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

0

[ad_1]

Japanese gaming company Square Enix has 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.

Square Enix to Harness Polygon for Symbiogenesis’ Blockchain Operations

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

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. Regarding the utilization of Polygon’s network in the game, Symbiogenesis producer Naoyuki Tamate at Square Enix stated:

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.

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 Still Relevant

While some blockchain gaming trends — like the play-to-earn model — have experienced a significant downfall as part of the recent turbulence of the cryptocurrency market, there are still some companies that believe in the possibilities that decentralized structures might bring to gaming experiences.

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. About this, Goel explained:

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.

While Symbiogenesis will ostensibly be the first AAA game designed from the ground up with blockchain elements, 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.

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

Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

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

Disclaimer: This article is for informational purposes only. It is 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 of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It

[ad_2]

Source link

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 74,536.00
ethereum
Ethereum (ETH) $ 2,119.59
tether
Tether (USDT) $ 0.999139
bnb
BNB (BNB) $ 684.05
usd-coin
USDC (USDC) $ 0.999510
xrp
XRP (XRP) $ 1.09
solana
Solana (SOL) $ 86.23
tron
TRON (TRX) $ 0.317669
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.06
zcash
Zcash (ZEC) $ 1,208.91
hyperliquid
Hyperliquid (HYPE) $ 73.27
monero
Monero (XMR) $ 596.40
dogecoin
Dogecoin (DOGE) $ 0.068962
usds
USDS (USDS) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 71.92
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
leo-token
LEO Token (LEO) $ 9.26
chainlink
Chainlink (LINK) $ 10.52
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
cardano
Cardano (ADA) $ 0.176147
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
stellar
Stellar (XLM) $ 0.146012
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
ethena-usde
Ethena USDe (USDE) $ 0.998814
bitcoin-cash
Bitcoin Cash (BCH) $ 242.02
near
NEAR Protocol (NEAR) $ 3.51
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
dai
Dai (DAI) $ 1.00
uniswap
Uniswap (UNI) $ 6.79
susds
sUSDS (SUSDS) $ 1.08
litecoin
Litecoin (LTC) $ 50.75
avalanche-2
Avalanche (AVAX) $ 8.03
canton-network
Canton (CC) $ 0.089424
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
sui
Sui (SUI) $ 0.825615
usd1-wlfi
USD1 (USD1) $ 0.998220
blockchain-usd
Blockchain USD (USDB) $ 0.932324
tether-gold
Tether Gold (XAUT) $ 4,095.40
weth
WETH (WETH) $ 2,268.37
rain
Rain (RAIN) $ 0.004638
hedera-hashgraph
Hedera (HBAR) $ 0.067237
the-open-network
Gram (prev. Toncoin) (GRAM) $ 1.03
usdt0
USDT0 (USDT0) $ 0.998824
quant-network
Quant (QNT) $ 201.63
paypal-usd
PayPal USD (PYUSD) $ 1.00
global-dollar
Global Dollar (USDG) $ 1.00
ripple-usd
Ripple USD (RLUSD) $ 1.00
shiba-inu
Shiba Inu (SHIB) $ 0.000004
bittensor
Bittensor (TAO) $ 218.02
Shares