Reddit Co-Founder, Other Big-Name Investors See Exciting Opportunities in NFT Play-to-Earn Gaming – PRNewswire
PALM BEACH, Fla., Feb. 17, 2022 /PRNewswire/ — FinancialNewsMedia.com News Commentary – Alexis Ohanian, co-founder of Reddit and founder of venture capital firm Seven Seven Six, is among the high-profile individuals investing in NFTs. Last month, the millionaire investor and Polygon announced that they will be investing $200 million to fund projects that focus on gaming properties and social media platforms built on Web 3. Ohanian, whose venture firm’s portfolio includes DroneSeed, Better Brand, and Axie Infinity maker Sky Mavis, said “the most obvious opportunities right now are in gaming and social” and predicts play-to-earn crypto will be the only games people play in five years. Companies like Good Gamer Entertainment Inc. (TSXV:GOOD) (OTCQB:GGAMF), Funko (NASDAQ:FNKO), DraftKings (NASDAQ:DKNG), Take Two Interactive (NASDAQ:TTWO), and Zynga (NASDAQ:ZNGA) are taking gaming into the future with NFTs and play-to-earn models that will very soon become the norm for developers looking to monetize their games.
Good Gamer Entertainment Inc. (TSXV:GOOD) (OTCQB:GGAMF), a real-money skill-gaming operator and NFT play-to-earn blockchain-based game developer, just announced the launch of the Good Gamer Tournament Management Platform (TMP). The company also announced the launch of its first two real-money skills-based game on the platform, Balloon Protect and Lava Monster in the iOS app store and Samsung Galaxy store.
Good Gamer‘s TMP expands the gaming ecosystem by giving iOS and Android mobile game publishers the opportunity to integrate real-money competitions to their skill-based mobile casual games and connecting gamers around the world by allowing them to responsibly compete for real-money prizes.
Designed for Unity-based games at high scalability and high availability, the TMP offers configurable head-to-head and multi-player tournaments and a dynamic leaderboard feature and caters to all categories of skill-based mobile casual games and players from all popular gaming genres as well as more niche selections.
Good Gamer Entertainment recently announced a master services and license agreement with Fork Gaming to develop and launch a Play-to-Earn NFT game project called the Chosen Ones. The Chosen Ones has gained over 55,000 twitter followers and over 51,000 discord members after the announcement of the deal on Feb 1st.
Through the agreement, Good Gamer will develop multiple blockchain applications to create the Chosen Ones non-fungible tokens (NFTs), artwork, characters and a Play-to-Earn (P2E) NFT-based blockchain game. Fork Gaming will become the exclusive publisher for the Chosen Ones franchise.
For more information on Good Gamer Entertainment (TSXV:GOOD) (OTCQB:GGAMF), please visit this link.
NFTs and Gaming Come to the Forefront
Funko (NASDAQ:FNKO), the leading pop culture lifestyle brand that sells vinyl figures, action toys, plush, apparel, board game, housewares, NFTs, and accessories, has created digital versions of its popular products. The company has developed and issued its own NFTs through the WAX NFT Marketplace, which uses a proprietary vIRL technology. Funko’s hyper-popular collectible toys are now going digital through the NFT version of the toys, which collectors can buy and keep on a blockchain with proof of ownership and authenticity. In February, the company unveiled its newest NFL vinyl figures from Funko GOLD, a line dedicated …….