Konami, a Japanese game developer and software publisher, raised more than $160,000 in its first foray into the non-fungible token (NFT) scene. This was the result of an NFT auction related to the 35th anniversary of Castlevania, one of the most popular franchises. The end result is in contrast to what other companies have experienced so far, as they face negative backlash regarding these activities. Konami Goes Opensea with Castlevania NFTs Konami, one of the most well-known Japanese gaming development companies, generated more than $160,000 in sales during its first NFT-related deal. The company organized an NFT auction to...
Konami’s Castlevania Anniversary NFT Sale Raises Over $160,000 –
Konami, a Japanese game developer and software publisher, raised more than $160,000 in its first foray into the non-fungible token (NFT) scene. This was the result of an NFT auction related to the 35th anniversary of Castlevania, one of the most popular franchises. The end result is in contrast to what other companies have experienced so far, as they face negative backlash regarding these activities.
Konami goes Opensea with Castlevania NFTs
Konami, one of the most well-known Japanese gaming development companies, generated more than $160,000 in revenue during its first NFT-related deal. The company organized an NFT auction to celebrate the 35th anniversary of one of their most popular 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 depicting the map of Dracula's first castle, selling for more than $26,000.
The second highest bid was on a three-minute video that showed some highlights of the various games in the series, which sold for around $17,000. The Page The collection in Opensea now shows that the cheapest piece is now listed for 30 ETH, just over $100,000 at the time of writing.
A different result
The first foray that Konami made into the NFT world had a very different outcome than what other gaming companies have experienced so far, despite the poor response that the gaming-related NFT auction received Websites. While blockchain-related companies are having a lot of success using Metaverse and Web3 elements to earn initiatives (like Axie Infinity), traditional companies are still experimenting with using these elements for their franchises.
Another leading Japanese game development company, Square Enix, has come out in favor of introducing token economies in games. Yosuke Matsuda, CEO of the company, specified that the shift to “contribute to earn” will inspire people to connect with games and other gamers and create self-sustaining economies. Square Enix is ponder to enter the decentralized gaming business since last year.
Ubisoft, another gaming development company, has already done this started its native NFT marketplace called Quartz, which uses Tezos technology to issue and distribute NFTs to its players. So far the reception has been negative player and Workforce of the company criticizes the initiative. GSC Game World, creator of the Stalker franchise, also had to drop its NFT plans due to the backlash it caused on social media.
What do you think of Konami and its Castlevania NFT auction? Tell us in the comments section below.
Sergio Goschenko
Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price surge occurred in December 2017. He has a background as a computer engineer, lives in Venezuela and is affected by the cryptocurrency boom on a social level. He offers a different perspective on crypto success and how it helps the unbanked and underserved.