- Square Enix has made a strategic investment in HyperPlay, a Web3-based gaming platform.
- HyperPlay will use the funds to expand its game store.
Square Enix, the gaming giant behind titles like Final Fantasy and Kingdom Hearts, has invested in HyperPlay, a Web3-based game store.
HyperPlay shared news of its strategic investment on March 19, 2024.
“Today we are thrilled to share the news that HyperPlay has received a strategic investment from none other than Square Enix. “This partnership marks the beginning of an exciting journey as we work together to revolutionize the game distribution model,” HyperPlay posted on X.
The partnership also brings SYMBIOGENESIS to HyperPlay.
Although the investment amount was not disclosed, HyperPlay press release It said it would use the funds to expand its game store.
The partnership also includes the addition of SYMBIOGENESIS®, Square Enix’s first Web3 game title, to the HyperPlay game store.
This brings new NFT-based entertainment to the HyperPlay store, adding 10,000 collectible pieces of art to the game’s utility.
All 10,000 NFT characters have unique designs and include various races, occupations, and bust-up photos that can be used as PFPs. Each chapter (6 in total) will be sold as it is released.
— HyperPlay (@HyperPlayGaming) March 19, 2024
Commenting on the investment, Square Enix Investment General Manager Hideaki Uehara said:
“Square Enix is excited to invest in and partner with HyperPlay. We believe the HyperPlay team has built a unique product to improve game distribution and create new business models that are more beneficial to game developers.”
The HyperPlay Game Store also acts as an aggregator, pulling titles from other stores such as the Epic Games Store. This gives players access to a unified hub where the latest games are available for free.