Enjin & Square Enix Launch Final Fantasy Collectibles

Square Enix teams up with Enjin to release Final Fantasy collectibles. The Final Fantasy VII 25th anniversary figures are available for pre-order at the store, and the digital collectibles will be available to all in 2023. Square Enix, a game development company, has teamed up with Enjin to release a digital and physical collection of Final Fantasy VII, a popular video game series. Enjin stated in the announcement that in order to obtain the NFT, fans must pre-order the Final Fantasy VII 25th anniversary product from the Square Enix Store. The products will include a code for the digital collectible counterpart, which will be redeemable in 2023 on the NFT platform Efinity.

According to Enjin CTO, Witek Radomski, the partnership will have a significant impact on the digital assets and entertainment industries, in part because Square Enix is paving the way for other gaming companies. The gaming behemoth revealed plans to issue tokens and invest in the Web3 gaming space. As part of its 2022 business strategy, the company stated that it will launch more NFTs featuring the games, so the success of the venture into NFTs pushed the company to pursue even more initiatives in the blockchain space.

In 2020, the game development company led an investment round for the Sandbox, and with the help of Square Enix and other investors, the Sandbox was able to raise $2 million in cash as well as cryptocurrency. According to the chief technology officer of Enjin, once the bear market subsides and blockchain gaming emerges, more developers will create enjoyable games using NFT utilities. Meanwhile, experts disagree on the role of virtual reality in the Metaverse; while most believe that the Metaverse and VR are a natural fit, others believe that the two should develop independently.

Square Enix, as previously reported, plans to issue tokens and invest more in Web3 gaming

in order to reshape its business strategy and include a robust NFT ecosystem by investing in blockchain gaming infrastructure. Square Enix has been around for a while. As part of the Square Enix group of companies, Square Enix Ltd. develops, publishes, distributes, and licenses SQUARE ENIX®, EIDOS®, and TAITO® branded entertainment content in Europe and other PAL territories. In addition, Square Enix Ltd. has a global network of leading development studios such as Crystal Dynamics® and Eidos Montréal®. FINAL FANTASY®, which has sold over 159 million units worldwide; DRAGON QUEST®, which has sold over 82 million units worldwide; TOMB RAIDER®, which has sold over 81 million units worldwide; and the legendary SPACE INVADERS® are all part of the Square Enix group of companies. Square Enix Ltd. is a wholly owned subsidiary of Square Enix Holdings Co., Ltd. based in London.

Enjin is a distributed team with members from five continents and 20 countries who are united by a desire to create futuristic, world-class products. Enjin believes that blockchain and non-fungible tokens (NFTs) are not only the future of digital ownership, but also of our entire world.

They are the innovators of this technology, and they believe it is their duty to ensure that the future of NFTs is sustainable and equitable for all participants.

With the environment at the forefront of the NFT conversation, they’ve taken important steps by launching a carbon-negative blockchain and joining the Crypto Climate Accord.

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In collaboration with the United Nations Interregional Crime and Justice Research Institute, they have also begun to investigate how blockchain can be used to assist vulnerable communities in a post-pandemic world (UNICRI).

Square Enix has the merchandise and Enjin has the platform. This could be a match made in heaven.