In brief

  • Square Enix is taking a “very measured” approach with NFTs, joining Enjin to release Final Fantasy NFTs.
  • The Polkadot-based NFTs will be paired with physical trading cards and toys, which will be released in 2023.

One of the most successful video game series of all time is set to receive the NFT treatment in 2023, as Japanese publisher Square Enix has partnered with blockchain gaming firm Enjin to release NFTs based on the Final Fantasy franchise.

The NFTs won’t be purely digital products, however. They’re tied to physical action figures and trading cards based on the smash role-playing game (RPG) Final Fantasy VII to commemorate the original PlayStation game’s 25th anniversary.

Square Enix will first release packs of physical trading cards in spring 2023 that will sell for $4 per six-card pack. Each comes with a code to redeem for a single NFT trading card minted by Enjin on its Efinity platform, which is built on the Polkadot blockchain.

In November 2023, the publisher will release a limited edition action figure of the game’s star, Cloud Strife. Both the standard figure and “Digital Plus Edition” will come with a code to redeem an NFT certificate of authenticity, but only the latter comes with an additional NFT: a digital replica of the physical toy. The standard figure will sell for $130, with the Digital Plus Edition at $160.

The Efinity blockchain runs on Polkadot as a parachain, or a dedicated subnet of sorts, that’s part of the overall Polkadot ecosystem. Polkadot uses a proof-of-stake consensus model that does not require energy-intensive…

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