Regardless of the doubts of naysayers, NFTs have continued to thrive within the gaming sector and present no indicators of stopping. Living proof, Japanese gaming big Square Enix has introduced a brand new deal and a $52.7 million funding in Gumi, a game growth firm.
By means of the partnership the 2 firms will work collectively to create blockchain, Metaverse, and NFT-centered video games.
The Rise of NFT Video games
It’s price noting that Gumi has beforehand labored with Sq. Enix on its Remaining Fantasy Courageous Exvius sequence and will likely be tapping into extra of its IP to develop these new choices. Moreover the brand new video games themselves which could incorporate NFTs, the 2 are additionally trying in direction of a market devoted to in-game NFTs.
“We’re already contemplating the institution of a platform devoted to blockchain video games and an NFT market, and so on. By means of collaboration between the 2 firms, we’ll present a one-stop service from the event and distribution of blockchain video games to the sale and distribution of tokens and NFTs,” a press launch says.
Lastly, Sq. Enix and Gumi are engaged on a gaming idea known as ‘wow and earn’ which leverages present standard IP and infuses them with the play-to-earn (P2E) mannequin.
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