What is going on with Square Enix and the 14 team?

[aveyond-dreams]

The impression that the CEO leaves is not a good one. From the first time I saw him dressed up as FFXIV's Blue Mage of all things, and now to his *love* of NFTs, SE's reputation is taking several blows outside of FFXIV's success.

[Midareyukki]

The impression that the CEO leaves is not a good one. From the first time I saw him dressed up as FFXIV's Blue Mage of all things, and now to his *love* of NFTs, SE's reputation is taking several blows outside of FFXIV's success.

Good think they added a punching bag of him for you to beat up in NieR Automata.

I know Square was never a company to look at what its competition was doing, but other companies got into NFTs and had to back out of them due to backlash. It's not a good investment whatsoever.

[Raskbuck]

That's because the information they got regarding NFT and the blockchain technology was likely filled with buzzwords and empty promises of the potential revenue they could make. The executives see some people buy and sell these things for an absurd amount of money, and they want in on it.

They seem to have missed the memo that this trend is quickly losing its steam and staying power, and every NFT related video game has failed harder than Balan Wonderworld and Avengers combined. Because these tokens were never made with the intention to penetrate the gaming market; they are speculative tools used as an excuse to launder money and scam people.

It's our modern day snake oil, and SE's aggressive push on the matter makes it really clear as to why they are on the business. We're talking about the same company that is selling a $16,000 USD figurine of Terra, which is grossly overpriced.

Granted, every company out there wants to make money. That's their sole reason of existing. But as a consumer myself, I'd expect a molecule of passion and genuine interest in video games. The current executives have shown anything but, specially by getting rid of beloved IPs like Tomb Raider for a fraction of their worth. And just to push on this venture they seem to be fixated on.

I'm sure the devs and most people down the totem pole are genuine about their passion with video games. But the people spearheading the company have failed to meet my expectations.