Square Enix Under Fire For NFT push

AuthorAuthor

Mark Kennedy & Manuel Olumorin
March 31, 2023

OMG, it's Friday again. Welcome to Lootbox your one-stop shop for all things web3 gaming news.

For today

  • Activision Blizzard COO joins web3

  • Square Enix Under Fire For NFT push...again

  • The New Spatial Toolkit Has Landed

  • The Sneakies

Activision Blizzard President And CEO To Web3

Daniel Agere just dropped a bombshell.

He is leaving Activision Blizzard to join Yuga Labs as CEO. 🎉

We should have seen the writing on the wall with gushing tweets about Yuga like this

And this...

Welcome to web3 ser. Excited to see Yuga Labs' growth in gaming now.

Square Enix Under Fire For NFT Push... Again

Oh boy, Square Enix is going through the wringer with their fans!

This time, gamers are roasting them for their Final Fantasy VII NFT trading cards and the upcoming NFT game Symbiogenesis.

Let's dive into the drama, shall we?

What's the deal?

So, Square Enix dropped Final Fantasy VII Anniversary Art Museum: Digital Cards Plus (who thought up this name?).

It's a collection of physical trading card packs with a digital exchange card you can buy for $3.30. That digital exchange card can be swapped for an NFT card, one of the 207 types.

The general consensus? Fans are fuming, saying NFTs have no place in the cherished franchise. Critics are also bringing up environmental concerns and the exclusivity factor creating barriers between players. Check out this Reddit user's opinion.

Yup, Reddit is filled with ticked-off Square Enix fans...

Despite introducing the NFTs as Digital Exchange Cards, using the Reddit playbook, this didn't shield Square Enix from criticism. Here's why.

  • Square Enix is well aware of their fanbase's strong aversion to NFTs, yet they continue incorporating NFTs into their TOP games. Bold, I like.

  • They warned that if the Enjin (the blockchain the NFTs will be on) service were to cease operations, holders "would lose the ability to view or utilize the digital card in the future." If you ain't sure about the chain, why not select one you believe in? 🤷

  • There is no upper limit to the number of digital cards that can be redeemed until the exchange ticket runs out, and they can't be transferred or sold. It's like the federal reserve making the money printer go brrr but you are forced to hodl.

Then there's Symbiogenesis

Guess what? Gamers aren't thrilled about that, either.

Many feel the company is cashing in on the NFT craze, sacrificing quality gaming experiences. And that NFTs in games create division among players and foster an unwelcome sense of exclusivity.It wasn't just the NFTs, though...

Even gameplay and graphic quality were being ripped to shreds by long-time fans of the franchise. Symbiogenesis fans rn

Lootbringer's take:

Honestly, Square Enix deserves some of the criticism it received. They didn't help their cause by picking a chain they aren't confident about, and no marketplace to trade the cards.

The New Spatial Toolkit Has Landed

Spatial, known for its VR and AR platform, recently released its Creator Toolkit, piquing the interest of Web3 developers.

Why? Because it's loaded with features that could potentially enhance gaming experiences in the Web3 space.

So, let's unpack it...

A dev's dream tool

Spatial's Creator Toolkit is a versatile set of tools for developers.

Custom assets? Check.

Interactive environments? Double check.

And the best part? It integrates seamlessly with Spatial's platform so that you can easily bring your creations to life.

Boost for web3 gaming?

Although not specifically designed for web3 gaming, the Creator Toolkit could offer developers a way to push the boundaries of their games. Providing richer, more immersive experiences that might just be the catalyst web3 gaming needs to level up.

Here's how

Web3 developers can potentially leverage Spatial's Creator Toolkit to create unique, immersive experiences that engage players on a new level. I'm no game dev, but a few things come to mind:

  • Easily creating experiences across multiple metaverses using the drag-and-drop features.

  • Seamlessly integrating NFTs into AR and VR environments for enhanced gameplay.

  • Developing immersive, interactive blockchain-based games that merge the physical and digital worlds.

Time to test out new tools.

Try out the toolkit HERE.

Spatial Creator Toolkit — Powered by Unity | Spatial

Introducing the Spatial Creator Toolkit, powered by Unity. Build with the world's most popular game engine and publish straight to Web, Mobile, VR and AR in seconds!

https://www.spatial.io/toolkit

The Sneakies

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