Square Enix partners with Enjin to create Final Fantasy VII NFT collectibles
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Square Enix has partnered with Enjin to create non-fungible tokens (NFTs) for digital collectibles in celebration of the 25th anniversary of Final Fantasy VII.
Enjin said it will manufacture branded tokenized collectibles using its Efinity network, which is a decentralized cross-chain blockchain network designed to make NFTs more accessible.
The move comes as no surprise, as Square Enix announced it would invest in innovative technologies like blockchain even as it sells off its Western game studios. Some gamers are going to hate this move, as they associate NFTs with scams, energy waste, and monetization schemes. But Square Enix has signaled that NFTs are key to the business models of the future.
Digital collectibles will be accessible to consumers who purchase items from the physical collection, which is expected to launch in 2023.
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> register hereConsumers can pre-order the commemorative action figure starting today from 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. Pre-orders for the trading cards will go live later this year.
Enjin said it provides an alternative destination for environmentally conscious blockchain developers, investors, and users. Collectibles are supported by Enjin's comprehensive product suite, which the company claims provides environmentally friendly solutions for creating decentralized gaming products.
Enjin has stated that he is committed to
![Square Enix partners with Enjin to create Final Fantasy VII NFT collectibles](https://venturebeat.com/wp-content/uploads/2019/06/FINAL_FANTASY_VII_REMAKE-E3_2019-screenshot_6.png?w=1200&strip=all)
Want to learn more about the future of the video game industry? Join gaming executives to discuss emerging parts of the industry in October at GamesBeat Summit Next. Sign up today.
Square Enix has partnered with Enjin to create non-fungible tokens (NFTs) for digital collectibles in celebration of the 25th anniversary of Final Fantasy VII.
Enjin said it will manufacture branded tokenized collectibles using its Efinity network, which is a decentralized cross-chain blockchain network designed to make NFTs more accessible.
The move comes as no surprise, as Square Enix announced it would invest in innovative technologies like blockchain even as it sells off its Western game studios. Some gamers are going to hate this move, as they associate NFTs with scams, energy waste, and monetization schemes. But Square Enix has signaled that NFTs are key to the business models of the future.
Digital collectibles will be accessible to consumers who purchase items from the physical collection, which is expected to launch in 2023.
EventMetaBeat 2022
MetaBeat will bring together thought leaders from across the Metaverse to advise on how Metaverse technology will transform the way all industries communicate and do business on October 3-4 in San Francisco, CA.
> register hereConsumers can pre-order the commemorative action figure starting today from 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. Pre-orders for the trading cards will go live later this year.
Enjin said it provides an alternative destination for environmentally conscious blockchain developers, investors, and users. Collectibles are supported by Enjin's comprehensive product suite, which the company claims provides environmentally friendly solutions for creating decentralized gaming products.
Enjin has stated that he is committed to
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