Square Enix has finally acted on its Web3 plans by launching NFTs based on the Final Fantasy VII game on the Efinity blockchain.
Square Enix and Web3
Square Enix has launched its inaugural NFT project on the Efinity blockchain. The leading video game developer has partnered with Enjin to create NFTs based on its popular “Final Fantasy VII” game.
Who’s ready for a MILESTONE?? 🔑 🗡️
25 years ago we were treated to one of the most beloved games EVER, in #FinalFantasyVII #FFVII25th ☁️
Enjin is proud to partner with @SquareEnix on a series of collectible cards and figures.
Read more here 👉: https://t.co/U8WlivyCXb
— Enjin (@enjin) July 21, 2022
This is not Square Enix’s first project since it announced its intention to foray into Web3. The creator of the Final Fantasy game series previously partnered with leading Web3 gaming company The Sandbox to bring the game Dungeon Siege to the metaverse.
More recently, Square Enix sold one of its most popular game IPs, Tomb Raider, along with several others to Embracer Group in a deal worth $300 million. At the time, Square Enix said it wanted to focus on blockchain games.
And now, it is starting to implement the new strategy by bringing non-fungible tokens (NFTs) to Final Fantasy VII, a remake of the iconic game series that will be released in 2020.
Starting July 21, NFT enthusiasts will be able to pre-purchase physical action figures that come with codes redeemable for NFT.
The company also plans to release digital cards that come with redeemable NFT later this year.
Final Fantasy VII imagines dying worlds in which freedom fighters battle against large corporations to stop them from wiping out the planet.
The company has taken into account the game’s storyline by avoiding blockchains that consume large amounts of energy.
Square Enix and Enjin
Square Enix has chosen Enjin’s Layer 1 blockchain to ensure that its carbon footprint does not go against what the characters in its famous video game are trying to achieve, saving the planet.
So what happens when Steam bans your game just for including #NFTs?
Chris Loverme dropped by The Enjin Room to talk about the Steam saga, @AgeofRust's new update, and cross-game item adoption.
Full ep: https://t.co/5uUaLGNAJx pic.twitter.com/NwLCw6PeCi
— Enjin (@enjin) July 22, 2022
Since the transition from conventional gaming to blockchain became a trend, several video game studios have opted not to make the switch. And in some instances, those that embraced blockchain-enabled gaming have faced significant backlash from their communities.
Some, like GSC Game World’s intention to add NFT to S.T.A.L.L.K.E.R.2, have had to backtrack on their plans, while others, like Netmarble on Ni No Kuni, have stayed the course.
Ubisoft’s plans to introduce cryptocurrencies in the Ghost Recon game also seem to have stalled after constant community pressure.
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