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Konami Launches Metaverse Push With Web3 Focused Hiring Spree

Konami Launches Metaverse Push With Web3 Focused Hiring SpreeKonami, one of the most influential Japanese game development and publishing companies, has announced it will be introducing Web3 and metaverse technologies into its games. The company opened 13 different job openings for three departments that will be responsible for developing the new projects to spearhead Konami’s latest business strategy. Konami to Enter Metaverse and […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Japanese gaming giant’s hiring spree ahead of NFT marketplace

Japanese entertainment and video game company Konami has posted new job openings to expand its NFTs, Web3 and Metaverse offerings.

Japanese gaming giant Konami is seeking to expand its crypto-versed talent pool while it ey the development of Web3 and Metaverse “experiences” and a nonfungible token (NFT) marketplace.

The gaming giant is the latest in a lengthening list of big names signaling interest in expanding its Web3 offerings by seeking to acquire new talent.

On Oct. 13, the company announced that it was recruiting a “wide range of talent” for "system construction and service development" relating to future Metaverse and Web3 platforms.

Konami stated that it has been conducting research and development to incorporate the “latest technology” into its games and content, adding it also has plans to launch an NFT trading platform where players can trade their in-game digital items. 

The company is well known among traditional gamer circles as the publisher behind the Metal Gear Solid franchise, Castlevania, Dance Dance Revolution and Frogger. 

Konami is looking to fill several positions including system engineers, programmers, project managers, designers, and directors for its venture into Web3.

The successful applicants will work on a “unique digital item distribution platform” that conforms to Japanese guidelines for blockchain games.

This is not Konami’s first foray into nonfungibles, in January the firm launched a collection of NFTs to celebrate the anniversary of its Castlevania franchise.

Related: Disney seeks corporate lawyer for ‘emerging technologies’ and NFTs

However, major moves into NFTs by some traditional gaming companies have been met with backlash, the most notable example being Ubisoft’s Quartz platform which came under fire earlier this year.

Last month, Ubisoft CEO Yves Guillemot walked back the company's enthusiasm for NFTs, saying it was merely in "research mode" all along.

Some gamers saw gaming companies' moves into the NFT space as a money grab. There were also environmental concerns over the proof-of-work mining process used to mint them, though much of these worries can be dismissed since Ethereum, the industry standard network for NFTs, has transitioned to proof-of-stake.

NFT sales have slumped in 2022 in line with the wider crypto bear market. In recent months, NFT sales on the world’s largest marketplace OpenSea have plummeted as much as 99% from their record highs of more than $400 million earlier this year.

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Developer Behind the World’s Best-Selling Video Game Has No Intentions of Using Blockchain and NFTs in Minecraft

Developer Behind the World’s Best-Selling Video Game Has No Intentions of Using Blockchain and NFTs in MinecraftOn July 20, 2022, Mojang Studios the Swedish video game developer behind the world’s best-selling game of all time said blockchain or non-fungible token (NFT) technologies are “not permitted to be integrated inside [Mojang’s] client and server applications.” Mojang stressed that NFTs or any use of blockchain tech cannot be integrated into any “in-game content […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Former Nintendo President Believes Gaming Experiences Could Benefit From Blockchain And ‘Play to Earn’ Models

Former Nintendo President Believes Gaming Experiences Could Benefit From Blockchain And ‘Play to Earn’ ModelsReggie Fils-Aimé, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when applied to the gaming industry. The executive declared that he was a big believer in blockchain technology, and that players investing their time in games should be able to monetize whatever items they had […]

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Farmville Creator Zynga to Launch NFT Games, Says Gaming Firm’s Blockchain Lead

Farmville Creator Zynga to Launch NFT Games, Says Gaming Firm’s Blockchain LeadAmerican social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, ​​Matt Wolf, told the press that the company is looking at the cycle right now and “figuring out where we want to jump in.” Farmville and Words With Friends Game Developer Zynga Details […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Konami to Keep Selling NFTs to ‘Preserve Content’

Konami to Keep Selling NFTs to ‘Preserve Content’Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results meeting, Konami touched briefly on the subject of NFTs, and explained it would go on with its activities involving this technology as a preservation tool for some of its beloved franchises. Konami to Use NFTs […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand Benefits

Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand BenefitsNicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated that this reaction could be due to a lack of awareness of the benefits […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

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

Konami’s Castlevania Anniversary NFT Sale Raises Over 0KKonami, a Japanese game developer and software publisher, raised more than $160K 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 its most popular franchises. The end result contrasts with what other companies have experienced so far, […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application

Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark ApplicationAccording to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles. Crocs Trademark Filing Describes ‘Downloadable Virtual […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Japanese Video Game Giant Konami Reveals Castlevania 35th Anniversary NFTs

Japanese Video Game Giant Konami Reveals Castlevania 35th Anniversary NFTsThe Japanese entertainment conglomerate and video game company, Konami Holdings Corporation, has revealed a non-fungible token collection in order to celebrate the 35th anniversary of the firm’s franchise “Castlevania.” Konami follows the slew of gaming giants like Ubisoft and Square Enix that have shown a strong interest in developing NFT technology. Konami Unveils NFT Collection […]

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern