Konami’s Castlevania Anniversary NFT Sale Raises Over $160K – Bitcoin News

Konami is a Japanese software publisher and game developer. It raised $160K during its initial foray in the NFT (non-fungible token) market. The NFT auction was related to Castlevania’s 35th Anniversary, which is one of the most beloved franchises. Contrary to what other companies experienced, the end result is not in line with those of others.

Konami opens the Castlevania NFTs with Konami

Konami, one the best-known Japanese gaming companies, has raised over $160K during its initial NFT business. An NFT auction was organized by the company to commemorate Castlevania, one of its most loved franchises. The NFT auction took place on March 35th. 14 NFTs were sold during the auction, with the highest amount being paid for an NFT depicting the map of the first Dracula’s Castle, which sold for more than $26K.

A three-minute video showing highlights from the various games in the series was the second highest bid. It sold for $17K. Opensea shows the page for the collection now that the least expensive piece is listed at $30 ETH. This makes it less than $100K.

Unseen Results

Konami’s first venture into the NFT market was a far cry from other gaming companies, despite the negative reception the NFT auction received from gaming-related websites. Blockchain-related businesses have had a lot success using metaverse elements and web3 elements to play to earn programs (like AxieInfinity), but traditional companies continue to experiment with these elements when it comes time for them use the elements for franchises.

Square Enix, another Japanese gaming company has supported the inclusion of token currencies in their games. Yosuke Matsuda, CEO of the company, stated that the transition to “contribute to earn” will inspire people to connect with games and with other players, creating self-sustaining economies. Square Enix has been considering entering the decentralized gaming market since last year.

Ubisoft, another gaming development company, has already launched its native NFT marketplace, called Quartz, that uses Tezos technology to issue and distribute NFT’s to its players. Players and employees have been critical of the new initiative. GSC Game World was the creators of Stalker and had to end its NFT plans because of social media backlash.

How do you feel about Konami? Please leave your comments below.

Sergio Goschenko

Sergio, a Venezuela-based cryptocurrency journalist. Sergio is a cryptocurrency journalist based in Venezuela. He says he was late to the party, having entered the cryptosphere during the December 2017 price increase. His background is in computer engineering, but he also lives in Venezuela and was impacted by the crypto boom at a socio-economic level. He offers an alternative perspective on cryptocurrency success and the benefits it has for the underbanked.

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