Square Enix has expressed an interest in expanding its blockchain video game offering. At the same time, the company reportedly has plans to end support for numerous titles.
Square Enix’s President, Yosuke Matsuda, released a letter on New Year’s Day explaining what the company’s plans will be for 2023. This not only includes a year of “major evolution and transformation,” but Matsuda also announced that the organization is developing “multiple blockchain games based on original IPs.”
“Our Group has multiple blockchain games based on original IPs under development, some of which we announced last year, and we are undertaking preparations that will enable us to unveil even more titles this year,” Matsuda wrote in the letter. “We are also engaged in global sourcing from an investment perspective and will continue to take stakes in promising businesses whether we find them in Japan or abroad. Blockchain has been an object of exhilaration and a source of turmoil, but with that in the rearview mirror, we hope that blockchain games will transition to a new stage of growth in 2023.”
Unfortunately, there is some bad news. Square Enix said that it will be shutting down support for The First Soldier on January 11th. Then, on February 28th, service will end for Bravely Default: Brilliant Lights.
Square Enix has been incredibly busy over the last 12 months. Last year, the company rocked the video game industry after it sold several studios and a catalog of IPs to Embracer Group for $300 million. That deal included hit franchises like Tomb Raider, Deus Ex, and Thief.