There was a time when this warning was a reality. After threatening us with its embrace of the controversial and largely reviled-by-gamersBlockchain technology, Square Enix has finally announced its NFT project.
Square Enix has a partnership with Enjin, a NFT company, that will allow fans to waste their good- will by storing the company's token on the EfinityBlockchain. Consumers will be able to pre-order a physical action figure with a code that can be used to redeem a digital NFT. A digital NFT component will be available for pre-order later this year.
It's the worst part if you're wondering which of its many franchises is pulling these NFTs. The NFTs from Final Fantasy VII are an obscure game about a bunch of freedom fighters taking down a corporation that is killing the planet.
You read that correctly. Square Enix is choosing to make its NFTs, a technology known to consume excessive amounts of energy contributing to wildly increased emissions and already out-of-control climate change, out of characters it created who were dedicated.
The math isn't doing anything.
There are no images of what the action figure will look like or how much it will cost at this time. It is not known if the FFVII NFTs will have any value other than sentimental in an environment where gaming-related NFTs are often met with swift and furious backlash.
Square has chosen to focus on its use of the Efinity Parachain, a layer 1 proof-of-stake solution that claims to be eco-friendly and run by a company committed to being carbon neutral by savesay savesay savesay savesay has chosen to focus on its use of the Efinity It promises to be more power efficient, and with bridges that connect differentBlockchains without relying on them and their energy hungry ways to operate.
We ain't got that kind of time.