Square Enix Partners With Polygon

Square Enix Partners With Polygon

Play To Earn Games | 08 May 2024 12:17 UTC

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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