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Japanese Entertainment Conglomerate Konami Joins Big Companies Seeking Blockchain Talent

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Japanese game company Konami is looking to expand its cryptocurrency talent pool while concentrating on delivering web3 and metaverse experiences and considering incorporating a new non-fungible token (NFT) market.

Video game juggernaut is the latest in a long line of well-known names to show interest in boosting their NFT, web3 and metaverse services by hiring fresh talent.

The company said on Oct. 13 that it was seeking “a wide range of talent” for “system construction and service development” related to the upcoming metaverse and web3 platform.

Konami said it is working on research and development to incorporate “the latest technology” into its games and other content offerings, with the intention of introducing an NFT trading platform that allows users to exchange in-game digital goods.
The traditional gaming community is familiar with the company as the publisher of Frogger, Castlevania, Dance Dance Revolution and the Metal Gear Solid series.
The company is currently recruiting for a variety of web3-related positions as it prepares for the metaverse, including system engineers, programmers, project managers, designers and directors.
The selected candidates will work on a “unique digital item distribution platform” that complies with Japanese regulations on blockchain games.
Konami has been in the NFT market before, introducing several NFTs in January to mark the anniversary of the Castlevania franchise. However, alongside Konami, several other traditional game companies also made big inroads into his NFTs, so there was some opposition. The most notable example is Ubisoft’s Quartz platform, which faced some criticism in early 2022.
Ubisoft CEO Yves Guillemot said the company was only in “research mode,” recalling the company’s enthusiasm for NFTs last month.
On the other hand, some gamers saw entry into the NFT market for gaming businesses as money making. The proof-of-work mining process used to mine them also had environmental concerns. But Ethereum, the blockchain that powers most of his NFT issuances today, recently scrapped his PoW mechanism in favor of Proof of Stake, so these issues are largely ignored now. There is a possibility.
In related news, NFT sales have fallen in line with the general crypto bear market of 2022. NFT sales on OpenSea, the world’s largest marketplace, have dropped 99% in recent months from his all-time high of over $400 million. Earlier this year.
The writer is the founder of yMedia. He embarked on cryptocurrency in his 2013 and is an ETH maximalist. twitter: @bhardwajshash

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