{"id":14323,"date":"2022-11-07T11:20:29","date_gmt":"2022-11-07T11:20:29","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/square-enix-announces-symbiogenesis-a-story-driven-nft-interactive-experience-blockchain-bitcoin-news\/"},"modified":"2022-11-07T11:20:29","modified_gmt":"2022-11-07T11:20:29","slug":"square-enix-announces-symbiogenesis-a-story-driven-nft-interactive-experience-blockchain-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/square-enix-announces-symbiogenesis-a-story-driven-nft-interactive-experience-blockchain-bitcoin-news\/","title":{"rendered":"Square Enix Announces Symbiogenesis, a Story-Driven NFT Interactive Experience \u2013 Blockchain Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs (non-fungible tokens) as art that users can set as profile pictures and use in a separate NFT market.<\/strong><\/p>\n

Square Enix Announces Symbiogenesis NFT Project<\/h2>\n

Square Enix, one of the leading Japanese gaming companies, has announced Symbiogenesis, one of its first NFT-based interactive experiences. On Nov. 3, as part of the company\u2019s participation in the India Game Developers Conference, Square Enix finally cleared up<\/a> the mystery that surrounded the game, thought to be related to its Parasite Eve franchise due to its name.<\/p>\n

However, Square Enix announced the premise of the game to be very different. The upcoming experience will revolve around a series of character \u201csymbiosis,\u201d that would be available to be collected as digital art in the form of NFTs. These art NFTs will be a part of the story as characters solving a series of missions related to themes of \u201cmonopolization and distribution of resources.\u201d<\/p>\n

Square Enix indicated that the game would be using Ethereum as part of the blockchain element for Symbiogenesis. The game is set for release in Spring 2023.<\/p>\n

Square Enix\u2019s Web3 Commitment<\/h2>\n

While this is the first project the company is building from the ground up with Web3 in mind, Square Enix one of several traditional AAA gaming companies that has signaled its support for this kind of decentralized element in games.<\/p>\n

The company declared itself open to exploring the development of blockchain games as part of a recent partnership<\/a> with Oasys, a Japanese Web3 gaming blockchain project. Square Enix is also participating as a validator for the Oasys blockchain, which is currently launching its mainnet.<\/p>\n

In May, Square Enix made blockchain part of its business strategy, indicating it would be contemplating<\/a> the launch of new IPs containing NFTs being part of its world-building elements. Symbiogenesis\u2019 description goes in line with these statements.<\/p>\n

Large franchises of the company have also been selected to be used as themes for NFT products in the future. In July, Square Enix announced<\/a> it would be dropping an NFT collection of its blockbuster hit Final Fantasy VII as part of the celebration of the 25th anniversary of the franchise. These will be issued on top of the Efinity network powered by Enjin.<\/p>\n

What do you think about Square Enix\u2019s Symbiogenesis NFT experience announcement? Tell us in the comments section below.<\/strong><\/em><\/p>\n

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\nSergio Goschenko <\/h6>\n

\nSergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.<\/p>\n<\/div>\n<\/div>\n

Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons, Casimiro PT \/ Shutterstock.com<\/em><\/p>\n

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