Square Enix to Use Polygon Network in Symbiogenesis, Its Upcoming Web3 Experience – Blockchain Bitcoin News

square enix symbiogenesis polygon

Japanese gaming company Square Enix has announced that it will be using Polygon, an Ethereum sidechain, as the basis for Symbiogenesis, the upcoming Web3 experience. Naoyuki Tamate, the game’s producer, cited the high transaction speeds and low transaction gas costs as the reasons for making this change to the game’s design.

Square Enix to Leverage Polygon for Symbiogenesis Blockchain Operations

Japanese game development company Square Enix has given an update on the development of Symbiogenesis, its upcoming Web3-based experience announced in November. The body reveal it would use Polygon, an EVM-compatible sidechain, to support part of the blockchain component of the game.

The game, which will have some non-mungible art tokens (NFTs) as part of its story, revolves around the realization of a mission and the gathering of resources in a country known as the floating continent. Regarding the use of the Polygon network in the game, Symbiogenesis producer Naoyuki Tamate at Square Enix said:

Square Enix chose to take advantage of Polygon’s high transaction speeds, low gas fees, and its overall user friendliness to deliver this unique experience to Web3 fans.

Square Enix previously said that the game would use Ethereum as part of its structure. However, he clarified through Twitter that the Polygon blockchain would be used for the game utility, and Ethereum would be used for the NFT collectible art component.

Web3 Gambling Still Relevant

Although some blockchain gaming trends – such as the play-to-earn model – have declined significantly as part of the recent turbulence in the cryptocurrency market, there are still some companies that believe in the possibilities that decentralized structures can bring to experiences gambling.

Urvit Goel, vice president of global games and platform business development at Polygon Labs, believes that Web3 adoption in games will continue to grow, as developers realize the benefits of this model. On this, Goel explained:

Our latest collaboration shows that Web3 is definitely gaining more and more traction among the world’s leading developers, proving once again the enormous potential of this innovative technology stack and the benefits they bring to gambling.

While Symbiogenesis appears to be the first AAA game designed from the ground up with blockchain elements, this isn’t Square Enix’s first dance with blockchain. The company is currently a collector in Oasys, a Web3 blockchain initiative focused on gaming. It also announced in January that it has several original blockchain IP games in development, and is set to unveil more of them this year.

What do you think about Square Enix using Polygon in Symbiogenesis? Tell us in the comments section below.

img 20220427 085821 931 - Top Cripto

Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price spike occurred during December 2017. Having a computer engineering background, living in Venezuela, and influenced by the cryptocurrency boom on a social level, it offers a different perspective. about the success of crypto and how it helps the unbanked and underserved.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Casimiro PT / Shutterstock.com

Denial: This article is for informational purposes only. Not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.

Enter email for news in PDF

Do not miss our latest news!

iWe don't spam! More information in our política de privacidad

Be the first to comment

Leave a Reply

Tu dirección de correo no será publicada.