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

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Leave a Reply

Your email address will not be published.