[Rant] Square's recent IP sales to invest in blockchain have me worried.

[Sclair0]

Not too specific to XIV, but I'm a big fan of a lot of Squares IPs including those that were recently sold off. I am very worried about the direction the companies taking regarding blockchain.

When you're selling classic IPs like Tomb Raider in order to invest harder in NFTs... That doesn't exactly scream that your priority is the gaming audience. It says priority is making as much money from speculation on digital assets as possible from a technology that is rampant in scams and hasn't had a single proven successful gaming project behind it.

And although there have been assurances that there are no plans to push NFTs towards XIV at this point, I do worry that over longer periods of time it will transition towards it given outside pressure. (e.g. Some form of Square NFT wallet to unlock extra non-NFT items like emotes or glams)

I dont mean to fearmonger or rant. I dont think this is the end of Square or XIV or anything and I do think Yoshi P is genuine when he says there are no plans at this time to integrate blockchain with XIV...

I just dont want to see the company becoming a factory for games that are creatively bankrupt, exploitative, and ultimately unsuccessful (like the fiasco with Marvel Avengers, and more recently Chocobo Racing which would have been fantastic without the scam-like monetisation).

You can be profitable and creative. You've been doing it for years.

Anyway rant over, sorry if this feels too similar to threads made after the investor message regarding NFTs. I just felt it was worth saying given the IP sales for the purpose of NFTs.

[Vahlnir]

I'm guessing that Tomb Raider's and Deus Ex's profits weren't exactly stellar, or they wouldn't have sold them for such a low price. The numbers I'm seeing are almost abysmal as far as what they sold them for. This seems like them taking a low risk for higher potential profit. Personally, I hope that Tomb Raider and Deus Ex get better treatment in new hands than they have recently in SE's. Haven't really heard anything about them for a while now. They've basically faded into obscurity as far as SE goes with them investing in other things. Hopefully SE learns the same lesson other gaming companies have and that is that NFTs are not welcome in the industry. They do more harm than good, and mostly for the companies themselves. Every single one who has tried it so far has taken a hit to their reputation and their wallets.

[ryouma17]

Every single one who has tried it so far has taken a hit to their reputation

except for ubisoft, they never had a good rep to begin with

[Vahlnir]

except for ubisoft, they never had a good rep to begin with

lol

Fair. Their attempts at NFTs just made it worse. And now their company is sinking faster by the day.

[Canadane]

While it would be a folly to ignore emerging technologies, hopefully they can see the examples of literally almost every instance of this related to gaming being a bad idea.
In fact it's not such a great idea in general but that's for SE to figure out, I guess.

[Greyhawk]

They already appear to be making bad/no decisions on their current IP, it doesn't surprise me they continue the trend.

[Wind-Krysvein]

So can someone explain to me how one would go about pushing NFTs into videogames? I legit don't even understand how the two concepts would even operate together.

[IdowhatIwant]

They definitely won't add it to FFXIV. I mean they can't even implement a simple housing lottery system with out screwing that up.

[Thorio]

Square going the way of konami.

[Vahlnir]

So can someone explain to me how one would go about pushing NFTs into videogames? I legit don't even understand how the two concepts would even operate together.

https://www.forbes.com/sites/paultas...h=1471bbaa396c

This is what Ubisoft tried to do. Didn't work out for them at all. Basically, they created a FOMO experience that no one really bothered with. I'm guessing that SE will try to sell these things for ridiculous amounts of money, kinda like some of their products on the SE store, which would be another tactic that hasn't worked well for anyone else either.