HyperPlay – a Web3-native game store that also aggregates the Epic Games Store – announced that Square Enix has joined the roster of gaming heavyweights that have invested in HyperPlay – to launch collaborations with the growing game store.
The funding was driven by Square Enix’s strategic outlook on empowering player ownership of game worlds through new business models. And Square Enix’s SYMBIOGENESIS – its very first game title that leverages web3 – is now available in the HyperPlay game store.
New web3 business models for gaming require a new game distribution platform that embraces these new business models. And unlike traditional platforms such as Steam or the Apple App Store, which prohibit web3 transactions from occurring within the game itself, HyperPlay enables players to carry a web3 wallet into each game launched from within the platform, whether native or browser-based.
HyperPlay will be utilizing the funding to scale up the HyperPlay game store, such as rich gaming reputation and community features along with simplified infrastructure to help game developers build great game experiences with greater freedom over how to build their content.
KEY QUOTES:
“Square Enix is very excited to be investing and partnering with HyperPlay. We believe the HyperPlay team has built an extraordinary product for improving the distribution of games and creating new business models that are more beneficial for game developers.”
– Hideaki Uehara, General Manager of Investments at Square Enix
“HyperPlay is laser-focused on solving the most important user experience hurdles that stand in the way of fully extensible, interoperable, and permissionless game worlds. We believe many of the greatest problems originate from the legacy distribution platforms which prevent game developers from fully leveraging what web3 has to offer. Furthermore, as builders in the gaming space, we understand the importance of enabling new business models for gaming that align the incentives of players and developers to enable a sustainable pipeline of quality games.”
– JacobC.eth, Founder of HyperPlay
