Kongregate, a leading gaming publisher, announced today that they are partnering with Counterparty to launch a new gaming platform known as NFT, or Non-Fungible Tokens. NFTs allow players to collect, trade and sell unique virtual assets connected to the real world. Kongregate will link its existing games to the Counterparty platform to provide a stable and secure environment for the trading of NFTs.
At last year’s Kongregate Comic Con event, CEO Mark Ein talked about the company’s plans to support native blockchain-based games. The new platform, called Kongregate Arcade, will bring blockchain technology into the games people play every day. The company will use NFTs to bring these games to the platform.
Kongregate is the world’s leading social network and community for games. In their recent update to the game engine, they introduced a new set of building blocks, called NFTs (NonFungible Tokens), which are used to assign unique ownership of virtual goods within the game, such as skins or other unique items.
• The NFT games will be released in late December. The reaction to Kongregate throughout its 15-year existence has been incredible.
The Kongregate gaming website, which has been around for almost a decade, has launched its Kongregate.io interface for NFTs games. After the Kongregate platform celebrated its 15th anniversary, a new video game website launched. This interface has the potential to join the rapidly growing non-fungible token market.
According to Kongregate CEO Markus Lipp, the platform is evolving to keep up with emerging trends. The gaming interface is completely redesigned to function as an open non-fungible token marketplace.
Goal of Kongregate’s NFT games
The aim of NFTs Games is to provide users with a selection of.io games. The collection will be the focus of the early release slogan. Kongregate.io’s CEO says that the business is ready to move forward in their Beta plan. According to Lipp, the firm conducted extensive study on non-fungible tokens and if gamers are interested.
Lipp decided that the non-fungible token market is booming, therefore it’s a good time to get involved. Kongregate is primarily concerned with learning about tkens and monetizing them in order to pique the user’s attention. Blockchain technology is used by non-fungible tokens to identify each of their goods. Each Non-fungible will be verified via Blockchain, ensuring that the auctions of these tokens are genuine.
According to Kongregate, NFTs games aren’t just a passing trend; they’re here to stay. Sports cards, the music business, and creative applications have all utilized non-fungible tokens.
The NBA Top Shot collection, for example, consists of basketball sports cards. In less than seven months after they were auctioned, these cards have exceeded their worth of $700 million in sales. A digital collage created by the NFT was auctioned for more than $69.3 million. Non-fungibles sell for more than $60 million each week on average in their many forms.
Kongregate’s relationship with the NFT
Kongregate.io users have approximately $1.5 million in their wallets, according to the video game firm. When Kongregate joins up with Blockchain Forte, the number is anticipated to rise.
The site has begun pre-selling token games in celebration of the most intriguing titles. These non-fungible tokens provide Kongregate fans with a valuable keepsake commemorating the company’s 10th anniversary. Similarly, purchasers of NFTs will get access to new ecosystems that extend beyond solitary games.
For the time being, players will have access to the NFTs for the Bit Heroes game, which was a major milestone in Surviv.io. CCG Spellstone will be included in non-fungible tokens going into the Future Founders presale. Finally, Lipp, the CEO of Kongregate, says that additional games from the MTG library will be added to NFT.
Kongregate—a company that produces online gaming content, including Let’s Play videos and other forms of video game content—will launch its very own NFT gaming platform with the help of a crowdfunding campaign that is currently underway. The platform, called NFTcraft, will be used to launch games that will use the NFT (Nebulas for Game) blockchain.. Read more about best nft games and let us know what you think.
This article broadly covered the following related topics:
- mythical games
- mythical games stock
- mythical games nft
- nft gaming coins
- nft game assets