Square Enix enters the world of blockchain | Tomb Raider sells for…

Square Enix Betting on everything (or almost everything) on ​​the blockchain. The Japanese giant recently announced that it wants to sell entire production divisions to invest heavily in them New projects based on blockchain technology. The sale should guarantee a return of 300 million In dollars, which will come directly from the coffers of the buyer Embracer Group.

Loud names in the traditional gaming scene, which are worth stopping by to give an idea of ​​who we’re talking about. Square Enix, for those who fast for video games, has titles like Tomb riderKane’s legacy, a thief, Deus EX. The aforementioned properties will be sold along with some operating branches to raise funds and finance the crypto-transformation of the Japanese holding.

Twist from Square Enix

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Square Enix sells (almost everything) to invest in blockchain

Square Enix was sold to the Embracer Group 50 titles game and branches Square Enix Montreal, Eidos Montreal and Crystal Dynamics. The amount has been set at $300 million, with the deal expected to close By next fall.

In the Tokyo game plans, the proceeds will go to financing Investments in artificial intelligence especially blockchain. This will encourage automatic content creation by users, and open doors for the exchange of digital assets on the gaming platform.

This wouldn’t be the first for Square Enix, it really is In 2020, NFTs . launched at the address Million Arthur. The Japanese started taking their first steps into the gaming and blockchain world in the same year, with an investment $2 million in Animoca Brandsthe game house among investors in sand.

So it seems that the sale we are talking about today is responding to him well-defined strategy. The massive change in structure that Square Enix planned should make us think about how the relationships between the games And cryptocurrencies are gradually strengthening. The link is almost unsolvable, and the implications of it progress More than just an opportunity for investors and players, which often ends up concurrently. All this despite the strong resistance of the players, which is sometimes justified due to the undistinguished applications by different houses.

Square Enix is ​​ready to lead the crypto dance

Not long ago, we published the news about Square Enix encryption hack. Japanese house moves are included in A job that many people likeAnd above all, it is in a state of constant fermentation. When video games and blockchain intersect, the excitement of investors doesn’t take long to show itself, with great anticipation as to what infrastructure will be selected by the Japanese giant.

Sandbox continues to attract investors Globally, the old gaming giants cannot stay out of the new business model. We have already told you about Ubisoft struggles with Tezosand the events discussed Ghost Recon In terms of central. With NFT and games, we’re only at the beginning – and in all likelihood, also thanks to the entry Square In this sector, we will soon see some good things.

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