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Gungun Bhatia
Sep 12, 2022
by Gungun Bhatia

Square Enix Joins Oasys Gaming Blockchain as a Validator

Square Enix

Table of contents

  1. Launch Of Blockchain Entertainment Business Division
  2. Disapproval Of Blockchain Gaming
Before the public launch of Oasys later this year, Square Enix joined the gaming blockchain as its final initial validator. It integrates with a group of 20 other initial node validators, including SEGA, Bandai Namco, and other well-known Japanese game companies, and Ubisoft, Yield Guild Games, WeMade, NEOWIZ, Netmarble, and Com2Us.

The two also intend to investigate if it is feasible to employ user contributions in creating new games on the Oasys blockchain, according to a statement from the business.

Launch Of Blockchain Entertainment Business Division

Earlier this year, Square Enix declared that investigating the creation of decentralized games would be a key strategic focus for the business moving ahead. It debuted a branch for Blockchain Entertainment Business in April.

Square Enix and the other game validators join the other Web2 gaming giants, considering blockchain. In June, Epic Games announced that its first blockchain game would be available on its store later that year. It most recently provided funding for the Play-to-Earn (P2E) racing game using blockchain technology by Grease Monkey Games, a division of Animoca Brands.

Several other game development studios continue to be hostile to the blockchain, despite several players exploring the waters. Square Enix's most recent statement comes just after Mojang Studios, the company that created Minecraft, restricted access to its platform for NFT-related projects.

Disapproval Of Blockchain Gaming

Leaders in the game industry, including CEO of Microsoft's gaming division Phil Spencer and president of Valve, Gabe Newell, have also expressed disapproval of blockchain gaming. Last month, the latter said that gamers don't understand the metaverse since its proponents support supposedly "new" technology that has been around for a long time.

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Square Enix Joins Oasys Gaming Blockchain as a Validator
Gungun Bhatia
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.

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