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Square Enix Announced 'Symbiogenesis' With Heavy Blockchain Integration

Square Enix announced its upcoming original IP titled 'Symbiogenesis.' The game will feature heavy blockchain integrations in the form of cryptocurrencies and collectible art NFTs. Square Enix stated that the game will host a wide cast of characters, each of which can be collected as a unique digital artwork.

Square Enix confirmed that the story will be set in its own, self-contained world, meaning this is not a spin-off of one of its popular video game series, such as Final Fantasy or Kingdom Hearts. Additionally, the value of the in-game NFTs do not end when the game is closed, as Square Enix stated that the NFT artworks can be used on social media and in "an alternate world where the player can 'untangle' a mystery by completing missions that revolve around questions of the monopolization and distribution of resources."

The Japanese game developer and publisher has yet to release concrete details surrounding the release date, gameplay style, or platform for the upcoming game. However, a general release window of 2023 Spring has been given.
Trend Themes
1. Collectible NFT Games - Opportunity for game developers to integrate unique digital art NFTs into video games and increase engagement with players through collectibles.
2. Blockchain Integration in Gaming - Opportunity for blockchain developers to partner with gaming companies to incorporate cryptocurrencies and NFTs into gaming ecosystems.
3. Virtual Economies - Opportunity for entrepreneurs to capitalize on the creation of virtual economies within video games using cryptocurrencies and NFTs.
Industry Implications
1. Gaming - Potential to disrupt the gaming industry through the use of NFTs and cryptocurrencies to create collectibles, in-game assets, and virtual economies.
2. Blockchain - Disruptive innovation opportunities within the blockchain industry by integrating cryptocurrencies and NFTs into video games to create new business models and revenue streams.
3. Social Media - Opportunity for social media companies to explore the use of NFTs and blockchain technology to enhance user engagement through collectibles and virtual experiences.

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