1. Home
  2. square enix

square enix

Final Fantasy Publisher Square Enix Invests in Soccer Metaverse Game on the Polygon Blockchain

Final Fantasy Publisher Square Enix Invests in Soccer Metaverse Game on the Polygon BlockchainSoccerverse, a massively multiplayer football management game, has successfully raised $3.1 million in a strategic funding round led by renowned games industry publisher Square Enix, with additional participation from early investor Hiro Capital. This brings the total funding to $4 million. Founded by ex-Soccer Manager CEO Andrew Gore and blockchain gaming pioneers Andrew Colosimo and […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Animoca Brands Japan Teams up With Square Enix to Market ‘Symbiogenesis’ and Its NFT Collection

Animoca Brands Japan Teams up With Square Enix to Market ‘Symbiogenesis’ and Its NFT CollectionAnimoca Brands Japan, a subsidiary of Animoca Brands, has signed an Memorandum of Understanding with Square Enix to assist in the marketing of the upcoming game Symbiogenesis and its related NFT collection. Square Enix, known for high-profile games like Final Fantasy and Kingdom Hearts, will leverage Animoca’s experience in Web3 to facilitate Symbiogenesis’s overseas expansion, […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Square Enix announces auction dates for Symbiogenesis NFTs

The company said Symbiogenesis NFTs will be auctioned off in three separate phases.

Final Fantasy game developer Square Enix announced auction dates for its upcoming Symbiogenesis non-fungible tokens (NFTs). In a Nov. 24 social media post, the team said it would sell the NFTs in three batches. The first batch will be auctioned from Nov. 27-28, the second from Nov. 30-Dec. 4 and the third from Dec. 2 to Dec. 3. Symbiogenesis is Square Enix’s upcoming blockchain game that features Ethereum-based NFTs.

According to the game’s documents, the first phase will include facet and mesh characters and will only allow “stakeholders” to participate. This seems to imply that only early investors will be able to participate in the Novemb 27-28 phase. The second and third phases will be available to participants in an “allowlist entry campaign,” the documents state.

From Nov. 7 to Nov21, the game’s team ran the allowlist entry campaign. Collectors were asked to participate in a series of quizzes, as well as a “treasure hunt” that took place within a prototype version of the Symbiogenesis game world.

Symbiogenesis game world, as shown on its homepage. Source: Square Enix.

The participants earned NFT “relics” as a result of these activities, and they scored points toward participating in phase 2. The to 50 highest scores will be allowed to acquire NFTs in phase 2, as well 40 random participants ranked 51st to 300th. The rest of the participants will be allowed to bid on items in phase 3.

Square Enix describes Symbiogenesis as a "narrative-unlocked NFT entertainment" game. It is scheduled to be launched on Dec 21.

Square Enix is the creator of the Final Fantasy series of games, which the company claims has sold over 173 million units. It launched Final Fantasy NFT trading cards on March 31. In April, the company announced it was partnering with Web3 infrastructure provider Elixir, although details of the partnership have been scarce.

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Nifty News: Yuga Labs scores court battle win, Mandala Metaverse to drop on Polkadot and more…

A Metaverse/AR story game is coming to Polkadot, Square Enix has made another Web3 gaming play, and an NFT esports cricket game has launched on Tezos.

Bored Ape Yacht Club (BAYC) creators Yuga Labs has scored a key win in its long-running court battle with Ryder Ripps, the co-creator of copycat NFT project RR/BAYC.

Yuga Labs initially filed a complaint against Ryder Ripps and co-founder Jeremy Cahen back in July 2022, alleging that the duo had engaged in trademark infringement, false advertising, and unfair competition, among other things.

In a pre-trial summary judgment ruling on April 21, a U.S. district court in central California found that Ripps and Cahen had infringed Yuga Lab’s trademarks with their RR/BAYC NFT collection.

The Court further ruled that Yuga Labs is entitled to an injunction and damages, the latter of which will be determined at trial.

In a message shared with Cointelegraph, a Yuga Labs spokesperson said:

"In a landmark legal victory for web3, a federal judge found that Ryder Ripps and Jermey Cahen infringed Yuga Lab’s intellectual property. This isn’t just a win for us, it’s a win for the entire web3 industry to hold scammers and counterfeiters accountable."

Ryder Ripps and Jeremy Cahen created the BAYC derivative NFT collection RR/BAYC back in May 2022 as a satire and protest against Yuga Labs. The project essentially uses all of the same imagery from the BAYC NFTs.

Copycat NFTs. Source: rrbayc.com

Ripps in particular, is behind a conspiracy theory in which he alleges that Yuga Labs purposely designed the BAYC NFT artwork to convey racist caricatures. Additionally, Ripps also asserts that the project’s logo and branding have several nods to certain Nazi symbology and language.

Mandala Metaverse to drop on Polkadot

Upcoming cross-chain augmented reality (AR) game Mandala Metaverse has chosen Polkadot parachain Astar Network to host its first major NFT drop on April 28.

Mandala Metaverse is a story-based project that has content spanning across TV, graphic novels, gaming and AR. Its gaming elements have been developed in Epic Game’s Triple-A quality Unreal Engine.

The drop is called the “Cryptonauts” and the NFTs depict different avatars that will serve as playable characters in the game. The artwork was illustrated by comic artist Bruce Zick, who has worked on projects for giants such as Disney and Marvel.

Polkadot is not necessarily a blockchain that is known for hosting gaming and NFT projects, with the network not even having any recorded sales data on aggregators such as Crypto Slam.

Regarding the decision to take the Cryptonauts NFTs to Polkadot, Mandala Metaverse CEO Jon Shanker, noted:

"Polkadot has real future-proof NFT applications, such as nesting, staking and the ability to send NFTs over bridges - plus many other innovative ways to use NFT assets. We can now do things we didn’t think were possible."

Square Enix partners with Elixir Games

Final Fantasy developers Square Enix has partnered with Web3 infrastructure firm Elixir Games to bring blockchain gaming to the mainstream.

The move was announced on April 19, however specific details on the partnership are sparse at this stage.

Elixir hosts both traditional and Web3 games on its platform, and also offers Web3 distribution features for its partnered games, such as NFTs sales and marketplaces.

As such, Square Enix will likely take advantage of those features when launching games via Elixir, something the firm has become increasingly interested in doing over the past year or so.

Related: NFT.NYC: Games and tokenization are driving NFT industry maturation

“This partnership brings us closer to Web3 gaming mass adoption. Our team is incredibly excited to bring our technology to work, and we foresee Elixir users playing Web2 and Web3 games alike without distinction,” Carlos Roldan, Elixir Games CEO, said as part of the announcement, adding that:

“2023 has already seen more industry leaders enter the space with impactful projects, and we anticipate to see more as the year progresses. We’ve put all efforts to ensure we are ready for scalability.”

NFT cricket game on Tezos

A free-to-play multiplayer NFT cricket strategy game called “Cricket Stars” has been launched on the Tezos blockchain.

The game is being led by Tezos India — an organization that focuses on developing projects on Tezos — in partnership with esports game publisher GoLive Games. Despite the name however, no licensing deals with actual cricket stars appear to be in place.

Cricket Stars. Source: GoLive Games

Cricket Stars follows a similar model to other sports NFT games like Sorare, by offering player cards that can be used have an affect on the game, or traded on the market place. The game also offers player vs player modes, knockout tournaments and esports tournaments.

"We understand the power of blockchain technology and its role in the gaming ecosystem. Our partnership with Tezos India is an astounding statement of blockchain technology becoming an integral part of the gaming industry," noted GoLive Games founder Ravi Kiran as part of the announcement. 

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Nifty News: Trump NFTs pump after indictment, Q1 trading volume hits $4.7B and more…

The total NFT market trading volume in Q1 hit $4.7 billion, more than doubling the previous quarter, while Square Enix dropped Final Fantasy trading cards that can't actually be traded, yet.

Oddly, following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the officially licensed Trump Digital Trading Cards NFT project pumped.

According to data from OpenSea, NFT traders were seemingly spurred into action by the announcement, with the floor price moving from 0.46 Ether (ETH) or $835 at current prices, to as high as 0.6 ETH ($1090) on the same day.

Trump Digital Trading Cards floor price. Source: OpenSea

It is worth noting that when the project launched in December, it offered exclusive one-on-one experiences to certain NFT hodlers, such as private golf sessions, dinners and conversations with Trump.

Given the indictment news, it could potentially have an impact on the forty-fifth's potential to deliver on such experiences. 

At the time of writing, the floor price has since dropped back to around the 0.51 range. The price still sits well above the initial mint price of $99 from December.

NFT sales hit $4.7B in Q1

According to a March 30 report from blockchain analytics platform DappRadar, there was a total of $4.7 billion worth of NFT trading volume in Q1, more than double that of the previous quarter.

The firm pointed to bullish action coming from the Blur marketplace in particular, which took the market by storm in February during its token airdrop farming period.

The $4.7 billion came from a total of 19.4 million NFT sales in Q1, marking an increase of 8.56%, while total volume increased by 147% compared to the $1.9 billion posted in Q4 2022.

Total NFT market trading volume. Source: DappRadar

The Ethereum network accounted for a whopping $4.1 billion worth of the volume, with second-placed Solana contributing $242 million, while Polygon notably ranked third with $85 million for the quarter.

Trading volume by blockchains. Source: DappRadar

Square Enix drops Final Fantasy NFT trading cards

Square Enix, the Japanese gaming giant behind the widely popular Final Fantasy franchise, has released NFT trading cards in celebration of the twenty-fifth anniversary of Final Fantasy VII.

The NFTs come as part of the Final Fantasy VII Anniversary Art Museum Digital Card Plus collection, which features five physical cards and a sixth digital NFT card.

Final Fantasy VII trading card artwork. Source: Square Enix

However, despite being called trading cards, Square Enix stated on its website that the NFTs can’t actually be traded or transferred at this stage, unless the company decides to build a marketplace in the future.

“If we decide to support the marketplace in the future, we will notify you,” the website reads.

The packs were dropped on March 31 and cost around $3.30 a pop, with the card artwork depicting various characters and scenery from the iconic Final Fantasy VII game.

While it is unclear if the firm intends to build a marketplace to support its digital collectibles, Square Enix has been gradually ramping up its NFT and blockchain gaming-related initiatives over the past couple of years, suggesting something could be in the works.

NFT flight tickets

Low-cost Argentinean airline Flybondi has launched domestic NFT flight tickets under an initiative called “Ticket 3.0.”

According to a rough translation of a March 29 announcement from the firm, users of the new service will be able to directly change names on the tickets, transfer them to other people, or give them away, essentially streamlining the firm’s current ticketing models.

Ticket 3.0. Source: Flybondi

“With Ticket 3.0, our passengers will have greater flexibility and control over their trips because they will be able to transfer, rename or give away their tickets in a simple and autonomous way,” noted Flybondi CEO Mauricio Sana, adding that:

“With this launch, we seek to generate a positive impact in the aviation industry through innovation and an application of blockchain technology.”

The move comes as part of an expanded partnership with NFT ticketing company TravelX, which launched late last year and utilizes the Algorand blockchain for its tokenization.

Other Nifty News:

Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity, has officially partnered with layer-2 scaling platform Polygon to make NFT authentication possible.

On March 27, United States-based ticketing company Ticketmaster announced a new feature — token-gated ticket sales — allowing artists to reward NFT holders with exclusive benefits, including “special presales, prime seats, custom travel packages and access to unique concert experiences.”

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

The Pokémon Company Might Be Preparing to Make Moves in the Metaverse

The Pokémon Company Might Be Preparing to Make Moves in the MetaverseThe Pokemon Company, a corporation in charge of the development of the Pokemon brand, might be preparing to make some moves regarding the franchise and the metaverse. The company has opened a job opportunity that includes experience and knowledge of fields like blockchain, Web3, and the metaverse as a requirement, including connections with investors in […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Nifty News: Dan Harmon’s NFT show set for season 3, NFT-friendly Square Enix CEO steps down and more…

Square Enix’s NFT-friendly CEO is stepping down, but it may not impact the firm’s NFT plans, while Disney-backed Baobab Studios' first NFT drop sold out ahead of its upcoming RPG game.

Krapopolis, the NFT-affiliated cartoon series from Rick and Morty co-creator Dan Harmon has been renewed for a third season by Fox, despite season one not even airing yet.

The Krapopolis team announced the renewal via Twitter in March. 2, and emphasized that NFT holders can still engage with the show before it airs.

Speaking to Deadline on March. 2, Michael Thorn, Fox’s president of scripted programming noted that “We’re so bullish about the work that we want to support and its ability to find an audience and succeed,” as he emphasized his faith in Harmon. “While [a third season order] is atypical, it was a no-brainer for us with Krapopolis,” he added.

Krapopolis is an animated comedy set in ancient Greece that follows a “flawed family of humans, gods and monsters that try to run one of the world’s first cities without killing each other.”

The case includes some big names such as Richard Ayode, Matt Berry, Pam Murphy, Duncan Trussell and Hannah Waddingham.

The series is produced by Fox Corp’s NFT firm Blockchain Creative Labs, which also provided the NFT-related elements for the show.

The NFTs themselves are called “Krap Chickens” and depict cartoon chicken avatars in the same style of art as the show. There are 10,420 tokens in total, with some still up for mint at 0.18 Ether (ETH).

Krap Chickens: Krapopolis

Holders are given exclusive access to experiences, content, rewards and voting rights on certain aspects of the show.

Square Enix’s CEO steps down

Square Enix’s NFT-friendly CEO Yosuke Matsuda is stepping down after nearly 10 years at the helm of the firm behind the Fantasy franchise.

In a March notification of company changes, Square Enix outlined that Takashi Kiryu will take over the role of CEO from Matsuda. The move won't officially be finalized until an annual shareholders meeting in May however.

While Web 3 and NFTs weren’t referenced explicitly in the notification, the firm did indicate that it is still looking to push on with new tech integrations, suggesting its blockchain-related plans may remain unhindered.

“Under the rapid change of business environment surrounding the entertainment industry, the proposed change is intended to reshape the management team with the goal of adopting ever-evolving technological innovations and maximizing on the creativity of the Company’s group,” the filing read.

During his time at Square Enix, Matsuda outlined bullish sentiments on Web3 gaming on several occasions.

In a New Year’s letter from Jan. 1 in particular, Matsuda emphasized Square Enix had devoted “aggressive investment and business development efforts” towards the space in 2022, and would continue to do so in 2023.

“Following the excitement and exhilaration that surrounded NFTs and the metaverse in 2021, 2022 was a year of great volatility in the blockchain-related space,” he mentioned in the note, adding that:

“However, if this proves to have been a step in a process that leads to the creation of rules and a more transparent business environment, it will definitely have been for the good of the growth of blockchain entertainment.”

Under Mastuda’s leadership, Square Enix rolled out tokenized Final Fantasy character collectibles in July 2022 and partnered with the Oasys blockchain gaming project in September. In December, the firm also invested $52.7 million into mobile game developer Gumi Games, to help develop mobile-based play-to-earn titles.

Mint Madness

Multi-chain NFT marketplace Magic Eden has launched a “Mint Madness” campaign that offers free access, or “free mints” to 13 Web3 games in March.

Mint Madness went live on March. 3, and the name is a nod to the famous NCAA college basketball tournament dubbed "March Madness" which sees roughly 67 basketball games crammed into the month.

The blockchain games are spread across Polygon, Ethereum and Solana, with nine, three and one apiece respectively. Magic Eden is also offering a 20,000 Polygon (MATIC) prize pool worth roughly $23,200.

The prizes will go to the top 10 traders of the NFTs related to nine of the new games based on Polygon, with the top prize fetching 4,500 MATIC ($5,220).

Related: Galaxy tips Bitcoin NFT market to hit $4.5B by 2025

The full list of available games during the promo includes Planet Mojo, Meta Star Strikers, Alaska Gold Rush, Shrapnel, Petobots, Blast Royale, Rogue Nation, Tearing Spaces, Freckle Trivia, Realm Hunter, Legendary: Heroes Unchained, Shrapnel, and Papu Superstars.

Disney-backed studio’s sell-out drop

Nine-time Emmy Award-winning, Disney-backed Baobab Studios sold out its first collection of 8,888 NFTs in just nine hours after launch on March. 2.

The cartoon avatar-focused drop is called “Momoguro” and is tied to an upcoming role-playing (RPG) game on layer-2 Ethereum scaling solution, Immutable X.

The game itself has breeding elements, along with quests in a world named “Uno Plane,” with NFTs being a key part of the gaming experience.

According to data from CryptoSlam, the NFTs have generated $8.1 million worth of secondary sales to date, with $7.6 million of that coming on the day of launch.

Other Nifty News:

Layer-1 Ethereum Virtual Machine (EVM) blockchain Flare welcomed its first NFT platform, after Sparkles went live on March. 2. The platform is set to hone in on the interoperability of native Flare protocols to increase use cases for NFT utility.

On March. 1, Trading platform Robinhood launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130 countries.

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Square Enix to Use Polygon’s Network in Symbiogenesis, Its Upcoming Web3 Experience

Square Enix to Use Polygon’s Network in Symbiogenesis, Its Upcoming Web3 ExperienceJapanese 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 […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Square Enix to Deepen Its Blockchain Efforts in 2023

Square Enix to Deepen Its Blockchain Efforts in 2023Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain tech, and also pondered several situations which surrounded blockchain in […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot

Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse PivotGumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow the company to acquire financial and content creation experience. Gumi Raises $52.7 Million in Metaverse-Driven Alliance […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support