They join Sega and Bandai Namco as so-called “validators”

Square Enixare taking more steps to implement the controversial blockchain technology in their games. Squeenix have teamed with blockchain company Oasys, who describe themselves as “environmentally-friendly”. This is because of their less energy-intensive “proof-of-stake” mechanism compared to “proof-of-work” methods such as those used in Bitcoin mining. Oasys’s plans fits with Squeenix’s intention to develop tokenised economies built on blockchain in their future games.

Square Enix are just one of a number of games companies to invest in Oasys’s platform so far. Bandai Namco,SegaandUbisoftare some of the biggies who’ve jumped aboard toinvestin Oasys as “validators”. Squeenix and Oasys say their deal will allow them to “explore the feasibility of harnessing user contributions” when developing new games on the blockchain. Oh happy day.

When Square Enix sold IP including Tomb Raider andDeus Exto Embracer Group for$300 millionback in May, a statement on the Japanese company’s website claimed one of the benefits of the sale would be launching “new businesses by moving forward with investments in fields including blockchain, AI, and the cloud”. The partnership with Oasys seems to be one of the first tangible moves towards whatever it is they are hoping to achieve. I use the word tangible very loosely about blockchain.

I don’t fancy blockchain and NFTs much. They honk of an Emperor’s New Clothes mentality in the upper echelons of the games industry for one thing. Theenvironmental implicationsof some of these technologies sound pretty bloomin’ awful too. Increasingly though, it seems that it’s just a matter of time until big publishers decide to shoehorn blockchain into their games.