New to Shacknews? Signup for a Free Account

Already have an account?

Video Game Release Dates 2024Elden Ring strategy guideShacknews Direct: Introducing Bubbletron!Destiny 2 Complete Strategy Guide
Video Game Release Dates 2024
Elden Ring strategy guide
Shacknews Direct: Introducing Bubbletron!
Destiny 2 Complete Strategy Guide

Square Enix partners with Oasys blockchain

Months after selling off its Western studios, Square Enix is taking steps to follow through on its intentions to dive into blockchain gaming.
Ozzie Mejia
Ozzie Mejia
Medium
2

There's been some blockchain news in the gaming world to start this week off. Square Enix continues its efforts to move forward in the crypto space, announcing that it has partnered with Oasys to become a part of that company's blockchain.

All of the companies that have invested in Oasys blockchain

Source: Medium

Monday's news comes from GamesIndustry.Biz, which notes that Square Enix will become a node validator on the upcoming Oasys blockchain. Oasys is the company that claims to be building a more environmentally safe proof of stake blockchain, though there have been some skeptics as to whether such a thing is even possible. The Oasys blockchain is expected to launch later this year. Once it does, Square is expected to explore the idea of potential new games built on the Oasys blockchain.

Square Enix has been all-in on the blockchain idea. Recall that when Embracer Group acquired a bulk of Square Enix's Western developer studios, the latter publisher declared that it would use the money made to explore blockchain investments.

This move from Square comes just as Ubisoft clarifies its NFT intentions, noting that it is still in 'research mode' while endeavoring to get in on the concept early. We'll continue to follow these moves into Web3 and whether they wind up paying any dividends. Follow Shacknews for the latest updates.

Senior Editor
Senior Editor

Ozzie has been playing video games since picking up his first NES controller at age 5. He has been into games ever since, only briefly stepping away during his college years. But he was pulled back in after spending years in QA circles for both THQ and Activision, mostly spending time helping to push forward the Guitar Hero series at its peak. Ozzie has become a big fan of platformers, puzzle games, shooters, and RPGs, just to name a few genres, but he’s also a huge sucker for anything with a good, compelling narrative behind it. Because what are video games if you can't enjoy a good story with a fresh Cherry Coke?

Filed Under
From The Chatty
Refresh Go To Thread
Hello, Meet Lola