Konami to Keep Selling NFTs to ‘Preserve Content’

2 years ago

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Konami, 1 of the starring Japan-based crippled developers, elaborated connected its aboriginal argumentation regarding NFTs. In its latest fiscal results meeting, Konami touched concisely connected the taxable of NFTs, and explained it would spell connected with its activities involving this exertion arsenic a preservation instrumentality for immoderate of its beloved franchises.

Konami to Use NFTs arsenic ‘Preservation Tool’

Konami, the Japanese developer liable for franchises specified arsenic Castlevania, has shed immoderate airy connected its stance erstwhile it comes to the usage of NTFs. In its latest fiscal results meeting, the institution indicated it volition proceed leveraging NFTs arsenic a signifier of preservation, stating that:

We volition besides beryllium selling Non-Fungible Tokens (NFTs) successful an effort to sphere contented that has been loved by our customers arsenic commemorative art.

This connection resonates with what Konami has done with NFTs successful the past. The institution organized a commemorative NFT auction for the 35th Anniversary of the Castlevania franchise past year, raising much than $160K successful sales. The NFTs included integer creation and videos depicting the gameplay of immoderate of the games successful the series. With this statement, Konami hints astatine the merchandise of akin collections for different franchises nether its domain, including Contra, Metal Gear Solid, and Silent Hill, among others.

Preservation, NFTs, and Reaction

In the tract of videogames, the connection preservation has to bash with the integer retention of assets and codification from games with the thought of these withstanding the transition of time. This has the nonsubjective of conserving games and assets to beryllium enjoyed by caller generations. While the usage of NFTs for this nonsubjective has not received important attraction from gaming media, the usage of NFTs arsenic gaming assets has.

Several cardinal gaming companies person expressed their involvement successful including these caller technologies successful their games starting this year. Ubisoft has been 1 of the much progressive companies successful the field, adjacent launching its ain NFT marketplace called Quartz. But this has resulted successful immoderate antagonistic attraction from gamers. However, the institution volition proceed to propulsion the exertion because, according to immoderate of its executives, gamers inactive “don’t get” the benefits that secondary markets mightiness bring to them.

Other companies, similar Sega, person dabbled successful the NFT tract but are considering dropping these activities if gamers see them to beryllium a currency grab, arsenic declared by the institution successful 1 of its caller absorption meetings.

What bash you deliberation astir Konami’s instrumentality connected NFTs? Tell america successful the comments conception below.

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Sergio Goschenko

Sergio is simply a cryptocurrency writer based successful Venezuela. He describes himself arsenic precocious to the game, entering the cryptosphere erstwhile the terms emergence happened during December 2017. Having a machine engineering background, surviving successful Venezuela, and being impacted by the cryptocurrency roar astatine a societal level, helium offers a antithetic constituent of presumption astir crypto occurrence and however it helps the unbanked and underserved.

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