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“Final Fantasy” Builder Square Enix Picks Arbitrum for NFTs

by SB Crypto Guru News
May 31, 2024
in Blockchain
Reading Time: 2 mins read
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Square Enix, renowned for its Final Fantasy and Dragon Quest game series, is now using the Arbitrum network for its blockchain game, Symbiogenesis.

The developer revealed that the next batch of 1,500 NFT characters for Symbiogenesis will be minted on Arbitrum, an Ethereum Layer-2 scaling solution, starting May 31. These characters will be released in small batches through a three-day public auction.

Previously, Symbiogenesis character NFTs were minted on the Ethereum mainnet, with other assets on Polygon, another Ethereum scaling solution. Square Enix has not confirmed if it will continue using Polygon or shift entirely to Arbitrum for all future assets.

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The official Symbiogenesis Twitter account confirmed the change with the announcement:

For Chapter 2, we’ve adopted Arbitrum, reducing the gas fees to about 1/1000 of the previous cost (around 1.3 yen per bid).

To assist participants, Square Enix has provided a guide on how to bridge assets to Arbitrum One.

Symbiogenesis is a narrative adventure game that integrates character and in-game item NFTs, with exclusive areas and experiences accessible only to character NFT owners. The game plans to release a total of 10,000 unique characters.

By reducing transaction costs and enhancing user experience, Square Enix demonstrates its commitment to leading innovation in the blockchain gaming industry.

In other news, The Sandbox, a decentralized gaming platform, has officially launched The Sandbox DAO, enabling SAND token holders and LAND NFT owners to vote on governance issues and suggest enhancements.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.




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Tags: ArbitrumBitcoin NewsBuilderCrypto NewsCrypto UpdatesEnixFantasyFinalLatest News on CryptoNFTsPicksSB Crypto Guru NewsSquare
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