Square Enix Dives Headlong Into NFTs With FFVII Action Figures
Despite the backlash that Square Enix received when it announced its interest in blockchain gaming earlier this year, it’s gone ahead and taken its first big steps into the world of NFTs, but not in the way that you would have expected.
The company will be releasing NFT-tied Final Fantasy VII action figures in partnership with NFT company Enjin. The action figures are now available for pre-order and will come with a code that can be used to redeem a unique digital NFT which will be stored on Enjin’s Efinity blockchain platform. There are also plans to release physical trading cards which will have the same NFT component and will be up for pre-order later this year.
Ironically, the Final Fantasy VII franchise revolves around a group of freedom fighters trying to take down a megacorporation that’s destroying the planet. But, I can’t really blame Square Enix for leveraging the franchise’s immense popularity. The Efinity Parachain also promises to be more eco-friendly and more power efficient than older blockchain platforms with a commitment to be carbon neutral by the year 2030.
There’s currently no information on what the action figures and trading cards will look like or how much they’ll cost, as well as how much value the NFT tokens will have when they come out. With the recent drop in cryptocurrency prices across the board, it’s hard to tell if it’ll have any value at all. Either way, the action figures themselves will likely be more valuable than the NFTs they come with.