The value of Square Enix shares jumped after an open letter from the company's president about NFT and the metaverse | |
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| The value of Square Enix shares increased by 8% on January 4. This is the largest one-day price increase in the last six months for the company. This was reported by Bloomberg with reference to the Japanese stock market. The price jump is due to an open letter from Yosuke Matsuda, president of Square Enix. In it, Matsuda spoke about the growing popularity of blockchain, non-interchangeable tokens and metaverses in video games and urged gamers to pay more attention to the development of their favorite titles instead of simply enjoying games. Many netizens immediately criticized Matsuda's words, which look like the president of Square Enix is just trying to put the company in a positive light before the board of investors, not really caring about the desires of end users. In 2022, Square Enix plans to pay more attention to the introduction of NFC technologies, the creation of blockchain-based games, as well as the introduction of its own cryptocurrency. However, developers will adjust the strategy by listening to the opinion of the community. | |
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