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The Reason Behind Gamers' Increasing Investment in Square Enix's Unique NFT Avatars

The Reason Behind Gamers’ Increasing Investment in Square Enix’s Unique NFT Avatars

The Mint Price and Game Launch

The mint price for all phases of the game started at 0 ETH, and bidding could be made in 0.01 ETH increments. Winners of the NFTs will use them to log into the game, which is scheduled for launch on December 21.

Sold Out

Square Enix launched a limited number of NFTs for Chapter 1 of the game. Only 500 characters were minted, with ten allocated for the first phase, 90 for the second, and 400 for the third. On November 4, the team announced that all 500 characters from Chapter 1 were sold out.

High Prices

Some characters in the game sold for over 1 ETH (currently $2,203). For example, Calyx went for 1 ETH, Newt for 1.3 ETH, and Wart for 1.6 ETH. Murasaki was purchased for 2 ETH and Mistletoe for 2.06 ETH.

The combination of characters, story, and worldbuilding adds to the appeal of these NFTs.

Unique Names

The quirky names given to the characters may also contribute to their value. For instance, Fungus was sold for just above 1 ETH, and Warehouse was sold for 1.4 ETH. Other characters have names like Lumber, Timber, Chamomile, Arm, Navigation, Kind, Lovesickness, Handshake, Cactus, Protein, Tattoo… It remains to be seen how these names reflect the appearance or characteristics of the characters.

In comparison to popular games like Final Fantasy with well-known character names such as Cloud Strife and Sepiroth, Symbiogenesis has names like Instruction and Beverage.

Hot Take: Symbiogenesis NFTs Attract Buyers with Unique Features

Symbiogenesis NFTs have gained attention and attracted buyers due to factors such as the limited supply, high prices achieved for certain characters, and the unique naming choices. The combination of these factors, along with notable character designs and the anticipation of an immersive game experience, has led gamers to invest in these NFTs. As the launch date approaches, it will be interesting to see how the value of these NFTs continues to evolve in the market.

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The Reason Behind Gamers' Increasing Investment in Square Enix's Unique NFT Avatars