{"id":20762,"date":"2022-07-21T01:37:45","date_gmt":"2022-07-21T01:37:45","guid":{"rendered":"https:\/\/harchi90.com\/square-enix-launches-its-first-nft-project\/"},"modified":"2022-07-21T01:37:45","modified_gmt":"2022-07-21T01:37:45","slug":"square-enix-launches-its-first-nft-project","status":"publish","type":"post","link":"https:\/\/harchi90.com\/square-enix-launches-its-first-nft-project\/","title":{"rendered":"Square Enix launches its first NFT project"},"content":{"rendered":"
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What had once been a warning of dark times to come is now a reality. Square Enix has finally announced its NFT (or non-fungible token) project after threatening us with the company’s embrace of the controversial and largely reviled-by-gamers blockchain technology.<\/p>\n

To facilitate this extraordinary waste of fans’ good-will, Square Enix has partnered with Enjin, an NFT company that will store Square Enix’s tokens on its Efinity blockchain. Starting today, consumers will be able to pre-order a physical action figure that comes with a code redeemable for a digital NFT. There will also be physical trading cards that similarly have a digital NFT component available for pre-order later this year.<\/p>\n

If you’re wondering which of its many franchises Square Enix is \u200b\u200bpulling these NFTs from, well, that’s the worst part. In what is perhaps the most astounding case of \u201cDidn’t read the source material you created,\u201d Square Enix is \u200b\u200bmaking its NFTs from Final Fantasy VII<\/em>\u2014 that relatively obscure indie game about a bunch of freedom fighters taking down a corporation that’s killing the planet. <\/p>\n

Yes, you read that right. Square Enix is \u200b\u200bchoosing to make its NFTs \u2014 a technology known to consume exorbitant amounts of energy contributing to wildly increased emissions and accelerating already out-of-control climate change on a planet that is either on fire, drowned, or melting \u2014 out of characters it created who were dedicated to stopping companies from doing exactly what an NFT facilitates. <\/p>\n

The math is not mathing. <\/p>\n

Currently, there are no images available of what the action figure or the collectible cards will look like or how much they’ll cost. In an environment where gaming-related NFTs are frequently met with swift and furious backlash, on top of the precipitous fall in price of all things cryptocurrency, it is also not known if these FFVII <\/em>NFTs will have any value other than sentimental.<\/p>\n

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Square Enix<\/cite><\/p>\n

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In the face of an inevitable backlash, Square has chosen to focus on its use of the Efinity Parachain, a layer 1 proof-of-stake solution that touts itself as \u201ceco-friendly\u201d and run by a company committed to being carbon neutral by 2030. It promises to be more power efficient than older Bitcoin or Ethereum blockchain technology, and with bridges that connect different blockchains without relying on them and their energy-hungry ways to operate.<\/p>\n

But the planet’s dyin’, Cloud, we ain’t got that kinda time. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

What had once been a warning of dark times to come is now a reality. Square Enix has finally announced its NFT (or non-fungible token) project after threatening us with the company’s embrace of the controversial and largely reviled-by-gamers blockchain technology. To facilitate this extraordinary waste of fans’ good-will, Square Enix has partnered with Enjin, …<\/p>\n

Square Enix launches its first NFT project<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[4],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":20828,"url":"https:\/\/harchi90.com\/square-enixs-final-fantasy-vii-nfts-are-stupid-little-things\/","url_meta":{"origin":20762,"position":0},"title":"Square Enix’s Final Fantasy VII NFTs Are Stupid Little Things","date":"July 21, 2022","format":false,"excerpt":"This is a concept of what the \u201cdigital version\u201d of the action figure will look like lolImage: Square EnixWhile we're still waiting\/dreading to see what Square Enix's NFT plans are when it comes to video gamesthe publisher has today announced that its latest blockchain tokens are going to be related\u2026","rel":"","context":"In "Technology"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20983,"url":"https:\/\/harchi90.com\/final-fantasy-nfts-coming-to-polkadot-in-square-enix-enjin-alliance\/","url_meta":{"origin":20762,"position":1},"title":"Final Fantasy NFTs Coming to Polkadot in Square Enix, Enjin Alliance","date":"July 21, 2022","format":false,"excerpt":"in brief Square Enix is \u200b\u200btaking a \"very measured\" approach with NFTs, joining Enjin to release Final Fantasy NFTs. The Polkadot-based NFTs will be paired with physical trading cards and toys, which will be released in 2023. One of the most successful video game series of all time is set\u2026","rel":"","context":"In "Technology"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20918,"url":"https:\/\/harchi90.com\/square-enix-to-release-final-fantasy-nfts\/","url_meta":{"origin":20762,"position":2},"title":"Square Enix to release Final Fantasy NFTs","date":"July 21, 2022","format":false,"excerpt":"Square Enix has partnered with NFT ecosystem Enjin to release Final Fantasy NFTs. A digital collection of cards celebrating the 25th anniversary of Final Fantasy 7 will be released on the cross-chain network Efinity and available to those who purchase items from the physical collection, expected to launch in 2023.\u2026","rel":"","context":"In "Technology"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21315,"url":"https:\/\/harchi90.com\/square-enix-is-selling-a-cloud-strife-action-figure-thats-also-an-nft\/","url_meta":{"origin":20762,"position":3},"title":"Square Enix Is Selling a Cloud Strife Action Figure…That’s Also an NFT","date":"July 21, 2022","format":false,"excerpt":"Final Fantasy VII hero Cloud Strife is being immortalized in a new 25th-anniversary action figure\u2026 that also comes with an NFT.Square Enix announced that the upcoming Cloud Strife figurine will include an NFT as part of the purchase \u2013 using the blockchain as a digital certificate of authenticity as well\u2026","rel":"","context":"In "Technology"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23201,"url":"https:\/\/harchi90.com\/final-fantasy-7-remake-fans-trade-joy-for-despair-over-two-very-different-cloud-collectables\/","url_meta":{"origin":20762,"position":4},"title":"Final Fantasy 7 Remake fans trade joy for despair over two very different Cloud collectables","date":"July 23, 2022","format":false,"excerpt":"Square Enix has unveiled a slew of new Final Fantasy 7 action figures, leaving the community on cloud nine or in the Midgar slums depending on which one you're talking about.First off, the good. Soon, fans will be able to get an action figure (opens in new tab) of Final\u2026","rel":"","context":"In "Technology"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"fifu_image_url":"https:\/\/cdn.vox-cdn.com\/thumbor\/XjpPwADKHO21qEFkFf9w-zsaLrg=\/0x38:1920x1043\/fit-in\/1200x630\/cdn.vox-cdn.com\/uploads\/chorus_asset\/file\/23889940\/FINAL_FANTASY_VII_REMAKE_E3_2019_screenshot_2.png","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/20762"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=20762"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/20762\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=20762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=20762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=20762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}