Gaming And Media Company To Invest In Web3 - News Summed Up

Gaming And Media Company To Invest In Web3


(Photo by Chesnot/Getty Images) Getty ImagesGaming developer and media company, Square Enix, is set to create a robust ecosystem utilizing blockchain and NFTs across its gaming assets as part of its ongoing business strategy in 2022 and beyond. According to its latest earnings report, Square Enix currently has $3 billion in assets under management. Animoca Brands, a venture capital firm specializing in gaming and web3, is partnering with Square Enix to develop its plans. New game Samurai Saga is a blockchain-based game that lets users purchase NFTs to gain access to their play-to-earn game. Something that will most likely not apply to a company like Square Enix with its profitability and market recognition.


Source: Forbes May 31, 2022 18:33 UTC



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