Square Enix signed a transfer agreement with Embracer to sell Crystal Dynamics and Eidos. Without the rights of Tomb Raider, Deus Ex, Thief and Legacy of Kain, they lost its rights. The reason why Square Enix decided was to take it for granted that it would like to focus its resources elsewhere; most of all, on blockchain development, AI, cloud technologies, and more on its Japanese studios.
The SCHOOL OF DAY’S.
The deal will help the company adapt to global change in the business environment and provide efficiency with a more efficient allocation of resources, to bring up business value by increasing its core responsibilities in the digital entertainment domain”, reads the document. By way of the investments in the technology, the telecommunications industry and the cloud, the transaction can increase the chances of new business is also possible.
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It has only recently been months since Square Enix expressed its interest in non-entry and blockchain games. But, it hasn’t remained quiet. Just in April, it doubled down after further re-entry from developers’ plans despite the massive online backlash. Yosuke Matsuda went so far as to say that he wanted to try to keep his hand on “automatous games” by giving the players a voice. By bringing the key, he would like to help him to his best position: “Autonomous games”
If you don’t know what a blockchain game is, players can buy and sell some coin-and-reach purchases for bitcoin and even, in some cases, chunks of the game itself, while buying these items directly from other players. It’s meant that it lets you ‘own’ a game rather than a ‘copy’ of your own imagination, essentially buying the receipt with your fancy skin. A receipt that has a lot of environmental damage.
One of the biggest issues in selling Eidos and Crystal Dynamics is supporting this ambitious goal of developing blockchain games, and even launching new business models to do so. In terms of how it picked the company to sell – Eidos didn’t perform too well between 2019 and 2021 while Crystal Dynamics was proving an expensive studio.
But for a large game publisher, the NFTs don’t exist for the first time in as many as four months. For example, Ubisoft and Konami did an online auction for a castlevania-inspired NFT.
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