins to take the form of product and service offerings, I hope it will generate changes that will also have a more substantial impact on our business.

Shanghai includes metaverse in city plans

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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