First of the name is fine, this game needs more that makes it feel like a FF title.

Not much is said about it at this point, but the potential for this system is huge.

Obviously we expect that simple things such as +Str, Dex, Mind etc will be infused via this Materia Catalyst. But there is more than just stat option potential here. Look at some of the ideas.

Fishers: Could have their fishing rods infused with several different Materia that offer a +10% chance to gather rare fish (Dark Bass), a better chance to catch fish at the depth you are at or even the ability to pull actual items (Rarely) out of the water itself.

Archers: Could have their bow infused with Materia that offered a 25% chance to not consume arrows.

General: There could be materia added to the game that would add a small damage boost when using Incapping abilities from the appropriate side. For instance a Marauder attacking a crab from behind with Trunksplitter II could get a 10% damage boost on that one attack when executed from the correct location.