De crypto gaming world continues to expand with prominent new games, token drops galore, and an ever-changing market surrounding all of these developments. Luckily, I have a good view of all of these things. If you want to stay up to date on the latest happenings in crypto video games, this weekly roundup offers a quick look at the biggest stories we covered last week, along with some other interesting tidbits from the industry.
Square Enix is expanding its blockchain game, Symbiogenesis, from Polygon to Soneium, Sony’s Ethereum layer-2 network. The move will connect Symbiogenesis to two other Soneium games: Sleepagotchi and Evermoon. Players who complete quests in Symbiogenesis before May 31 will be able to earn NFT collectibles that grant benefits across all three games. Soneium is being developed by Sony Block Solutions Labs, a partnership between Sony Group Corporation and Startale Group. While this isn’t a direct partnership between Square Enix and Sony, the companies share a long history dating back to the PlayStation debut of Final Fantasy VII in 1997. Symbiogenesis is still scheduled to conclude its final season of content in July.
Adidas is partnering with Sui-based game Xociety to launch 2.600 limited-edition NFT mystery boxes, priced at $129 each. Available from May 16 to May 23 on Tradeport, the boxes will feature Adidas-branded virtual clothing and accessories for player avatars in the “pop shooter” game. The NFTs come in varying rarity levels, with the “First Tier” boxes featuring all eight Adidas skin sets, while the “Uncommon” boxes feature three. Each will include shirts, pants and sneakers for digital avatars, plus XCS tokens representing shares in Xociety. Xociety will hold its next playtest on May 15 via the Epic Games Store. It marks Adidas’ continued presence in blockchain following its partnership with Bored Ape Yacht Club in 2021.
Coinbase has become the exclusive crypto exchange and blockchain partner for Riot Games’ League of Legends and Valorant global esports events in a new multi-year deal. Kicking off with Valorant Masters in June in Toronto, the partnership will include broadcast integrations such as the “Econ Report” for Valorant and “Gold Grind” for League of Legends, which analyze in-game currency strategies. The partnership also includes viewer rewards, promotional travel to competitions, and plans to enhance fan experiences through web3 technology. While financial details were not disclosed, the deal fills the void left when Riot’s previous crypto sponsor FTX folded in 2022 after signing a contract reportedly worth $100 million over seven years.
What is unique about Nike's involvement in the blockchain gaming space?
Nike has made efforts to innovate within digital fashion for avatars in gaming platforms, which sets them apart in the market.
What makes Soneium attractive to major game developers like Square Enix?
Soneium offers robust integration capabilities and a stable foundation within the Ethereum network, making it attractive to developers looking for widely distributed and technically capable platforms.
How could this ongoing trend of crypto integrations impact the gaming landscape?
The integration of crypto could lead to new forms of monetization, player engagement, and cross-game economies that could profoundly change the way games are designed and experienced.