Japan’s Square Enix, the tech giant responsible for the Final Fantasy and Kingdom Hearts franchises, as well as dozens of other global gaming hits, has entered into a partnership with crypto-native web3 games platform HyperPlay as of March 19.
Hideaki Uehara, General Manager of Investments at Square Enix called the investment and partnership “very exciting” in a press release, adding that the company believes that “the HyperPlay team has built an extraordinary product for improving the distribution of games and creating new business models that are more beneficial for game developers.”
“We believe many of the greatest problems originate from the legacy distribution platforms which prevent game developers from fully leveraging what web3 has to offer. Furthermore, as builders in the gaming space, we understand the importance of enabling new business models for gaming that align the incentives of players and developers to enable a sustainable pipeline of quality games.”“HyperPlay plans to continue expanding the most web3-native game distribution platform.