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NFT-Based Gaming Initiatives

Refinable's New Program Will Support Play-To-Earn Video Game Movement

— August 12, 2021 — Business
Leading NFT marketplace company Refinable has announced the launch of the 'Refinable Gaming Initiative.' The program seeks to build out the company's relationship with gaming developers to support the Play-To-Earn (P2E) movement being championed by NFT gaming communities.

This new venture comes as a result of the increasing interest in gaming NFTs, which the company has witnessed in its own marketplace. Refinable users have been gravitating towards the block-chain based gaming experiences produced by Seascape and ChainGuardians – two of the company's gaming partners. The new initiative will include a variety of updates to the marketplace including a dedicated gaming space, branded and verified profiles, royalties and Logic integrations, customized service fees, improved community outreach, and more.

Doubling down on NFT gaming, the company has also announced that it will earmark $150,000 to the development of its Play-To-Earn communities.

Image Credit: Refinable
Trend Themes
1. NFT Gaming Communities - NFT marketplace companies can innovate and attract more users by building relationships with gaming developers, creating a dedicated gaming space, integrating customized service fees, and more.
2. Play-to-earn (P2E) Features - Companies can increase interest in gaming NFTs by developing Play-To-Earn features like royalties, verified profiles, Logic integrations, and other community outreach efforts.
3. Blockchain-based Gaming Experiences - Blockchain-based gaming experiences are gaining popularity, which presents an opportunity for gaming developers and NFT marketplace companies to collaborate and offer unique, secure, and lucrative gaming options.
Industry Implications
1. Gaming - Gaming developers can embrace the benefits of blockchain technology and NFTs to offer gamers unique, secure, and potentially profitable play-to-earn game options.
2. NFT Marketplace - NFT marketplace companies can collaborate with gaming developers, providing a dedicated gaming space, verified profiles, customized service fees, and other P2E features to attract and retain users.
3. Cryptocurrency - The rise of NFT-based gaming initiatives presents an opportunity for the cryptocurrency industry to advance the adoption of blockchain technology by developing innovative and lucrative gaming options.
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