"Metaverse, NFT, and Blockchain Are Here To Stay" Says Yosuke Matsuda, President Of 'Square Enix'
Square Enix President Yosuke Matsuda’ has given a hint about the Metaverse, NFT, and Blockchain is in its 1st year 2021.
The popularity of Metaverse and other such platforms is increasing day by day. Recently the President of Enix Square has given a letter in which it is mentioned that Metaverse and NFTs are here to stay.
Highlighted Facts
- The new letter published by Yosuke Matsuda reveals the plan of the company in detail.
- The Enix’s President says that the Metaverse will become the commercial product in 2022.
- He has a business vision in the NFTs as a significant business opportunity.
Read More: Metaverse not 'Compelling' and Web3 'More Marketing than Reality': Elon Musk Said
Yosuke Matsuda has released a message on the Eve of New Year, in which he mentioned the vision of the company and also told that the Metaverse and NFTs are not merely a word only but these digital platforms and technologies are going to stay.
He also said that these were like a buzzing sound in 2021 but after Facebook has owned the platforms these are not going to stay in 2022. And the name that has been changed from Facebook to ‘Meta’ and that’s why it is not merely a buzzing market word. He also said that this will going to be the commercial product of 2022 and might have an ending that may behave some applicability to Square Enix in the future.
Yosuke Matsuda’s word
“The Metaverse will likely see a meaningful transition to a business phase in 2022, with a wide range of service appearing on the scene as this abstract concept begins to take concrete shape in the form of product and service offering, I am hoping that it will bring about changes that have a more substantial impact on our business as well”.
Also for specifically for NFTs, Yosuke said that these are more significant business opportunities he also told that the Gamers community are not thrilled by NFTs and Metaverses and they are not for ‘play to have fun and also these are not designed for this field. But, instead, he has the belief that these platforms are more likely will be the incentive for “Play to Contribute “gamers. He also told that these platforms are not designed to make yourself a self-satisfactory weapon and expect them to make you the satisfy instead they are for the development of such platforms and use for business purposes.
He included a key term in its letter that says “play to earn” acts as a prime example of how Blockchain and NFT ‘tokens economy’ may open the door of “self-sustaining” growth. The term “Pay to earn” is a term that has been used by many others NFTs platforms to tell gamers that how they can buy or sell their NFT commodity.
He also said that he believes that at some point “eventual right-sizing” will occur.
