According to a report by Bitcoin.com, the Japanese video game and entertainment company Konami intends to join the metaverse after recently posting job listings for Web3-related positions.
The metaverse has already attracted many businesses, from design studios to banks. More and more businesses and firms are recognizing the potential of the metaverse to bring their products or services to a new type of platform and engage with audiences in ways they have never done before.
Konami Joins the Metaverse
Konami has officially confirmed that it will incorporate Web3 and metaverse technologies into its future gaming titles. In a news release on October 13, the company announced 13 different job openings for three departments that will be in charge of developing future programs to kickstart Konami's latest business strategy.
Konami Digital Entertainment announced that it will be hiring a diverse range of talent for "system construction" and "service development" in order to develop new perspectives into WEB3 and Metaverse. Konami is one of the first Japanese AAA game developers to express interest in the blockchain-based platform.
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Furthermore, the company stated that it is conducting research and development to incorporate cutting-edge technology into games and content and intends to introduce a service where players can trade their in-game NFTs through a particular distribution platform based on blockchain.
More on Companies Joining the Metaverse
Konami has previously incorporated blockchain-based components into its operations. To celebrate the 35th anniversary of "Castlevania," one of its most important franchises, the company has already released an NFT collection. Konami's "Castlemania" NFT auction sold all of its 14-pixel art for over $150,000 in total, with the highest price at a staggering $26,000.
More gaming firms are starting to experiment with the idea of including NFT in their games. Bandai Namco announced in February that it would be devoting $130 million to creating its own multi-IP metaverse, which it is already working to establish. In anticipation of "virtual spaces that will enable customers to enjoy a wide range of entertainment," the publisher says they chose to develop their own metaverse.
Meanwhile, this announcement from Konami could imply that the "Yu-Gi-Oh" game publisher is working on an NFT-based game based on the famous trading card franchise. This is pure speculation on our part, but the idea is undeniably exciting for both "Yu-Gi-Oh" fans, duelists, and NFT traders.
Tech Times covered a new NFT trading card game that explores intriguing metaverse and NFT mechanisms back in August. "Yumon," a blockchain technology company, has recently launched a game called Yumon or Creator Fantasy League, which is designed to transform YouTubers and Twitch streamers into fantasy hero characters in their series of NFT trading cards.
"Yumon" players have the opportunity to earn money while collecting and playing with their digital collectibles. Blockchain technology is the foundation for decentralized collectible card games with play-to-earn mechanisms, such as "Yumon." This indicates that players are compensated for their gaming time based on the current value of their in-game assets.
