Final Fantasy 7 NFTs Are Coming Next Year

Square Enix is a big believer in “Web 3 gaming“, the integration of cryptocurrencies and NFTs into video games. On Wednesday it was announced that the company’s crown jewel, Final Fantasy 7, will get its own NFTs next year. Kind of. 

The nonfungible tokens (NFTs) Square Enix has in mind for Final Fantasy 7 are different from conventional NFTs.

The current trend is for artists and groups to release artwork sets of 5,000 to 20,000 NFTs, which can be used as profile pictures on social media. Bored Ape Yacht Club is the most famous example of this, but there are many more successful collections of this ilk.  Square Enix isn’t going this route. Instead, the NFTs will be tied into physical merchandise the Japanese gaming giant is releasing next year.

To celebrate Final Fantasy 7’s 25th anniversary, Square Enix will next year release a trading card set and a figuring of Cloud Strife. Those who buy packets of the trading card will be able to redeem a virtual version, which will exist as an NFT. Similarly, the £160 Digital Plus Edition of the Cloud Strife figuring will come with an NFT version of the toy.

The NFTs will be built on Polkadot, a blockchain that’s significantly more environmentally friendly that industry leaders bitcoin and ether.  Square Enix has several times stated its interest in harnessing the blockchain for gaming. In May it sold several western development studios, including Tomb Raider-maker Crystal Dynamics, in part to fund its blockchain adoption.

In his new year’s letter to investors and customers, Square Enix’s president, Yosuke Matsuda, acknowledged that the NFT market is “overheated,” but wrote that games featuring token economies can usher in a new era of user-generated content.

Square Enix, despite the majority of their audience disapproving it, have decided to adopt NFTs and blockchain. As it stands, I won’t be consuming any of their products that contain NFTs even if it’s Dragon Quest

— james ? (@souIstyce) July 21, 2022

To facilitate this extraordinary waste of fans’ good-will, Square Enix has partnered with Enjin, an NFT company that will store Square Enix’s tokens on its Efinity blockchain.

— William (@jxieeducation) July 21, 2022

Blockchain-powered gaming is already a huge moneymaker, just not from traditional gaming companies. Yuga Labs in April made £320 million selling land for its upcoming metaverse game in just three hours.

Traditional gaming audiences reject the idea, however. Ubisoft integrated NFTs into Ghost Recon Breakpoint in December, but the announcement trailer received so much criticism that the company took it down from YouTube. Similar blowback caused GSM Game World to scrap NFTs in its STALKER 2 game just 36 hours after revealing plans to integrate them.

Traditional gaming audiences reject the idea, however.

Ubisoft integrated NFTs into Ghost Recon Breakpoint in December, but the announcement trailer received so much criticism that the company took it down from YouTube.

Similar blowback caused GSM Game World to scrap NFTs in its STALKER 2 game just 36 hours after revealing plans to integrate them.

Tags:

crocus listed on couponmatrix.ukholiday-inn listed on couponmatrix.ukmango listed on couponmatrix.ukomio listed on couponmatrix.ukqhotels listed on couponmatrix.ukwickes listed on couponmatrix.uk
crocus listed on couponmatrix.ukGet your green thumb at the ready and prepare to bag yourself a bunch of bargains from Crocus, the UK’s largest online gardening website. With more than 4,000 different species of plant to choose from, you’ll be spoilt for choice when it comes to making your garden grow. Remember to add a Crocus discount code from us to your haul of Crocus bulbs, shrubs, and blooms, and you could rake in the savings while giving your window box, garden or back yard a boost.
holiday-inn listed on couponmatrix.ukWhen it’s time to rest your weary head, there’s always a Holiday Inn around the corner with warm beds and soft sheets. A staple of roadside convenience for over a half century, a Holiday Inn discount code is sure to give you the deep night’s sleep you yearn for without taking a big bite from the monthly budget. Ideal for far away family visits, business trips and emergency accommodation alike, Holiday Inn are always here to help.
mango listed on couponmatrix.ukEnhance your personal style and sophistication with Mediterranean-inspired clothing from Mango. Explore the uniquely feminine collection and update your wardrobe with timeless colours, cuts and patterns. Fill up your shopping basket for less with a Mango discount code and debut a look that’s both comfortable and stylish. From traditionally tailored pieces to laid-back lounge-wear, Mango will take your look from day to night effortlessly.
omio listed on couponmatrix.ukWhatever new horizons you seek to explore, Omio has the means to help you get there. Acting as a booking tool for trains, planes, coaches and ferries to locations worldwide, all you need to reach your dream destination for less is the latest Omio discount code. Hosting hundreds of possible locales in Europe and beyond, Omio has rapidly risen to become the go-to for occasional travellers and frequent flyers alike.
qhotels listed on couponmatrix.ukLooking to add a little luxury to your next holiday stay? Book with QHotels and you could be living the VIP experience in a 4-star hotel of your dreams - without having to spend a fortune. Make a booking with a handy QHotels offer and you’ll not only have a high-comfort room fit for an A-lister but also access to great facilities, including spas, golf courses, castle adventures and more!
wickes listed on couponmatrix.ukWe all like to keep our house in order all year round with help from Wickes. Whether you're looking for DIY advice, a new Wickes kitchen or a simply lick of paint, choose a Wickes discount code from Groupon and find it all for less. No project is too big or too costly, whether you are redecorating, renovating or working on your garden, simply discover the many ways that Wickes can help you to improve your home for less.