1. Home
  2. Zynga

Zynga

‘Off the charts’: Zynga blockchain exec praises P2E gaming talent

Blockchain and the play-to-earn gaming movement could become even more addictive in 2022 as popular game developer Zynga fleshes out its team.

Hot off the news that the FarmVille and Words With Friends developer Zynga will release the first nonfungible token game this year, Zynga’s blockchain gaming aspirations are taking shape. 

Matt Wolf, marketing veteran with experience at Electronic Arts and Sega, is the new vice president of blockchain gaming for Zynga. He’s setting up a new team, bringing a wealth of “traditional gaming” experience to play-to-earn (P2E).

In an interview with Cointelegraph, he said the talent pool in P2E gaming is:

“Off the charts in terms of economics and traditional finance firepower — incredible people. Also, on the innovation side and on the technology side, it’s off the charts.”

However, he surmised many gamers’ thoughts when commenting on the gamification elements of nonfungible tokens (NFT) and P2E games. He conceded that the level of talent with regards to gaming is “thin,” which is undoubtedly where Zynga’s credentials come in.

Famous for FarmVille, CSR Racing and Words With Friends, Zynga builds addictive “social” games that work well on mobile and while on the go. They regularly register over 100 million regular users per quarter, featuring on social media platforms and enticing users with multiplayer gaming types.

FarmVille 3, released in 2020. Source: The Drum

The P2E gaming space, by comparison, has been one that prioritizes speculation over gamification.

Ultimately, Zynga’s entry into P2E and NFTs could breathe life into a space dominated by entry-level graphics combined with excellent tokenomics.

Wolf comments that Zynga has a “strong game muscle, and we’re developing our DeFi muscle.” They’re recruiting more specialists who “have that piece of the equation.” In all, Zynga’s focus is “on the intersection of creating fun, value and purpose-built games with stability and trust at the core.”

Related: YGG-backed Oasys blockchain hopes to take P2E gaming mainstream

When put on the spot about whether the anti-blockchain and anti-P2E sentiment could pose a challenge to a “traditional” game developer, Wolf was balanced:

“As you look at the historical nature of the gaming community, you’ve witnessed folks standing on the sidelines and are resistant to change. They had the same sentiment when free-to-play was launched, and you’re seeing much of that now.”

Ultimately, Wolf reckons the “overall anti-blockchain sentiment will fizzle out.”

With NFT games released daily, here are five NFT games that could put up a fight to Zynga’s games in 2022.

JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report

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 […]

JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report

FarmVille developer Zynga set to release first NFT game this year

Mobile gaming giant Zynga has outlined new plans for NFT-based games and Web3 acquisitions coming in 2022

San Francisco-based game developer Zynga, best known for the FarmVille and CSR Racing series, has announced plans to release its first blockchain and NFT-based games this year.

The billion-dollar game studio first made waves in the crypto world last year after appointing 30-year gaming industry veteran Matt Wolf as Vice President of Blockchain Gaming to lead the company’s charge into the burgeoning industry.

Zynga has also announced plans to increase the current blockchain gaming team from 15 employees to anywhere up to 100 by the end of this year. The company may also soon fall under the umbrella of video-game colossus Take-Two Interactive, publisher of Grand Theft Auto which publicly announced a $12.7 billion dollar acquisition move set to close in the first quarter of 2023.

Speaking on the firm’s NFT based gaming plans with Axios, Wolf said that forthcoming blockchain-based games will be brand new titles, as it “doesn’t make sense” to start adding NFTs into existing games such as FarmVille straight away.

He said that players can expect the new games to look something like Mafia Wars, a now-discontinued social media game where players assumed the role of gangsters and worked to build up their crime family.

Mafia Wars

Zynga has been taking more aggressive steps into the sometimes-controversial blockchain-based gaming sector than many other traditional gaming companies. Hesitancy has been the common denominator from gaming studios as cryptocurrency-related features have often provoked a backlash from angry gamers.

Some players who’ve had NFTs added to their gaming experience feel that companies are just looking for new ways to squeeze money out of their customers.

Wolf has made it clear that the company’s game developers will always have the option to opt in or out of any NFT plans, a lesson he seems to have learned from witnessing internal protests against the technology at fellow gaming companies: EA and Ubisoft.

Despite the criticisms, Wolf sees NFTs and blockchain technology as the obvious next step in Zynga’s evolution with tokenized systems creating new and more realistic forms of value, ownership and wealth creation for gamers.

“By creating an integrated experience that enables players to become owners in their gaming journey, our goal is to expand Zynga’s audience reach and drive stronger engagement and retention,” he added.

Speaking to the New York Times, Wolf said that he’s acutely aware of the difficulties that NFT-based games stand to come up against: “It really is all about community… we believe in giving people the opportunity to Play-to-Earn.”

Related: NFTs and play-to-earn are the future of gaming industry, says EA boss

JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report

FarmVille NFTs on the horizon? Zynga hires new VP for blockchain gaming

Zynga will work on integrating NFTs and blockchain into its existing portfolio in addition to developing new NFT-based games.

Nonfungible tokens (NFTs) scored another win with gaming giant Zynga’s announcement of the upcoming integration of NFTs and blockchain into the publisher’s portfolio.

San Francisco-based game developer Zynga, best known for its FarmVille and CSR Racing series, appointed marketing veteran Matt Wolf as its vice president to oversee the company’s blockchain gaming efforts.

With the addition of Wolf, Zynga will work on integrating NFTs and blockchain into its existing portfolio and developing new NFT-based games. Zynga chief product officer Scott Koenigsberg noted that the company became an early adopter of emerging platforms and technologies with new releases on Snap Games, Google Nest and Amazon Alexa.

Remarking on the prominence of blockchain technology in the digital economy, Koenigsberg said that Wolf would help them reach a new addressable market through NFTs and explore new ownership possibilities for gamers.

Calling NFTs and blockchain technology as a natural next step in Zynga’s evolution, Matt Wolf praised Web3 token-based systems for enabling innovation and delivery of new forms of player value in gaming. “By creating an integrated experience that enables players to become owners in their gaming journey, our goal is to expand Zynga’s audience reach and drive stronger engagement and retention,” he added.

Related: NFTs and play-to-earn are the future of gaming industry, says EA boss

The gaming industry has welcomed NFTs with open arms as they open new business models and revenue streams for developers, publishers and even content creators. Electronic Arts boss Andrew Wilson claimed that collectible digital content would play a meaningful role in the company’s future.

Assassin’s Creed publisher Ubisoft is also exploring the potential of blockchain games following its participation in a funding round for NFT-based developer Animoca Brands.

JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report