Sq. Enix, the game developer behind widespread titles comparable to Closing Fantasy, Dragon Quest, and House Invaders, has launched its first NFT game, dubbed Symbiogenesis. The game will probably be primarily based on the Ethereum blockchain and is aimed to appease Web3 fans as the corporate tries to realize a foothold on this fast-evolving area.
Symbiogenesis was introduced throughout a Web3 occasion held contained in the India Game Builders Convention (IDGC) on Thursday.
The game is “set in a self-contained world the place a large forged of characters symbiotically work together.” These characters may be collected as NFTs and used for social media profile photos (PFP) or as characters in a narrative that takes place in “an alternate world the place the participant can ’untangle’ a thriller by finishing missions that revolve round questions of the monopolization and distribution of assets.” With each strategic transfer you make, the extra the story unfolds.
Nonetheless, the sale of the NFTs is ready to take place within the spring of 2023. Symbiogenesis is the results of a few years of planning by Sq. Enix as the corporate sought to place itself within the Web3 business. The area is taking form quick, and it’s fueled by digital tokens, with many believing it’s the subsequent iteration of the web.
Sq. Enix Has Been In Web3 For A Whereas
Sq. Enix first confirmed curiosity within the area again in 2019 when the corporate’s president, Yosuke Matsuda, acknowledged the influence blockchain may have on future video games. And he was proper, because the blockchain gaming area has seen over 2,000% progress prior to now yr. Additionally, prime corporations inside the NFT and blockchain gaming area managed to boost over $10.5 billion within the first half of 2022.
After recognizing blockchain’s potential in 2019, the subsequent yr would see Sq. Enix lead a $2 million funding spherical in Sandbox in March 2020. And the next yr, the corporate launched digital stickers (NFTs) for Million Arthur in collaboration with Double Leap.Toyko, a Web3 studio.