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Home Crypto News

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

URECOMM NEWS by URECOMM NEWS
February 17, 2023
in Crypto News
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Square Enix to Use Polygon’s Network in Symbiogenesis, Its Upcoming Web3 Experience – Blockchain Bitcoin News
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Japanese gaming company Square Enix has recently announced that it will be using Polygon, an Ethereum sidechain, as a base for Symbiogenesis, its upcoming Web3 experience. Naoyuki Tamate, producer of the game, cited the high transaction speeds and low transaction gas costs as the reasons for making this change in the game’s design.

The game, which will feature several art non-fungible tokens (NFTs) as part of its story, revolves around the realization of missions and collecting resources in a land called the floating continent. Symbiogenesis producer Naoyuki Tamate at Square Enix stated that the company opted to tap into Polygon’s high transaction speeds, low gas fees, and overall user-friendliness to deliver this unique experience to Web3 fans.

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Square Enix had previously stated that the game would use Ethereum as part of its structure. However, it clarified through Twitter that Polygon’s blockchain would be used for the game utility, while Ethereum would be used for the NFT collectible art component.

Web3 gaming is still relevant, despite some blockchain gaming trends — like the play-to-earn model — experiencing a significant downfall as part of the recent turbulence of the cryptocurrency market. Urvit Goel, vice president of global games and platform business development at Polygon Labs, believes that Web3 adoption in games will continue to grow, with developers realizing the benefits of this model. He explained that their 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 will ostensibly be the first AAA game designed from the ground up with blockchain elements. However, this is not Square Enix’s first dance with blockchain. The company is currently a validator in Oasys, a gaming-oriented Web3 blockchain initiative. It also announced in January that several original IP blockchain games are under development, and it is prepared to unveil more of them this year.

The utilization of blockchain technology in gaming has been growing since its inception in 2008, and it is expected to keep growing in the years to come. The integration of blockchain technology in gaming offers a new level of interactivity and engagement for players, as well as a more secure way of handling in-game assets.

The use of Polygon’s blockchain in Symbiogenesis is a great example of how blockchain technology can be used to enhance gaming experiences. The high transaction speeds and low transaction gas costs offered by Polygon make it an ideal blockchain for gaming. Additionally, the use of Ethereum for the NFT collectible art component ensures that players will have access to a secure and reliable blockchain for their in-game assets.

The potential of blockchain technology in gaming is immense, and it is only a matter of time before we see more developers utilizing blockchain to enhance their gaming experiences. Square Enix’s decision to use Polygon for Symbiogenesis is a great step forward in the integration of blockchain technology in gaming, and it is likely to inspire more developers to explore the possibilities of blockchain technology in the gaming industry.

The use of blockchain technology in gaming is still in its early stages, and it is expected to continue to evolve in the years to come. As developers continue to explore the potential of blockchain technology, we can expect to see more innovative and exciting gaming experiences that utilize the power of blockchain technology.

The utilization of blockchain technology in gaming can bring a new level of interactivity and engagement for players, as well as a more secure way of handling in-game assets. Blockchain technology has the potential to revolutionize the gaming industry, and the use of Polygon in Symbiogenesis is a great example of how blockchain technology can be used to enhance gaming experiences. We can only wait and see what the future holds for the gaming industry and blockchain technology.

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