Tuesday, July 5

Square Enix CEO Reveals His Plans For Blockchain, Metaverse, And NFT By CoinTelegraph

© Reuters Square Enix CEO reveals plans for blockchain, metaverse and NFT

Wider adoption of non-fungible tokens (NFTs) and money-making games may be on the way, as one of the world’s largest gaming companies sees them as the future of the industry.

Yosuke Matsuda, CEO of Square (NYSE 🙂 Enix, revealed the company’s intentions for the blockchain and NFT spheres in his New Years message on Saturday. In his letter, Matsuda begins with a discussion of the metaverse before noting that the renaming of Facebook (NASDAQ 🙂 to Meta is proof that the concept is not a passing fad. He hopes that 2022 will be a year of hype for the metaverse, as society slowly begins to embrace virtual worlds and their ability to connect people across geographic borders.

  • Is Facebook’s centralized metaverse a threat to the decentralized ecosystem?

He thinks that extended reality technology, the increasing use of cloud computing and 5G will lead to the existence of the metaverse. While discussing the concept, Matsuda wrote:

Read the full article on Cointelegraph

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Reference-es.investing.com

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