NFT sales have declined in 2022 in accordance with the crypto stock decline. OpenSea, the world’s largest marketplace for NFTs, has seen NFT sales decline as much as 99% from their prior peak of over $400 million in recent months.
To grow its crypto-savvy talent pool while developing Web3 and Metaverse “experiences” and a nonfungible token marketplace, Japanese gaming giant Konami is looking for hire.
Gaming giant Microsoft is the latest in a lengthening list of big names seeking to expand its Web3 offerings by acquiring new talent.
On October 13, the firm announced that it was seeking “a wide range of talent” for “system construction and service development” related to future Metaverse and Web3 platforms.
According to Konami, it is working on incorporating the “latest technology” into its games and content, and it also intends to launch an NFT trading platform where players can trade their in-game digital assets.
Among traditional game players, the company is known for its titles in the Metal Gear Solid, Castlevania, Dance Dance Revolution, and Frogger franchises.
There are several open positions including system engineers, programmers, project managers, designers, and directors at Konami’s Web3 subsidiary.
The applicants will work on a “ Japan- specific blockchain game distribution platform”.
Konami is not new to nonfungibles, in January it released a set of NFTs to celebrate the anniversary of its Castlevania series.
Some traditional gaming companies have made significant NFT moves, but they have met with backlash, the most prominent example being Ubisoft’s Quartz platform, which was lambasted earlier this year.
In the last month, Ubisoft CEO Yves Guillemot said the company was ‘merely studying’ NFTs at the time he made his statements.
Some gamers saw gaming companies’ moves into the NFT space as a money grab, though much of these worries can be dismissed since Ethereum, the industry standard network for NFTs, has transitioned to proof-of-stake. There were also environmental concerns over the proof-of-work mining process used to mint them, though much of these worries can be dismissed since proof-of-stake has replaced proof-of-work on the Ethereum network.
NFT sales on OpenSea have fallen by 99% in recent months as part of a wider crypto bear market. NFT sales on OpenSea have fallen by 99% in recent months as part of a wider crypto bear market.