Square Enix Announced Symbiogenesis a new NFT collectible art project
Square Enix Announces Symbiogenesis a new NFT collectible art project.?It?will also launch a free browser service alongside this art project in Spring 2023.
The launch of the Symbiogenesis franchise, a new NFT collectible art project, was announced by Square Enix, a leading Japanese AAA game developer, and publisher. This Symbiogenesis project will use Ethereum as the game's blockchain component and it will utilize non-fungible tokens (NFTs) as art which users can set up as profiles and sell on a separate market.
One of the first NFT-based interactive experiences was Symbiogenesis. Recently, the company participated at the India Game Developers Conference where Square Enix finally explained that the game's premise will be entirely different.
This is the first Web3 based project that the company will build from the ground up. This type of decentralized element has been supported by several traditional AAA gaming companies, including Square Enix.
Square Enix announced in May that blockchain would be considered for the launch of new IPs using NFTs as part of its world-building components. Recently, the firm went for collaborated with the Japanese Web3 gaming blockchain project Oasys which is also a Japanese Web3 gaming blockchain project. In addition, Square Enix is taking part in the Oasys blockchain's mainnet launching as a validator.
The company's large franchises will also serve as themes for future NFT products. In July, Square Enix announced that as part of the franchise's 25th anniversary celebrations, the company would release an NFT compilation of the blockbuster hit Final Fantasy VII. On top of the Efinity network powered by Enjin, these will be issued.
CBW - External Analyst