A popular altcoin project that is on the radar of Turkish cryptocurrency investors has partnered with the company behind Final Fantasy and Kingdom Hearts games. Here is the hot development of the day from the field of GameFi and NFT…
Gaming company Square Enix chose this altcoin project for its NFT collection
Square Enix, the Tokyo-based video game giant behind popular series like Final Fantasy and Kingdom Hearts, is partnering with the Polygon (MATIC) network to launch a gamified art collecting experience. The game company continues to move towards Web3 games through a new NFT project called Symbiogenesis.
The project, called Symbiogenesis, was first announced in November. Sales of the Symbiogensis NFT collection and free browser service are scheduled to begin in spring 2023.
Polygon (MATIC) rising
The 10th largest cryptocurrency by market cap was up around 5% amid the Square Enix news. The price increase is likely linked to the market-wide momentum. Meanwhile, most altcoins, including Bitcoin and Ethereum, are trading in the green at the same level.
What awaits players and NFT lovers?
According to a press release, the project will “offer a unique experience built around digital collectible art connected to a story where players will emerge in a virtual (turn-based) adventure. Art will evolve with every strategic move a player makes.” The company says that only three players who meet certain criteria will be selected to participate in the final “World Mission”. According to the press release, “This special trio will determine the end of the story, the fate of the world and everyone in it.”
The mission of the altcoin project Polygon
The project will allow users to collect ancillary items off-chain that they can choose to trade on the Blockchain via Polygon. The gaming company said it has “multiple Blockchain games based on emerging NFT technology” as part of its 2023 strategy. This message means that we may see a number of global games to mingle with players on Polygon throughout the year.
cryptocoin.comAs you follow, Polygon has partnered with a number of top companies this year during its network development activities. We have included the Siemens partnership, which was announced yesterday, in this article.
Crypto winter didn’t scare startups into investing in Web3
In an analysis analyzing investments into the Web3 space, PitchBook analyst Robert Le said venture capital investors still prefer Web3. Senior research analyst Le says venture capital finance is moving away from centralized crypto services like lenders and exchanges, while companies interested in expanding Web 3 are seeing a surge in investment.
“Web3 is an area where investors have invested a lot more money in the last six months,” Le said, including in the metaverse, gaming, and other blockchain-based technologies. In the third quarter of 2022, venture capitalists invested an estimated $1.5 billion in Web3-based companies.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.