NFT: Animoca Brands and Square Enix join forces to conquer the meta-verse

The great maneuvers in the 10ᵉ art – The video game area has been booming for several years. Mobile games, virtual reality, metaverse, play to earn, NFT or Web3, all of these concepts have revolutionized a practice that no longer only concerns a few teens in their room. Millions of dollars are pouring in, companies are sharpening their weapons and the blockchain is opening up gigantic prospects. Animoca brands and Square-Enix are two big names in NFT and game and they have just announced a collaboration for 2022. Chronicles of an Arranged Marriage.

A sensible marriage between two giants …

The Japanese video game giant Square-Enix recently published its quarterly accounts – “Q1 earnings report” in economic jargon. In this document, the holding company – among other – franchise Final Fantasy details of its investment areas for the coming year. And these are NFT which is the core of the project. In fact, after the success of the game Shi-San-Sei Million Arthurthe creators of DragonQuest and Kingdom hearts want to invest even more in NFTs and expand them to a large part of their catalog.

And to do this, they have just announced a partnership with Animoca brands. Does it ring a bell? And if I tell you Sandboxes ? Or Axie Infinity ? NBA top shot ? Always nothing? What if I tell you Disney, World Wrestling Entertainment or The Walking Dead? Or Snoop Dogg, Moto GP or Power Ranger? Yes, you understand that, it’s one huge not only from the NFT sector and intellectual propertybut also mobile video games and play to earn.

The CEO of Animoca Brands is very honored about the partnership with Square Enix – Source: Yat Siu’s Twitter

>> Create a winning partnership by registering on the reference to FTX crypto exchanges (associated link) <

… To conquer Web3 and gaming NFTs

Sqaure Enix thus plans to use Animoca Brand’s competencies for Web3 and of metavers to develop their own industry. On the agenda: the establishment of a regulatory framework ready to continue marketing NFT products. But there is also the creation of a venture capital subsidiary to invest in other projects in the sector. And finally, they envision the creation of a unit abroad that will trade to issue, manage and invest [leurs] own tokens ».

Speaking to Cointelegraph, CEO of Animoca – Yat Siu – said about the partnership and the future:

“Square Enix has been talking about the potential of blockchain-based games for a long time. They are therefore better placed than most traditional video game giants.”

Both companies have overlapping interestsExplain Square Enix CEO – Yosuke matsuda – in its quarterly presentation. The axes of common development revolve around blockchain monetization, artificial intelligence and cloud. that ultimate goals ? Create the first video game based on these technologies, which will be very public and massively multiplayer. And this while mixing the concepts about play to earn and NFTs. And everyone benefited “high quality graphics for a great gaming experience”.

It is Dino Tomic, an artist who works especially for Square Enix, who explains to us that whoever will succeed will be big winner of the sector. The race is underway between all the actors in the ecosystem to be better positioned in this new market. And when we see millions of dollars which is lifted every week, we say competition is set to get tough. At your control … get ready, go!

When the funds are interested in a sector, it is generally a really good track to follow for your investments! In order not to miss the opportunity of his life, sign up without delay on the FTX reference cryptocurrency exchange platform and take advantage of a lifetime discount on your trading fees (attached link, see terms and conditions on the official website).

Leave a Comment