Since the beginning of this year the president of Square Enix said that the company had a lot of interest in NFTs and blockchain technologies, which has not been well received by the majority of the gaming community. Even so, Square Enix is not backing down and they have just announced a collectible figure that includes an NFT if you pay $30 USD more.
Square Enix is selling a Final Fantasy 7 collectible figure that includes a digital Non-Fungible Token, but the company warns that such NFTs may be useless and lose their value in the future. The figure in question is from Cloud Strife and is priced at $129.99 USD without the NFT. You can see the figure in the Square Enix Store.
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The Cloud Strife figure from Final Fantasy VII in its Digital Plus Edition version includes an NFT, but Square Enix warns that it works using blockchain technology and could be useless in the future. The page also warns that NFTs will not be able to be sold initially, and may even become worthless if Enjin disables their services.
A few months ago Square Enix sold some of its studios and licenses to the Embracer Group for $300 million, saying at the time that it intended to invest in NFTs, the metaverse, and the cloud. However, the company clarified that it would not use the proceeds from this deal to invest in blockchain.
Just a month ago the company reiterated its plans to invest in NFTs and the Metaverse but said it was too early to create Non-Fungible Tokens based on Final Fantasy or Dragon Quest. Although no details have been given yet, it is expected that the NFT that comes included with the Cloud Strife figure is related to Final Fantasy VII.