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Sq. Enix summons Meteor, launches its NFT challenge

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What had as soon as been a warning of darkish instances to return is now a actuality. Sq. Enix has lastly introduced its NFT (or non-fungible token) challenge after threatening us with the corporate’s embrace of the controversial and largely reviled-by-gamers blockchain expertise.

To facilitate this extraordinary waste of followers’ good-will, Sq. Enix has partnered with Enjin, an NFT firm that may retailer Sq. Enix’s tokens on its Efinity blockchain. Beginning at this time, shoppers will be capable of pre-order a bodily motion determine that comes with a code redeemable for a digital NFT. There will even be bodily buying and selling playing cards that equally have a digital NFT element accessible for pre-order later this yr.

When you’re questioning which of its many franchises Sq. Enix is pulling these NFTs from, nicely, that’s the worst half. In what is maybe essentially the most astounding case of “Didn’t learn the supply materials you created,” Sq. Enix is making its NFTs from Last Fantasy VII— that comparatively obscure indie recreation a few bunch of freedom fighters taking down a company that’s killing the planet.

Sure, you learn that proper. Sq. Enix is selecting to make its NFTs — a expertise recognized to devour exorbitant quantities of vitality contributing to wildly elevated emissions and accelerating already out-of-control local weather change on a planet that’s both on hearth, drowned, or melting — out of characters it created who have been devoted to stopping firms from doing precisely what an NFT facilitates.

The mathematics will not be mathing.

At present, there aren’t any pictures accessible of what the motion determine or the collectible playing cards will appear to be or how a lot they’ll price. In an surroundings the place gaming-related NFTs are regularly met with swift and livid backlash, on prime of the precipitous fall in worth of all issues cryptocurrency, it is usually not recognized if these FFVII NFTs may have any worth apart from sentimental.

Screenshot from 1997’s Final Fantasy VII featuring Barret Wallace with a text box over his head stating, “The planet’s dying Cloud”

Sq. Enix

Within the face of an inevitable backlash, Sq. has chosen to give attention to its use of the Efinity Parachain, a layer 1 proof-of-stake resolution that touts itself as “eco-friendly” and run by an organization dedicated to being carbon impartial by 2030. It guarantees to be extra energy environment friendly than older Bitcoin or Ethereum blockchain expertise, and with bridges that join totally different blockchains with out counting on them and their energy-hungry methods to function.

However the planet’s dyin’, Cloud, we ain’t bought that kinda time.

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