- Major game companies collaborate on Web3 blockchain revival.
- Sony and Square Enix partnership revitalizes SYMBIOGENESIS.
- Indicates continued interest in blockchain gaming innovation.
Sony’s Soneium platform and Square Enix have initiated a collaboration on May 8, 2025, to revitalize the SYMBIOGENESIS blockchain narrative game, previously slated for closure.
The collaboration reflects ongoing efforts to reengage audiences with blockchain gaming, enhancing SYMBIOGENESIS’s viability and potential market reach.
The decision by Square Enix and Sony to collaborate reflects a strategic move to rejuvenate workforce engagement with blockchain technology. Soneium’s platform offers a comprehensive foundation for cross-game collaboration and broadens the ecosystem for players.
Square Enix, having initially planned to end SYMBIOGENESIS in July 2025, is now exploring new engagement strategies through this joint venture with Sony. Soneium, launched in January 2025, continues to gain traction as part of Sony’s broad blockchain initiative.
The announcement has potential implications for the gaming industry, indicating a commitment to blockchain gaming despite historical challenges. Market reactions remain cautious, as the impact on Web3 engagement strategies unfolds.
“While the Internet has long been an essential and highly convenient part of people’s everyday lives, it has also led to the centralization of information and the economic landscape. At the same time, Web3 —which was explicitly built to tackle this concentration of power— is still too complex for users unfamiliar with blockchain and it still lacks major ‘killer apps.'” — Kenichiro Yoshida, CEO, Sony Group Corporation
Given that financial details of the collaboration remain undisclosed, observers anticipate shifts in industry investment patterns. Sony’s Soneium platform has positioned itself as a leader for blockchain applications, enhancing creative ownership and interoperability among developers.
Game developers are adapting to technological advances, aligning with platforms supporting cross-game interaction and NFT applications. By learning from past Web3 efforts, companies can better navigate challenges, driving future industry transformation.
About the author
Coinbase Misses Q1 Revenue Target, Trading Volume Falls
Coinbase Global Inc. reported a shortfall in its Q1 2025 revenue, missing expectations by $0.17 billion. Consumer and institutional trading volumes declined significantly, impacting the company's financial performance.
Alex Mashinsky Sentenced to 12 Years for Crypto Fraud
Former Celsius CEO Alex Mashinsky sentenced to 12 years for fraud in NYC.
Ethereum Surges Past $2,200 Amid Market Shift
Ethereum's price climbs 7.42% past $2,200, driven by protocol upgrades and whale activity.
Ethereum Surpasses $2,100 Amid Market Rally
Ethereum's price rise above $2,100 signifies market recovery and increased DeFi interest amid fluctuating conditions and institutional outflows.
Bitcoin Surges as Institutional Interest Grows Amid Global Trade Developments
Trump announces new trade deal with UK, affecting tariffs on autos and key goods.
SEC Considers Easing Rules for Tokenized Securities Issuance
SEC Commissioner Hester Peirce announces exploration of regulatory changes to ease tokenized securities issuance using blockchain technology in Washington D.C.
Related
Coinbase Misses Q1 Revenue Target, Trading Volume Falls
Coinbase Global Inc. reported a shortfall in its Q1 2025 revenue, missing expectations by $0.17 billion. Consumer and institutional trading volumes declined significantly, impacting the company's financial performance.
Alex Mashinsky Sentenced to 12 Years for Crypto Fraud
Former Celsius CEO Alex Mashinsky sentenced to 12 years for fraud in NYC.
Ethereum Surges Past $2,200 Amid Market Shift
Ethereum's price climbs 7.42% past $2,200, driven by protocol upgrades and whale activity.
Ethereum Surpasses $2,100 Amid Market Rally
Ethereum's price rise above $2,100 signifies market recovery and increased DeFi interest amid fluctuating conditions and institutional outflows.
Bitcoin Surges as Institutional Interest Grows Amid Global Trade Developments
Trump announces new trade deal with UK, affecting tariffs on autos and key goods.
SEC Considers Easing Rules for Tokenized Securities Issuance
SEC Commissioner Hester Peirce announces exploration of regulatory changes to ease tokenized securities issuance using blockchain technology in Washington D.C.
Be the first to leave a comment