Elizir Games Teams Up with Square Enix To Boost Web3 Gaming By CIOTechOutlook Team

Elizir Games Teams Up with Square Enix To Boost Web3 Gaming

CIOTechOutlook Team | Thursday, 20 April 2023, 04:06 IST

To increase web3 games' awareness and adoption among traditional gamers, Square Enix and Elixir Games, the top web3 gaming distribution platform, have formed a strategic alliance. Through a platform that conceals web3 technology and gives the traditional player an easy, seamless experience, the alliance will let millions of gamers discover high-quality web3 games.

Since 2021, the Elixir Platform has dominated the open web3 market as a distributor of PC games. Elixir has incorporated traditional game distribution as a result of a recent integration with Epic Games and has emerged as the main platform for the distribution of web2 and web3 desktop games.

Square Enix, which has already engaged in investments and relationships with significant companies in the field, is continuing to be at the forefront of international publishers adopting web3 gaming with its cooperation with Elixir.

With the assumption that blockchain games would enter a new stage of growth in 2023, Square Enix, who along with Sino Global Capital co-led Elixir Games' most recent financing seed round in December 2022, has established a strong web3 gaming investment strategy.

Hideaki Uehara, Business Development Director at Square Enix commented on today's news: "This partnership with Elixir Games represents yet another step for Square Enix to explore the promise of web3- decentralized gaming."

Carlos Roldan, CEO of Elixir Games, added: "This partnership brings us closer to web3 gaming mass adoption. Our team is incredibly excited to bring our technology to work, and we foresee Elixir users playing web2 and web3 games alike without distinction. 2023 has already seen more industry leaders enter the space with impactful projects, and we anticipate to see more as the year progresses. We've put all efforts to ensure we are ready for scalability."