Nifty News: Square Enix invests into NFT gaming firm, Beeple speaks on NFT art future and more…

NFT-friendly Japanese gaming giant Square Enix has invested 7 billion yen ($52.7 million) into game developer Gumi to create “high-quality” mobile games, blockchain games and a Metaverse initiative, among other things. Gumi mobile games: Gumi According to a translation of the press release, the partnership will help Gumi tap certain intellectual property from Square Enix, while […]

Bandai Namco, SEGA among gaming giants eyeing blockchain gaming

Japanese gaming giants are positioning for mainstream blockchain game adoption, and will not be swayed by the section of gamers that are against crypto and nonfungible tokens (NFTs), an exec from the Oasys blockchain project told Cointelegraph. Speaking to Cointelegraph at the 2022 Tokyo Games Show last week, Oasys Representative Director Ryo Matsubara emphasized that […]

Final Fantasy creators join Oasys blockchain, gamers whine about it

Square Enix, the Japanese game developer behind the beloved Final Fantasy franchise has signed on as a node validator for blockchain gaming project Oasys, with the duo also teaming up to create blockchain games. The move has predictably been met with criticism from some crypto and NFT hating members of the gaming community, irritated that […]

Square Enix partners with Enjin to launch Final Fantasy VII collectibles

Game development giant Square Enix partnered with nonfungible token (NFT) platform Enjin (ENJ) to launch a digital and physical collection featuring Final Fantasy VII, a highly popular video game series.  In an announcement, Enjin said that to get the NFTs, fans must pre-order Final Fantasy VII’s 25th-anniversary products at Square Enix’s store. The products will […]

Square Enix to sell Tomb Raider franchise and invest in new initiatives such as blockchain

In a statement published on Monday, Japanese video game publisher Square Enix announced that it would be divesting its popular Tomb Raider franchise for $300 million and investing the proceeds into blockchain, artificial intelligence (AI), and cloud computing technologies.  The principal developer of Tomb Raider is Square Enix’s subsidiary Crystal Dynamics, which generated $92 million […]