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Market News

Sega Partners with Finschia for Development of Web3 Games

Written By Rajpalsinh
Published 2024-01-22·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle

Sega is exploring the possibility of featuring its popular franchises in Web3 games through a collaboration with the blockchain project Finschia, as revealed by Sega Singapore, the branch overseeing the company’s global Web3 strategy.

🌐New Member of Finschia Governance: SEGA Singapore

We are pleased to announce the new member of the #FinschiaGovernance. SEGA Singapore, a subsidiary of @SEGA , a world-leading company in game development and publishing across various platforms and genres, is joining as a… pic.twitter.com/uhrTkxwq2J

— Finschia_Archive (@finschia) January 18, 2024

As part of this collaboration, Sega Singapore is actively involved in securing the Finschia network by running a node and participating in the governance of the protocol. This move by Sega follows a series of announcements indicating the company’s growing interest and involvement in Web3 and blockchain games.

Contrary to Co-COO Shuji Utsumi’s earlier statement in July about Sega discontinuing Web3 games due to being “boring,” this new partnership suggests a shift, indicating Sega’s willingness to engage with Web3 through licensing lesser franchises while safeguarding its major IPs.

Also Read: BitGo Secures In-Principle MPI License in Singapore, Expanding Crypto Services

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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