Square Enix Archives

Square Enix Enters New Partnership and Gala Games New token

This week we saw many activities in the Web3 gaming industry ranging from Gala Games rolling out the new token to Square Enix and Elinix Games joining hands. Moreover, there was also news about Community Gaming laying off employees, some alpha playtests, and new season rollouts. Blockchain gaming developers are hard at crafting alphas and inviting players to test them. We had Ember Sword Alpha playtest, a new Genesis tournament in Undead Blocks, Alpha Season Two of Axie Homeland. Additionally, another promising alpha is on the cards where we shall play the alpha 2.0 from Citizen Conflict. More updates on games, we have Otherside introducing Legends of the Mara, and MegaWorld implements Cross-chain dependencies.

Square Enix Enters Partnership with Elinix Games
Gala Games Introduces $GALA v2
Community Gaming Lays Off Employees
Undead Blocks Genesis Tournament
Citizen Conflict Upcoming Alpha 2.0
Legends of Mara

Square Enix Enters Partnership with Elinix Games

Square Enix continues with its ambitions in the Web3 domain with the newest partnership with Elinix Games. Elixir\’s recent integration with Epic Games has strengthened its position, making it an ideal partner for Square Enix. The collaboration will offer millions of gamers a seamless and user-friendly experience, enabling them to access high-quality web3 games.

While it remains unclear how the two companies will work together, Square Enix\’s interest in web3 gaming and its development of the interactive Web3 project, Symbiogenesis, suggest that they will create unique gaming experiences that leverage web3 technology. Elixir\’s strong presence in the web3 gaming market and its partnership with Epic Games make it a valuable asset.

With Square Enix\’s leading role in funding Elixir\’s recent round of investment and the development of Symbiogenesis, it is likely that the two companies will continue to work together in the future, using Elixir as a platform to showcase their games. The collaboration will create a powerhouse that will incorporate blockchain technology into the way games work. It offers both companies new opportunities to generate revenue and gamers a new and exciting place to play.

Gala Games Introduces $GALA v2

Gala Games takes its whole ecosystem into a new era with the launch of $Gala. It announced the launch of $GALA(v2) on May 15th, with significant improvements to the Ethereum-based token. Token includes better burn mechanisms and security upgrades. The company plans to release an audit report shortly and establish its reputation in blockchain technology. The ecosystem includes a decentralized market, player token awards, and staking options for higher benefits. All designed to support high user and transaction volumes.

Gala Games has set up a 1:1 token drop for customers holding $GALA(v1) on Ethereum, enabling them to acquire the new $GALA(v2) instantly before the former becomes unavailable. To ensure a smooth transition, the company is actively communicating with exchange partners. It recommends keeping $GALA in private wallets for personal delivery of the drop.

$GALA(v2) is an ERC-20 token that speeds up transactions within the Gala Games ecosystem and gives users access to platform services. It is primarily used for secure and transparent exchange of values within the ecosystem\’s decentralized marketplace and for buying and selling in-game items and other digital assets.

Community Gaming Lays Off Employees

Web3 esports platform, Community Gaming, has laid off 17 employees, amounting to just over 17% of its workforce. The esports industry has faced challenges in recent months, forcing other businesses and teams to make similar decisions. Community Gaming remains optimistic that Web3 solutions can help esports organizations survive the downturn. The pandemic has disrupted live esports events and revenue streams, leading to layoffs, salary cuts, and closures in the industry. Despite the layoffs, CEO Chris Gonsalves expressed appreciation for the contributions of the affected employees and pledged to support them,

Undead Blocks Genesis Tournament

Undead Blocks is hosting the Spring Cleaning Genesis Tournament, where players can kill zombies for fun and profit. However, the tournament can only be played with Genesis NFTs. To make the game accessible to all, Undead Blocks has included an NFT rental system where players can borrow, play and earn. The tournament will run from April 28th through April 30th, and players have ten minutes to fight the zombie hordes. To buy weapons during the match, players need to hold the Genesis NFT for that weapon. Additionally, renters who win rewards will split their winnings with the NFT owners based on the percentage detailed in the rental contract.

Citizen Conflict Upcoming Alpha 2.0

Citizen Conflict has not yet revealed a launch date for their Alpha 2.0 playtest, but teasers and info are being released. It is rumored to launch before April ends. To participate, players will need a QORPO ID and an Alpha Key or NFT from the Citizen Conflict collection. Sign-up for QORPO ID is free on their website, while the NFTs can be bought on the Qorpo marketplace using CREDIT tokens, costing a few hundred dollars. The game is planned to be free to play in the future, so there may be more open alphas or betas later on.

Legends of Mara

Otherside has introduced a new feature that enables players to expand their Otherdeeds and detach Kodas from plots, in anticipation of the upcoming game Legends of the Mara. The new feature splits the plots into two collections, namely the original Otherdeeds and Otherdeeds Expanded. Expanding an Otherdeed involves claiming a Vessel, which destroys the original NFT and generates a new NFT with similar statistics in the collection Otherdeed Expanded. This process also air-drops a random Vessel NFT to the owner and a Koda NFT if a Koda is present on the plot. Moreover, the new Otherdeed\’s metadata is updated to include a Koda Origins Obelisk Piece.

Legends of the Mara\’s gameplay is not entirely known, but the game will feature Vessels that incubate Mara of the corresponding type after a period of dormancy. The Mara can consume a \”seasonal catalyst\” to evolve into Kodamara, inheriting traits from the Catalysts. The game operates in seasons, with each season having distinct catalyst effects.

\"Square — Square Enix Enters New Partnership and Gala Games New token

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Elixir Games and Square Enix have joined forces

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The partnership between Elixir Games, a major web3 PC game seller, and Square Enix, is expected to create a powerhouse that will incorporate blockchain technology into the way games work. Square Enix\’s interest in web3 gaming and its interactive Web3 project, Symbiogenesis, suggest that the two companies will work together to create new gaming experiences that leverage web3 technology. Elixir\’s recent integration with Epic Games and its position as the most important PC game distributor on the open web3 market make it an ideal partner for Square Enix. The partnership will allow millions of gamers to discover high-quality web3 games seamlessly.

Even though it\’s not clear how the two companies will work together, Elixir sells Web3 PC games, and Square Enix is known for getting gamers interested in Web3 games. The partnership, on the other hand, is likely to lead to the creation of a web powerhouse that will use blockchain technology in the way games work. This could give both businesses new ways to make money and give gamers a unique place to play.

Square Enix said at the beginning of this year that it was working on Symbiogenesis, an interactive Web3 project that would help build its Polygon. It\’s possible that Symbiogenesis and similar games will continue to work together in the future by using Elixir. Square Enix led the last round of funding for Elixir in December. Elixir recently linked its launcher to Epic Games as well. It will let other users of the platform play their Elixir games.

With a platform that hides web3 technology and makes the traditional player\’s experience seamless, the collaboration will let millions of gamers find high-quality web3 games.

Since 2021, Elixir Platform has been the most important PC game distributor on the open web3 market. As a result of Elixir\’s recent integration with Epic Games, traditional game distribution is now a part of the platform. It has become the main place where web2 and web3 desktop games can be bought and played.

Square Enix\’s NFTs

Square Enix has been pushing NFTs hard since the beginning of the year. Yosuke Matsuda, the company\’s former president, said that the company planned to put a lot of money into technology. The Final Fantasy 7 NFT cards that came out last month seem to be just the start of Square Enix\’s work to make these things better. Even though most players don\’t seem to care as much about NFTs.

Square Enix has already invested in and worked with some of the most important companies in the field. With Elixir\’s help, Enix is still the biggest international game publisher to use web3 technology. It has made a good plan for investing in web3 games with the hope that by 2023, blockchain games will be ready for a new stage of growth.

\”This partnership with Elixir Games is another step for Square Enix to explore the potential of web3-decentralized gaming,\” said Hideaki Uehara, who is in charge of business development at Square Enix.

CEO of Elixir Games Carlos Roldan also had something to say: \”Together with Square Enix, we\’re getting closer to having a lot of people play web3 games. Our team is very excited to put our technology to use, and we think that Elixir users will be able to play both web2 and web3 games without any difference. This year, more big names in their fields have already come into the space with important projects. We think there will be more as the year goes on. We\’ve done everything we can to make sure we\’re ready to grow.\”

About Square Enix

The Japanese company Square Enix makes and sells video games. In 2003, Square Co. Ltd. and Enix Corporation worked together to make it. Square Enix made a name for itself in the industry by making and publishing popular series. The game studio Square Enix made and published Final Fantasy, Dragon Quest, Kingdom Hearts, and Tomb Raider.

Square Enix is known for making games with great graphics, interesting stories, and cute characters. Many of its games have become well-known and have loyal fans. In addition to video games, the company has made music, clothing, and manga and anime versions of its most popular brands. The Square Enix Group publishes, markets, and licenses entertainment content all over the world under its well-known brands.

About Elixir Games

Elixir Games is a tech company that is based in the United States. It has employees in Europe, Asia, and the Americas. Since its start in 2018, it has been at the forefront of blockchain-based game distribution. Elixir gives users easy access to thousands of games by partnering with about 100 PC games and giving them full web2 and web3 connectivity. It is the most useful and full of content publishing platform available right now. Elixir Games is also the owner of NO WAY BACK and MONSTROPOLY. The beta versions of these two PC and mobile games that are unique to web3 will be out soon.

Because Square Enix and Elixir Games are working together, gamers are expecting the web3 industry to grow in ways that have never been seen before.

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Square Enix will Launch its Blockchain Games Next Year

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Next year, Square Enix will release its first NFT blockchain game. Plans for the future show that Web3 games will still be on its list.

Square Enix\’s plan for NFTs and blockchain technology is not clear, but it looks like this idea will be useful for the foreseeable future.

Square Enix\’s recent Outline of Financial Results Briefing indicates that the company will continue its web3 plans. The intention was evident in the statement made by its current CEO and president, Yosuke Matsuda. He was answering a question during the Financial Results Briefing, back on February 3rd, 2023.

Matsuda Shares Square Enix NFT Games Plans

Square Enix CEO Yosuke Matsuda says that the company\’s new blockchain games will come out in the fiscal year 2023/24. But this news comes after the company\’s latest album, Forspoken, did not do as well as expected. The number of sales of the game was called \”lackluster.\” Even with this setback, Square Enix is still optimistic about how well its blockchain games could do.

A reporter asked Matsuda about the company\’s growth plans for FY2024/25 during a Q&A session. Matsuda says that the big titles don\’t just come out during the fiscal year. He also added that the company has its release schedule in a way that includes a variety of new titles in FY2025/3 and beyond. Matsuda also says he hopes people will be excited about the blockchain games Square Enix plans to release in FY2024/25 and later.

Previous Popular Game Developers Attempt at Web3 Gaming

Several game companies, like Ubisoft, have tried out NFTs and blockchain technology in the past. With the announcement of Ubisoft Quartz in early 2022, Ubisoft\’s move into this area was one of the most well-known examples of a publisher looking into NFT technology. But the project lost steam after the first NFT game, Ghost Recon Breakpoint, came out.

But Square Enix\’s plan for its non-fungible tokens (NFTs) and blockchain technology is still not clear. No matter what happens, this idea is definitely here to stay in its long-term plans.

Dr. Disrespect, a popular streamer, recently called people who don\’t like NFTs \”brain-dead headline followers\” who don\’t see the potential of blockchain technology. Dr. Disrespect is currently making a game called Deaddrop that has to do with NFT.

Matsuda\’s answer started off well when he said Square Enix has a lot of new games coming out in the next few years. But his comment that the company plans to release blockchain games in the future is likely to be met with resistance from gamers. When blockchain gaming has been tried before, it has been met with hostility. So, if Square Enix goes ahead with this plan, it could lead to more questions about the future of the company.

Even though some gamers don\’t like the \”play to win\” business model, Square Enix is still getting into this market. Yosuke Matsuda said that Square Enix has a strong lineup of new games planned for FY2025/3 and beyond, which will help the company keep growing after the release of highly anticipated games like Final Fantasy XVI and the possible release of Final Fantasy VII Rebirth in FY2024/25. But he also said that the company planned to release blockchain games in FY2024/25 and later, and he hoped that people would be interested in them.

Matsuda, the New CEO and the Challenges ahead

Yosuke Matsuda has been the CEO of Square Enix for 10 years and has been promoting NFTs and blockchain technology for the past couple of years. He is now set to be replaced by Takashi Kiryu pending shareholder approval in June. The company says that the organizational changes are needed to try to come up with more new technologies. Kiryu, the new CEO, has only been with Square for a few years. Before that, he was a General Manager at the Dentsu Innovation Initiative, a business group that looked for opportunities in the metaverse and other places.

It looks like Square Enix has been having a lot of trouble lately. Its stock price has been going down for the past five years, and it has had trouble making successful games outside of its mobile gacha games and the Final Fantasy series. Even though the company tried to build on the success of the Final Fantasy VII Remake, Crystal Dynamics and Eidos Montreal recently left the company at a big discount. Square Enix is unhappy with how well third-party projects like Guardians of the Galaxy are selling. Also, it seems like some of its games don\’t get enough time, attention, or money to be fully successful.

It\’s certainly possible that Square Enix is looking to double down on new tech trends, including blockchain and NFTs, with the appointment of Takashi Kiryu as CEO. But it\’s also important to remember that the company has had some problems in recent years, like falling sales and trouble finding hits outside of its main series. Kiryu\’s history of looking into new technologies could help Square Enix find new ways to grow and succeed in Web3. But only time will tell how his hiring will change the overall strategy and direction of the company.

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Square Enix Partners With Polygon

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Square Enix Enters Partnership with Polygon for Symbiogenesis NFT Blockchain Game

Finally, Square Enix’s Web3 project Symbiogenesis has new updates and announcements. It enters into a partnership with the Polygon blockchain network to offer players fast, secure, and sustainable transactions. An experience centered around digital collectible art and a virtual turn-based adventure will be created through Symbiogenesis, where players will unfold a storyline. With each strategic move made by a player, the art will evolve accordingly.

Polygon Labs, the team responsible for the development and growth of the decentralized Polygon protocol, has partnered with Square Enix, a Japanese game developer and publisher, to launch an upcoming interactive Web3 digital collectible art experience called \”Symbiogenesis.\” The project utilizes the Polygon blockchain network to enable fast, secure, and sustainable transactions for players.

Symbiogenesis NFT Artwork Game

Symbiogenesis NFT artwork game is set on a mysterious floating continent. The project offers unique storylines that will use player activities and information to unravel and build the storyline. Players will hold digital collectible art that represents different characters. Additionally, players can unlock numerous engaging stories about this secretive world and its inhabitants by completing various missions, and by holding or trading digital collectible arts they can earn them.

In addition, players have the option to replicate and sell digital arts for their character. Thereby sharing their unique storylines with others and collaborating as a community to accomplish the mission. With Symbiogenesis, players can experience multiple endings. However, only three players who meet specific conditions will be selected to take part in the final \”World Mission,\” which will determine the ending of the story, the fate of the world, and everyone in it.

Naoyuki Tamate of Square Enix on Symbiogenesis

“Symbiogenesis was designed from the ground up on the blockchain and is designed to provide an exceptional experience for both community building and trading, Square Enix opted to tap into Polygon’s high transaction speeds, low gas fees, and overall user-friendliness to deliver this unique experience to Web3 fans.”

Through this interactive activity, players will have fun discovering more about the story and uncovering hidden items while exploring a virtual world. Symbiogenesis will feature a wide array of utility items initially issued off-chain, which players can choose to trade on-chain via Polygon.

In addition, Square Enix has announced a series of campaigns leading up to the launch of Symbiogenesis. It will help prospective players become more familiar with the project\’s integration of digital assets.

Urvit Goel of Polygon Labs on Square Enix Partnership

“We are extremely proud to collaborate with Square Enix, a highly respected gaming company with a proven track record spanning over several decades.

“Our latest collaboration just goes to show that Web3 is decisively getting more and more traction among the world’s largest developers, proving yet again that this innovative stack of technologies and the benefits they bestow have massive potential when it comes to gaming.”

Symbiogenesis Launch

The design of Symbiogenesis was centered around providing a positive experience for both community building and trading. To achieve this, Square Enix chose to utilize Polygon\’s high transaction speeds, low gas fees, and overall user-friendliness.

By leveraging the Polygon network, Square Enix can ensure that Symbiogenesis is highly sustainable. Polygon provides carbon-neutral transactions, while also taking advantage of Ethereum\’s robust inherent security and decentralization.

Symbiogenesis eyes a launch window in spring 2023.

Since its launch in 2003, Square Enix has been progressively moving toward Web3. In a New Year\’s letter from the company\’s president, Yosuke Matsuda, the company reiterated its commitment to blockchain gaming. Moreover, it pledges to make aggressive investments and business development efforts in the area of blockchain entertainment.

As part of Square Enix\’s 2023 strategy, there are multiple blockchain games based on original intellectual property currently in development. Despite some skepticism among gamers about blockchain integration, investment in Web3 gaming continues to increase. There are several bullish activities happening in 2023 in the face of the broader crypto market downturn. In fact, during the third quarter of 2022, venture capital funds invested an estimated $1.5 billion into Web3-based companies.

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Square Enix Shares Plans Blockchain

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Despite the crunch time in the crypto industry, Square Enix stays on course. Square Enix is the company that made games like Final Fantasy and Dragon Quest, which have become very popular. The crypto industry and blockchain games aren’t having the best of times lately. These industries boomed in both 2021 and 2022, but the reasons were poles apart. In 2021, crypto and blockchain games went super bullish and attracted a ton of investment. However, in 2022, both domains flamed out and remained down in the bearish trend. However, Square Enix, right at the beginning of 2023, made it clear that they were fully focused on blockchain gaming projects. Moreover, their new business development efforts are also eyeing blockchain-powered games and projects.

Square Enix is Robust in Blockchain Gaming Sector

With its massively successful videogame IP Final Fantasy, Square Enix is a well-known name in traditional gaming. Now, Square Enix is eyeing expansion to Web 3.0 games with the help of blockchain technology integration. Besides, it is working on \”multiple blockchain games\” without using its previous famous IPs. Yosuke Matsuda, the president of Square Enix, also said that this year there will be more blockchain games. The letter by Matsuda read, \”[We] will continue to take stakes in promising businesses, whether we find them in Japan or abroad.\”

Yosuke Matsuda Take on Web 3.0 Games

Matsuda also talked with Square Enix fans about the problems the gaming industry will face in 2022. He referred to the FTX collapse in November and how it impacted the industry in the coming months. He also talked about Web 3.0 and how it is being used more and more, calling it \”a well-established buzzword among businesspeople.\” However, he seems quite positive in his letter about the future of Web 3.0. \”Blockchain has been an object of exhilaration and a source of turmoil,\” Matsuda explained, \”but with that in the rearview mirror, we hope that blockchain games will transition to a new stage of growth in 2023.\”

Square Enix Flagship Blockchain Game Project Symbiogenesis

Square Enix keeps moving toward blockchain gaming, even though its fans and other fans of traditional games have spoken out against it. Back in November, Square Enix announced its first NFT game project; Symbiogenesis. Square Enix says that the game is a digital experience where you can collect art and tell a story. Moreover, the creator\’s recent tweet about the game added, “gameplay revolves around choosing whether to monopolize or [share]” information with other players in the community.

Besides Symbiogenesis, Square Enix is also working as a strategic advisor for another blockchain game, Cross the Ages. Cross the Ages is a digital collectible trading card game using the Polygon blockchain. Square Enix also invested in a Bitcoin gaming startup by the name of Zebedee. Additionally, Square Enix also has stakes in the popular blockchain game The Sandbox. Square Enix recently said that it will bring back \”Dungeon Siege,\” a much-anticipated game that has been put on hold, as an in-game experience in the Sandbox.

Final Fantasy VII NFTs and Push to Blockchain Gaming Domain

Not long ago, Square Enix announced that it planned to launch Final Fantasy NFTs on Polkadot. These NFTs will be part of Final Fantasy VII along with physical trading cards and toys. In 2022, Square Enix sold its internal gaming studios in the West, along with major IPs like Tomb Raider and Deus Ex, to Embracer Group. The deal brought $300 million to Square Enix, which it regarded as helpful in its push into blockchain games.

Other Famous Traditional Game Publishers Dipping Toes into Web 3.0 Games

There are only a handful of traditional gaming publishers that are expanding their ventures into blockchain gaming. Ubisoft launched its first game with NFTs, Ghost Recon: Breakpoint. Moreover, it also has investments in several crypto gaming studios. Besides, Take-Two is another big name that has pushed into the NFT space via its own casual game studio, Zynga. On the contrary, Rockstar isn’t a fan of NFTs, as it banned them on GTA V servers. Similarly, Valve is also not showing any interest in giving space to blockchain or NFT games on its popular game marketplace, Steam.

Check out our take on what to expect from Gamefi in 2023. In the article, we discussed how 2022 went for Gamefi and what sort of new challenges we might expect to see in 2023. Do visit our website and Youtube channel for more on \”play-to-earn games\” and game reviews.

Square Enix Shares Its Plans for Blockchain Games in 2023

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Square Enix is Robust in Blockchain Gaming Sector

Yosuke Matsuda Take on Web 3.0 Games

Square Enix Flagship Blockchain Game Project Symbiogenesis

Final Fantasy VII NFTs and Push to Blockchain Gaming Domain

Other Famous Traditional Game Publishers Dipping Toes into Web 3.0 Games

Square Enix Announces it\’s First Ever Ethereum-Based NFT Game

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Exciting development in NFT games as Japanese big shot Square Enix announces its first Web3 project.

Square Enix is a renowned name when it comes to gaming, its flagship project is Final Fantasy, and Tomb Raider which enjoys massive popularity throughout the globe.

Now, Square Enix enters into the transitional phase from Web2 to Web3 with its new NFT gaming project, Symbiogenesis. It is an Ethereum NFT web-based game.

The announcement came yesterday and the game is termed an interactive NFT art-collecting game. Square Enix calls Symbiogenesis a franchise, which means that the project is here to stay.

Additionally, the developer has clear plans to back this franchise with a massive ecosystem that will drive the game.

The release date isn’t officially out there as of yet. However, Square Enix did reveal the launch window where we can expect the game to hit the markets during the Spring of 2023.

As for the game or gameplay, there isn’t much information out there at the moment. The only information is that the game is interactive, narrative-driven, and web-based. Moreover, players will have their own NFT avatars engage in missions revolving around questions of monopolization and distribution of resources, and several other exciting game modes backed by blockchain.

Previously, Square Enix announced Final Fantasy NFTs on the game’s silver jubilee. These NFTs will also launch next year alongside the much-anticipated game.

Besides, the developer also plans to bring the Dungeon Seige franchise into another blockchain platform; The Sandbox. Square Enix believes that NFT\’s will revolutionize the gaming industry.

Square Enix is not alone when it comes to taking a leap from traditional gaming towards Web3 gaming. Some other big names include Ubisoft, Team17, and Sega which are making heads in blockchain gaming and NFT projects.

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Square Enix Announces it\’s First Ever Ethereum-Based NFT Game

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Exciting development in NFT games as Japanese big shot Square Enix announces its first Web3 project.

Square Enix is a renowned name when it comes to gaming, its flagship project is Final Fantasy, and Tomb Raider which enjoys massive popularity throughout the globe.

Now, Square Enix enters into the transitional phase from Web2 to Web3 with its new NFT gaming project, Symbiogenesis. It is an Ethereum NFT web-based game.

The announcement came yesterday and the game is termed an interactive NFT art-collecting game. Square Enix calls Symbiogenesis a franchise, which means that the project is here to stay.

Additionally, the developer has clear plans to back this franchise with a massive ecosystem that will drive the game.

The release date isn’t officially out there as of yet. However, Square Enix did reveal the launch window where we can expect the game to hit the markets during the Spring of 2023.

Previously, Square Enix announced Final Fantasy NFTs on the game’s silver jubilee. These NFTs will also launch next year alongside the much-anticipated game.

Square Enix Announces it\’s First Ever Ethereum-Based NFT Game

Leave a Comment

Exciting development in NFT games as Japanese big shot Square Enix announces its first Web3 project.

Square Enix is a renowned name when it comes to gaming, its flagship project is Final Fantasy, and Tomb Raider which enjoys massive popularity throughout the globe.

Now, Square Enix enters into the transitional phase from Web2 to Web3 with its new NFT gaming project, Symbiogenesis. It is an Ethereum NFT web-based game.

The announcement came yesterday and the game is termed an interactive NFT art-collecting game. Square Enix calls Symbiogenesis a franchise, which means that the project is here to stay.

Additionally, the developer has clear plans to back this franchise with a massive ecosystem that will drive the game.

The release date isn’t officially out there as of yet. However, Square Enix did reveal the launch window where we can expect the game to hit the markets during the Spring of 2023.

Previously, Square Enix announced Final Fantasy NFTs on the game’s silver jubilee. These NFTs will also launch next year alongside the much-anticipated game.