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Square Enix President says keeping a close eye on NFTs
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Japanese entertainment company Square Enix president Yosuke Matsuda sees non-fungible tokens (NFTs) playing a role in the gaming industry and rationalising costs as their use grows.
In an open letter to fans, Matsuda talked about some 2021 trends and laid down a roadmap of where the gaming wished to go in 2022.
Metaverse was the buzzword in the tech world in 2021 and hasn't escaped Matsuda's attention. He said that Facebook changing its name to Meta was a sign that the term was more than a buzzword.
He called 2021 "Metaverse: Year One" and "NFTs: Year One". Matsuda foresees "eventual right-sizing in digital goods deals” as they become more commonplace, with the value of NFT prices correcting to their real worth.
He acknowledged skepticism and
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