Square Enix, the renowned game developer behind the iconic Final Fantasy series, has unveiled plans for an upcoming auction of its Symbiogenesis non-fungible token (NFT). The auction will be conducted in three stages, with each phase having specific eligibility criteria and dates. The first phase of the auction is scheduled for November 27-28, the second for November 30 to December 4, and the third for December 2-3. Symbiogenesis, Square Enix's new blockchain-based game, will feature Ethereum-based NFTs as an integral part of its gaming ecosystem.
In the initial phase of the auction, the focus will be on offering facet and mesh characters, exclusively open to "stakeholders," presumably referring to early investors or involved parties. The subsequent phases will be accessible to participants permitted to engage in the event, as per the official game documentation.
Leading up to the auction, the Symbiogenesis team conducted a licensing shortlisting campaign from November 7 to 21. Collectors were engaged in quizzes and a prototype version of the game's world, participating in a "treasure hunt" to earn NFT “relics” and points. The top 50 participants with the highest scores and 40 randomly selected individuals ranked from 51st to 300th are set to receive NFTs in the second phase. Other participants will have the opportunity to bid on items in the third phase of the auction.
Square Enix describes Symbiogenesis as an NFT-powered entertainment game that unfolds narratives through the unlocking of NFTs. The game is set for launch on December 21st, offering an immersive experience driven by these digital assets.
While Square Enix entered the NFT space earlier this year with the launch of Final Fantasy NFT trading cards on March 31, the company later revealed a partnership with Web3 infrastructure provider Elixir in April. However, specific details regarding the collaboration remained limited at the time of announcement.
