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  • Square Enix contributes to Bitcoin startup’s $35 million funding round
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Square Enix contributes to Bitcoin startup’s $35 million funding round

By Crystal D. Williams 3 years ago

It appears to be as while Square Enix, the publishing powerhouse driving Ultimate Fantasy, is nevertheless another gaming organization toe-dipping into cryptocurrency.

Decrypt reports that Zebedee, a blockchain gaming startup, raised $35 million for the duration of its most recent round of funding. Of those buyers was Square Enix, which contributed an unspecified amount (likely a major chunk). Zebedee’s system lets developers apply micropayments by way of its Lightning Network, making it possible for gamers the option to generate Bitcoin by way of in-activity things to do.

In truth, none of this is that astonishing. Previously this calendar year, Square Enix president Yosuke Matsuda expressed interest in blockchain technologies. Especially, NFTs. Insisting that “there will be a specified range of men and women whose enthusiasm is to ‘play to lead,’ by which I necessarily mean to assistance make the sport far more enjoyable.” The organization also recommitted to this in a yr-finish report.

All of this will come mere months soon after Square Enix marketed franchises like Tomb Raider, Thief, Legacy of Kain, and Deus Ex, along with studios these kinds of as Eidos Montréal, Crystal Dynamics, and Sq. Enix Montréal, to Embracer Group for $300 million. Stating that those money would assist with blockchain investments. So this has been a lengthy time coming, a lot to the dismay of long-time lovers.

Published by Kyle Campbell on behalf of GLHF.

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