Final Fantasy teams up with Enjin to launch NFTs

Japanese publisher Square Enix has recently collaborated with blockchain giant Enjin to launch NFTs. These NFTs will follow the Final Fantasy Franchise theme.

Square Enix is the publisher of the smash hit Final Fantasy series

Each NFT is tied to a physical action figure as well as trading cards based on the smash role-playing game (RPG) Final Fantasy. The Final Fantasy NFTs launch will celebrate the original PlayStation game’s 25th anniversary.

Final Fantasy NFTs: What’s in store for the fans?

Firstly, Square Enix will launch physical trading card packs in spring 2023 at the price of $4 per six-card pack. The pack will also come with a code. Each pack includes a code redeemable for a single trading card minted by Enjin on its Efinity platform.

Furthermore, in November 2023, Square Enix will release Cloud Strife’s limited edition action figure. Both the standard figure and the “Digital Plus Edition” will have a code to obtain an NFT certificate of authenticity. Although, only the Digital Plus Edition includes a second NFT, a digital replica of the physical toy. The standard figure will cost $130 and the Digital plus Edition will cost $160.

The Efinity blockchain runs on Polkadot as a para chain, or sort of dedicated subnet, which is a part of the larger Polkadot ecosystem. Unlike the most popular NFT platform, Ethereum, Polkadot uses a proof-of-stake consensus approach that doesn’t require mining.

Final Fantasy NFTs Coming to Polkadot

This new collaboration arises as Square Enix’s interest in blockchain technology and NFTs is rising. One of the most remarkable achievements is Final Fantasy, which has sold 168 million games worldwide since 1987.

More about Square Enix and Enjin

Over the past few years, Square Enix has intensified its blockchain and NFTs projects. In 2020, it made a financial investment in the Ethereum-based metaverse game The Sandbox. Earlier this year, it revealed plans to expand its Dungeon Siege franchise into the NFT-powered gaming environment.

More recently, Square Enix sold three of its game studios and a number of well-known franchises, including Tomb Raider, for $300 million in order to fund its expanding ventures in the cryptocurrency business. Also, it was revealed that Square Enix had invested in the $35 million Series B round-funded Bitcoin game firm Zebedee.

Enjin, which has also collaborated with Microsoft and Samsung, is perhaps most known for its contributions to the Ethereum ecosystem. Radomski created Ethereum’s ERC-1155 multi-token NFT standard, and Enjin Coin (ENJ) is an ERC-20 token. However, the company gradually realised that Ethereum’s limited transaction throughput and rising fees would constrain game creators.

Radomski stated that Enjin investigated the possibility of scaling solutions that may be excellent for gaming and collectibles, but eventually decided against building something from scratch. Instead, the team chose Polkadot, which he described as a “framework for blockchains” that allows builders to customize as they see right.