Kinguin is a global digital marketplace that specializes in selling game keys. The brand is set to launch a new NFT marketplace in partnership with Immutable X to add 40+ collections and over 200,000 NFTs to its website, giving gamers access to the exclusive additions.
The website will offer NFT’s for games like ‘Gods Unchained,’ ‘PlanetQuest,’ and ‘Habbo Hotel,’ with more titles on the way. Kinguin hopes that with Immutable’s help, it will be able to expand its knowledge of blockchain technology. The partnership will open doors in the gaming industry for developers and consumers alike, allowing users to connect their crypto wallet with the Kinguin NFT marketplace to buy NFTs or deposit Ethereum.
Kinguin hopes to develop its own NFT video games in the future. The NFT marketplace is still in development.
Video Game NFT Marketplaces
Kinguin Launches a New NFT Marketplace in Partnership with Immutable X
Trend Themes
1. NFT Gaming Marketplaces - As game assets continue to grow in value, businesses can establish new NFT gaming marketplaces that will allow gamers to buy, sell and trade digital assets.
2. Blockchain-powered Gaming - Businesses can leverage blockchain technology to create an immutable, decentralized way of managing assets, enabling anonymous users to participate in asset exchanges across gaming platforms.
3. Brand Collaborations in Gaming - Collaborating with other brands can help gaming businesses create powerful partnerships that will help them expand their market reach and attract more gamers.
Industry Implications
1. Gaming - The gaming industry can benefit greatly from NFT marketplaces and new blockchain-powered gaming initiatives, giving it wider access to the burgeoning world of digital assets.
2. Cryptocurrency - Cryptocurrency companies can develop solutions that will allow gamers to seamlessly buy and sell NFT assets while also leveraging blockchain technology to drive new business models and revenue streams.
3. E-commerce - E-commerce businesses can start to create their own NFT marketplaces that will allow customers to buy and sell digital assets, just like they do with physical goods, to open up exciting new revenue streams and reach new customers.