Square Enix announced the conclusion of the Symbiogenesis project by July 2025. Originally anticipated as a significant market player, the project fell short of expectations.
Unexpected Closure of Symbiogenesis
Symbiogenesis was launched at the peak of NFT market fatigue in 2023. The game offered users the purchase of NFT-based characters and a journey across a multi-chapter fantasy story. However, the project did not offer financial incentives, leading to a lack of interest.
Player Criticism and Feedback
Players noted the below-par development of the game compared to Square Enix's mobile projects. Symbiogenesis was seen more as an experiment than a full-fledged project. For instance, only three players were given the chance to play the final mission, limiting the participation of most players.
Issues in Web3 Projects
Despite Square Enix's intention for a finite experience, changes in the project, like adding more NFTs, caused discontent. While many game developers are moving away from such initiatives, Square Enix remains a significant player in the Web3 space, partnering with studios like Elixir and HyperPlay.
The conclusion of Symbiogenesis came as a shock to many, but Square Enix continues to actively explore the Web3 space while staying true to its gaming priorities.
