‘Symbiogenesis’ is some NFT garbage from Square Enix, not a ‘Parasite Eve’ revival<p>
Square Enix has 
revealed that 
Symbiogenesis, an upcoming project that was widely rumored to be 
Parasite Eve-related, is actually something else — and it's centered around 
NFTs (non-fungible tokens). The publisher described 
Symbiogenesis as "its first digital collectible art project designed from the ground up for Web3 fans."</p><p>
Symbiogenesis takes place in a self-contained world containing a large cast of characters that can be collected as NFTs. Square Enix says you'll be able to use these digital artworks as profile pictures on 
social media accounts, something you definitely wouldn't be able to do by simply taking a screenshot.</p><span id="end-legacy-contents"></span><div id="e256b247f64541c7957e692e3c3130f5"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">NFT Collectible Art Project
SYMBIOGENESIS
Untangle the Story
Spring 2023
#SYMBIOGENESIS#symgeNFT#NFT#NFTProjectspic.twitter.com/Kk1JvMdQx4</p>— SYMBIOGENESIS (@symbiogenesisPR) 
November 3, 2022</div><p>In addition, you can use your character "in a story that takes place in an alternate world where the player can ’untangle’ a mystery by completing missions that revolve around questions of the monopolization and distribution of resources," Square Enix 
said in a press release. That's somewhat ironic, given that the entire perceived value of NFTs is derived from artificial scarcity.</p><p>The publisher will start selling NFTs (which will likely be on the Ethereum blockchain) in spring 2023, alongside the debut of "a free browser service" on Google Chrome. The browser-based approach makes some sense. 
Symbiogenesis wouldn't make it onto Steam, 
which banned NFT games last year.</p><p>This is one of the highest-profile stabs at an NFT-driven gaming experience yet. However, the NFT market has 
cratered this year. Gamers have largely rejected NFTs too.</p><p>Last December, it emerged that Ubisoft had 
sold barely any NFTs in 
Ghost Recon Breakpoint, the first title in which it employed blockchain tech. A few weeks later, an Ubisoft executive claimed players would benefit from having a marketplace where they could buy and sell NFTs of in-game items, "but they 
don't get it for now." In April, Ubisoft announced that the game 
wouldn't receive any more content updates, effectively putting the game on ice and diminishing whatever value 
Ghost Recon Breakpoint's NFTs had.</p><p>It seems Square Enix is facing an uphill battle to make 
Symbiogenesis a success. It's not a surprise that the company is moving in this direction after announcing in January that it would 
invest in blockchain games. Square Enix 
sold off some of its more notable Western studios this year and it 
initially planned to plow much of the proceeds into the blockchain and other tech before 
walking back on that plan.</p><p>Meanwhile, Square Enix may have to try to placate fans who were 
convinced that 
Symbiogenesis was actually a 
revival of 1998's Parasite Eve. After the publisher registered 
Symbiogenesis as a trademark last month, some 
pointed out that the term means “the merging of two separate organisms to form a single new organism" — which is one of the foundations of 
Parasite Eve's story
. While that connection is somewhat tenuous, it's hard to blame fans for 
beingupset and 
disappointed that the project is ultimately an NFT grift.</p>
Source: 
‘Symbiogenesis’ is some NFT garbage from Square Enix, not a ‘Parasite Eve’ revival