Square Enix Launches First NFT Auction for Symbiogenesis Game
Square Enix, the brains behind popular games like Final Fantasy and Kingdom Hearts, has begun its first NFT auction for its upcoming game, Symbiogenesis. The company also announced that it will be giving out free NFTs as gifts to bidders who take part in the auction process. Additionally, the publisher revealed the launch date for the game.
Launch Date and Details
The browser-based Ethereum and Polygon NFT game, Symbiogenesis, is set to launch on December 21. This comes after the previous announcement by Square Enix, stating that the game would tentatively debut in December without specifying a date.
NFT Auction Process
The first mint and auction process for Symbiogenesis kicked off on Monday, with a three-stage rollout that will ultimately see 500 in-game Ethereum NFT characters up for grabs. The auction process is set to take place in waves, with different criteria for participation.
During the first window from November 27-28, ten character NFTs will be offered to Symbiogenesis stakeholders and contributors. Following this, from November 30 to December 1, another 90 NFTs will be released through a priority mint for top players who completed challenges in the game’s official Discord server. The largest chunk of 400 character NFTs for Chapter 1 will be offered from December 2-3 to users who were added to an allowlist during the Discord campaign. In all three waves, the NFTs will initially be listed as free to claim, with the possibility of initiating an auction if multiple eligible users attempt to claim the NFT.
Encouraging Bidding and Rewards
To encourage bidding and reward users who participate in the auction process, Square Enix announced that it will give out bonus NFTs during the sale. Anyone who places a bid will receive a free “special countdown illustration” NFT, with four versions available. Additionally, those who place a bid of at least 0.05 ETH (about $100 at present) will receive a “Member Card Red (Colored)” NFT that gives players “additional points” when they log into Symbiogenesis.
Square Enix’s Entry into the NFT Space
Symbiogenesis marks Square Enix’s first original NFT game, signaling its entry into the world of NFTs. The company has been involved in the crypto space for a few years now through investments, NFT projects, and collaborations with existing NFT games like The Sandbox.
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