President and Representative Square Enix, Yosuke Matsuda wrote a New Year's letter in which he spoke about inflation around the world and noted that 2023 is a landmark year, as it marks the 20-year history of how Enix and Square merged.
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Yosuke Matsuda sees the instability around the metaverse over the past two years as a step in a process that will lead to rules and business transparency. Yosuke acknowledged that the blockchain entertainment industry has benefited from this period of instability.
In a New Year's letter, Yosuke Matsuda talks about participating Square Enix in Web3. He talks about business plans where their main investment is blockchain entertainment. It is in this area that they allocate financial resources and business development efforts.
Yosuke Matsuda noted the Japanese government's support for Web3. In June 2022, the Japanese cabinet signed a plan that includes support for the use of NFTs and other Blockchain technologies. In addition, the Japan Digital Agency will release a Web3 study group.
Matsuda said that several crypto games based on original intellectual property are currently being developed Square Enix. Last year, users were shown the project symbiogenesis. Expected that Symbiogenesis, created in its own universe with a significant array of symbiotic characters that can be collected as digital art, will launch its browser service in 2023.
The Japanese publisher has a busy year ahead, in which a lot depends on Final Fantasy XVI, the game continues to carry the evolution of the RPG genre in Japan, with a PS5 release scheduled for Q4 2023.
People on forums and social networks believe the rumors that Sony will buy Square EnixThese rumors have been circulating for ages. Since Matsuda's letter, the rumors have circulated again, as consolidation has long been equated with new management and turning the business into something more attractive to potential buyers.
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