Japanese Gaming Behemoth’s Hiring Spree Ahead Of NFT Marketplace

Japanese Gaming Behemoth’s Hiring Spree Ahead Of NFT Marketplace

Konami, a Japanese entertainment and video game firm, posted new job openings to grow its Web3, nonfungible tokens (NFTs), and metaverse offerings. The firm is now looking to expand its crypto-versed talent pool while it focuses on the development of Web3 and metaverse “experiences” and an NFT marketplace.

This gaming giant company is now the latest in a growing list of huge names signaling interest in expanding its Werb3 offerings by looking to acquire several new talents. On October 13, the firm announced that it was in the process of recruiting a “wide range of talent” for “system construction and service development,” which is related to the future metaverse and Web3 platforms.

Konami enters the NFT world

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

This firm is famous among the traditional gamer circles for being the publisher behind the Dance Dance Revolution, Metal Gear Solid franchise, Castlevania, and Frogger. Konami appears to be looking to fill multiple positions including system engineers, project managers, programmers, directors, and designers for its venture into Web3.

The publication stated that successful applicants will work on a “unique digital item distribution platform” that mainly conforms to Japanese guidelines for blockchain games. Notably, it is not Konami’s first foray into the nonfungible tokens space. In January 2022, the company launched a collection of NFTs to celebrate the anniversary of its Castlevania franchise.

Nevertheless, huge moves into nonfungible tokens by some of the traditional gaming firms have been met with severe backlash, the most notable example being Ubisoft’s Quartz platform that came under lots of fire earlier this year.

In September, Ubisoft CEO Yves Guillemot walked back and toned down the firm’s enthusiasm for nonfungible tokens, stating that it was just in ‘research mode’ the entire time.

Some of the gamers saw gaming firms’ moves into the nonfungible token world as a money grab. Furthermore, there were environmental issues surrounding the proof-of-work mining process used to mint them. However, most of these worries could get dismissed since Ethereum, the industry standard network for nonfungible tokens has transitioned to proof-of-stake.

NFT sales have dropped steeply in 2022 in line with the widespread cryptocurrency bear market. In recent months, the NFT sales on the world’s biggest marketplace, OpenSea, have plunged as much as 99% from their record highs of over $400 million earlier this year.

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