According to non-fungible token company (NFT) Enjin, the company has signed a deal with Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th anniversary cards and figures on the Efinity cross-chain network platform.
Japanese software developer Square Enix will release Final Fantasy non-fungible token assets next year
Square Enix plans to release NFTs related to the company’s most popular video game series, Final Fantasy, in 2023, according to a press announcement from Enjin. The Final Fantasy (FF) video game series was released in 1987, and 16 FF-themed games have been released since then. The FF video games were commercially successful and the 150 million copies sold gave Square Enix about $ 13 billion in revenue. The Japanese entertainment conglomerate has been interested in entering the blockchain and NFT space for quite some time.
Two days ago, Square Enix participated in a $ 35 million funding round for fintech and bitcoin payments company Zebedee. According to Enjin’s announcement on July 21, Square Enix and Enjin will release a collection of Final Fantasy NFTs in 2023. Although the FF NFT series won’t be released until next year, people can pre-order the commemorative action figure today at the Square. Enix Store. “The deluxe physical product will include a code that can be redeemed for a digital version of the figure using the Efinity network, a next-generation blockchain for NFT, powered by Enjin,” the Singapore-based company explained. “The pre-orders for the stickers will be active by the end of the year”.
Enjin’s announcement follows Mojang Studios banning Blockchain and NFT: Square Enix’s Final Fantasy digital collectibles to use Efinity, Open Platform Toolkit, Nft.io, Enjin Wallet and Enjin Beam
Enjin was the first NFT company to be accepted by the United Nations (UN) Global Compact. The company has also partnered with Microsoft to create “Microsoft Azure Heroes” and blockchain awards. At the time, the people with Microsoft and Enjin’s Learner NFT were integrated with the Minecraft game, and at the time, the badge holders got exclusive access to the “Mymetaverse Minecraft Network”. However, on July 20, 2022, Mojang Studios, a Microsoft game development subsidiary, said blockchain and NFT technologies are now banned from any Mojang server and Minecraft game in general.
Enjin says its digital collectible products are made for “eco-conscious blockchain developers, investors and users”. The Efinity platform runs on top of the Polkadot network and Enjin says the company is committed to being carbon neutral by 2030. Square Enix is leveraging Enjin’s Open Platform toolkit to launch the Final Fantasy VII NFT collection. The NFTs of the video game developer can be hosted on Enjin Wallet, on the web portal nft.io and also on the Enjin’s Beam product.
What do you think of Enjin’s collaboration with Square Enix to drop Final Fantasy NFT next year? Let us know what you think about this topic in the comments section below.
Image credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, nor a recommendation or endorsement of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.