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According to NFT company Enjin, the firm has entered into an agreement 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 cross-chain network platform Efinity.
Square Enix plans to release NFTs related to the company’s most popular video game series Final Fantasy in 2023, according to a press release from Enjin. The Final Fantasy (FF) video game series was released in 1987 and 16 FF themed games have been published since then. The FF video games have been commercially successful and the 150 million copies sold have brought Square Enix around $13 billion in revenue. The Japanese entertainment conglomerate has been interested in entering the blockchain and NFT space for a long time.
Two days ago, Square Enix participated in a $35 million funding round for fintech and bitcoin payment firm Zebedee. According to Enjin’s announcement on July 21st, Square Enix and Enjin will release a Final Fantasy NFT collection in 2023. While the FF NFT series won’t be released until next year, people can pre-order the memorable 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 NFTs, powered by Enjin,” the Singapore company said. “Pre-orders for the trading cards will go live later this year.”
Enjin was the first NFT company to be accepted by the UN Global Compact. The company also teamed up with Microsoft to create “Microsoft Azure Heroes” and blockchain rewards. At the time, people with Microsoft and Enjin’s Learner NFTs were integrated with the Minecraft game, and at that time badge holders were given exclusive access to the “Mymetaverse Minecraft Network”. On July 20, 2022, Mojang Studios, a subsidiary of Microsoft game development, said that blockchain and NFT technologies are now banned from some of Mojang’s servers and the Minecraft game in general.
Enjin says its digital collectibles 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 the year 2030. Square Enix is leveraging Enjin’s Open Platform toolkit for the launch of the Final Fantasy VII NFT collection. The video game developer’s NFTs will also be able to be stored on Enjin Wallet, the nft.io web portal and Enjin’s Beam product.
What do you think about Enjin partnering with Square Enix to release Final Fantasy NFT next year? Let us know what you think about this topic in the comments section below.
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