Konami, a Japanese game developer and software publisher, raised more than $ 160,000 in its first entry into the NFT (non-fungible token) scene. This was the result of an NFT auction in connection with the 35th anniversary of Castlevania, one of its most popular franchises. The end result contrasts with what other companies have experienced so far, and faces a negative slash regarding these activities.
Konami goes to Opensea with Castlevania NFTs
Konami, one of the most recognized Japanese game development companies, raised more than $ 160K in sales during its first NFT-related business. The company organized an NFT auction to celebrate the 35th anniversary of one of its most beloved franchises, Castlevania, which has sold more than 20 million copies worldwide. 14 NFTs were sold during the auction, with the highest amount paid for an NFT showing the map of the first Dracula's Castle, which sold for more than $ 26K.
The second highest bid was made from a three-minute video showing some highlights from the various games in the series, which sold for around $ 17K. The page with the collection in Opensea now shows that the cheapest piece is now listed at 30 ETH, a little over $ 100K at the time of writing.
The first entry that Konami makes in the NFT world had a very different result than what other gaming companies have experienced so far, even with the poor reception that the NFT auction received from gaming-related sites. While blockchain-related companies have had great success using metaverse and web3 elements in games to earn initiatives (like Axie Infinity), traditional companies are still experimenting with using these elements for their franchise.
Another leading Japanese game development company, Square Enix, has argued for the introduction of token economies in games. Yosuke Matsuda, CEO of the company, stated that the transition to "contribute to earning" will inspire people to connect with games and with other players and create self-sustaining economies. Square Enix has been considering entering the decentralized gaming business since last year.
Ubisoft, another game development company, has already launched its original NFT marketplace, called Quartz, which uses Tezos technology to issue and distribute NFTs to its players. Until now, the reception has been negative, with players and employees of the company criticizing the initiative. GSC Game World, the creators of the Stalker franchise, also had to drop its NFT plans due to the backlash it created on social media.
What do you think of Konami and its Castlevania NFT auction? Tell us in the comments section below.
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