Square Enix is making its presence felt in web3
Square Enix, the company behind game brands such as Final Fantasy and Dragon Quest, has plans to invest more in Animoca Brands and The Sandbox. The Japanese tech conglomerate and games publisher is allocating a greater proportion of its capital into blockchain-based gaming. Its looking to capitalize on the technology while the market is still open.
- Square Enix announced in its Q1 earnings report that it will put more money into Animoca Brands and The Sandbox.
- The company also has plans to launch its own token.
- Lots of companies see their future being wrapped up in blockchain technology and web3 as everyone scrambles to secure their part of an industry worth $100 billion in the US alone.
- Animoca Brands and The Sandbox are both enticing opportunities as they have ready-made expertise and an entire ecosystem that continues to grow.
Square Enix moving further into web3
Square Enix has released its Q1 earnings report and…