The Japanese gaming giant hires a lot of people before the NFT market

Share This Post

  • Japanese gaming giant Konami is looking to expand its pool of crypto-savvy talent, with a focus on developing Web3 and Metaverse “experiences” and the non-fungible token (NFT) market. The gaming giant is the latest in a list of big names showing interest in expanding Web3’s offerings by trying to attract new talent.

On October 13th, the company announced that it is looking for a “wide range of talent” for “systems engineering and service development” related to its future Metaverse and Web3 platforms.

Konami said it is conducting research and development to incorporate “the latest technology” into its games and content, adding that it also plans to launch an NFT trading platform that allows players to store and trade digital items in the game. The company is known in traditional gaming circles as the publisher of the Metal Gear Solid franchise, Castlevania, Dance Dance Revolution, and Frogger.

Konami is looking for multiple positions such as system engineer, programmer, project manager, designer and director for the development of Web3. Successful applicants will work on a “unique digital item distribution platform” that complies with Japanese blockchain game guidelines.

Last month, Ubisoft CEO Yves Guillemot hit back at the company’s enthusiasm for NFTs, saying it had been in “research mode” all along.

This isn’t the first time Konami has ventured into non-alternative products. In January, the company launched his collection of NFTs to celebrate the anniversary of the Castlevania franchise. However, large-scale moves toward NFTs by some traditional game companies have been met with backlash, the most notable example being Ubisoft’s Quartz platform, which was denounced earlier this year.

Some players saw his foray into the NFT space for gaming companies as money making. Since Ethereum, the industry-standard network for NFTs, has switched to proof-of-stake, many of these concerns can be ignored, but there are also environmental concerns about the proof-of-work mining process used to mine them.

NFT sales plummeted in 2022 in line with the broader crypto bear market. In recent months, NFT sales in the world’s largest market, OpenSea, have plunged 99% from a record high of over $400 million earlier this year.

Read More:

Partnership Between Mitsubishi Electric and Nozomi Networks Strengthens Operational Technology Security Business

Mitsubishi Electric and Nozomi Networks Partnership Mitsubishi Electric and Nozomi...

Solidion Technology Inc. Completes $3.85 Million Private Placement Transaction

**Summary:** 1. Solidion TechnologyInc. has announced a private placement deal...

Analyzing the Effects of the EU’s AI Act on Tech Companies in the UK

Breaking Down the Impact of the EU’s AI Act...

Tech in Agriculture: Roundtable Discusses Innovations on the Ranch

Summary of Tech on the Ranch Roundtable Discussion: ...

Are SMEs Prioritizing Tech Investments Over Security Measures?

SMEs Dive Into Tech Investments, But Are...

Spotify Introduces Music Videos for Premium Members in Chosen Markets

3 Summaries of Spotify Unveils Music Videos for Premium...

Shearwater to Monitor Production at Equinor’s Two Oil Platforms

Shearwater GeoServices secures 4D monitoring projects from Equinor for...

Regaining Europe’s Competitive Edge in Innovation: Addressing the Innovation Lag

Europe’s Innovation Lag: How Can We Regain Our Competitive...

Related Posts

Government Warns of AI-Generated Content: Learn More about the Issue

Government issued an advisory on AI-generated content. All AI-generated content...

Africa Faces Internet Crisis: Extensive Outage Expected to Last for Months, Hardest-Hit Nations Identified

Africa’s Internet Crisis: Massive Outage Could Last Months, These...

FTC Investigates Reddit for AI Content Licensing Practices

FTC is investigating Reddit's plans...

Journalists Criticize AI Hype in Media

Summary Journalists are contributing to the hype and...