The collaboration will see the two crypto-driven companies bringing something fresh and unique into the gaming sector.
Square Enix, a Japanese-based video game company, has recently announced that it would be joining forces with a blockchain tech company Enjin to roll out a digital collection based on the iconic 1997 RPG Final Fantasy VII.
According to the official announcement issued on July 21st, the collectible set of digital cards will be launched on a decentralized cross-chain network called Efinity. Fans who wish to be part of the new non-fungible token (NFT) collection will have to pre-order items in the release’s physical collection at Square Enix’s store, arriving in 2023.
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On top of that, the physical product will have a code that can be redeemed for a digital version. Witek Radomski, CTO of Enjin, commented on the partnership and mentioned that the two parties will bring something unique into the digital assets and entertainment fields. He added:
"By using Efinity, fans can experience interactive NFTs without even realizing they’re on the blockchain. Enjin can establish the next phase of growth in blockchain entertainment, merging curiosity and creativity."
The official report also read that Square Enix will leverage the Enjin Open Platform to prepare and launch the NFT collection, as well as Enjin Wallet and NFT.io as the secondary marketplace and wallet for users.
Final Fantasy VII, which has already sold around 13.1 million copies, is the seventh installment in one of the highest-selling video game franchises in the series.
Earlier in May, Square Enix announced that it would be making significant investments in the Web3 gaming ecosystem and expanding NFTs into more game-related products.
As stated in Square Enix's financial results released back in March, the company is one of the biggest games developer businesses with around $3B in its possession.
