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Mocaverse, the prominent consumer network powered by Animoca Brands, has announced a strategic Memorandum of Understanding (MoU) with SYMBIOGENESIS, Square Enix’s inaugural NFT collectible art project. This collaboration aims to facilitate the transition of users from Web2 to Web3, opening new avenues for engagement in the digital landscape.
SYMBIOGENESIS, a groundbreaking initiative from Square Enix, the renowned Japanese video game publisher behind iconic franchises like Dragon Quest and Final Fantasy, features 10,000 unique NFTs. This project offers collectible art and browser-based content, with the second chapter launching in June 2024. By partnering with Mocaverse, SYMBIOGENESIS seeks to enhance its reach and engagement, leveraging Mocaverse’s robust infrastructure.
Mocaverse serves as a flagship project for Animoca Brands, designed to provide consumers with streamlined access to Web3 experiences and rewards through a single login. The recent partnership builds on an earlier agreement between SYMBIOGENESIS and Animoca Brands Japan, established to bolster global marketing efforts for the NFT project.
Through this partnership, SYMBIOGENESIS will integrate into the Moca Network using Mocaverse’s on-chain digital identity system, Moca ID, and its Realm Points mechanism. This integration will simplify the onboarding process for new Web3 users, allowing players to easily access curated Web3 games and experiences across the Moca Network. With over 540 portfolio companies under Animoca Brands and a community of 1.8 million Moca ID users, the collaboration promises to expand the reach of SYMBIOGENESIS significantly.
The initiative aims to create a seamless user experience for those curious about cryptocurrencies and the Web3 ecosystem. By utilizing familiar Web2 social logins, users can navigate hundreds of applications without needing to manage seed phrases, repetitive transaction approvals, or gas fees.
Kenneth Shek, project lead of Mocaverse, expressed enthusiasm for the collaboration, stating, “Mocaverse’s partnership with SYMBIOGENESIS represents an exciting opportunity to simplify the path to Web3 for a crypto-curious audience. We are excited to work together in a collective effort to onboard consumers and gamers to the exciting opportunities of Web3.”
Naoyuki Tamate, producer of SYMBIOGENESIS at Square Enix, echoed this sentiment, saying, “We are thrilled to start our collaborative partnership with Mocaverse. Together, we will leverage our respective strengths to onboard users to the next iteration of the Internet.”
As Mocaverse and SYMBIOGENESIS embark on this partnership, they are poised to make significant strides in enhancing user experiences and expanding the possibilities of Web3.