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Square Enix President Knows You Hate NFTs Because You “Play To Have Fun”


Picture: Sq. Enix

NFTs have been a scorching subject throughout 2021, and the New Yr’s letter from Sq. Enix president Yosuke Matsuda is simply going so as to add to that noise.

Matsuda’s letter – which you’ll learn right here – touches upon a variety of matters, together with cloud gaming, AI and “the metaverse”, however he devotes a very giant portion to NFTs and cryptocurrency, and the way they will influence gaming.

He notes that individuals who play video games for “enjoyable” are at present against the introduction of NFTs – however he believes they’ll grow to be a giant a part of gaming’s future:

I understand that some individuals who “play to have enjoyable” and who at present kind nearly all of gamers have voiced their reservations towards these new developments, and understandably so. Nonetheless, I imagine that there will probably be a sure variety of folks whose motivation is to “play to contribute,” by which I imply to assist make the sport extra thrilling. Conventional gaming has supplied no express incentive to this latter group of individuals, who had been motivated strictly by such inconsistent private emotions as goodwill and volunteer spirit. This truth isn’t unrelated to the restrictions of present UGC (user-generated content material). UGC has been introduced into being solely due to people’ want for self-expression and never as a result of any express incentive existed to reward them for his or her artistic efforts. I see this as one purpose that there haven’t been as many main game-changing content material that had been consumer generated as one would count on.

Nonetheless, with advances in token economies, customers will probably be supplied with express incentives, thereby ensuing not solely in larger consistency of their motivation, but additionally making a tangible upside to their artistic efforts. I imagine that this can result in extra folks devoting themselves to such efforts and to larger prospects of video games rising in thrilling methods. From having enjoyable to incomes to contributing, all kinds of motivations will encourage folks to interact with video games and join with each other. It’s blockchain-based tokens that can allow this. By designing viable token economies into our video games, we’ll allow self-sustaining sport development. It’s exactly this type of ecosystem that lies on the coronary heart of what I check with as “decentralized gaming,” and I hope that this turns into a serious pattern in gaming going ahead.

Sq. Enix has beforehand dabbled within the sale of particular NFTs, and is joined by the likes of Sega, Ubisoft and EA in trying on the idea of blockchain gaming and cryptocurrency in a optimistic mild.

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