Home Coin news Avalanche Joins Forces with Konami

Avalanche Joins Forces with Konami

21 Jun, 2024 Coin news

Avalanche Joins Forces with Konami

Japanese game developer and publisher Konami Digital Entertainment has announced its partnership with the Avalanche blockchain to launch its new non-fungible token (NFT) solution, “Resella.”

This NFT platform aims to advance Web3 services by providing an efficient solution for companies and organizations seeking to integrate blockchain technology into their operations.

In an announcement sent to Cointelegraph, the Avalanche team stated that the platform is designed to simplify the creation, issuance, and trading of NFTs.

The platform also aims to make it easier for newcomers to engage with blockchain technology.

It eliminates the need for external Web3 wallets or complex cryptocurrency transactions, aligning with its user-friendly approach.

Resella supports transactions in Japanese yen, catering to Japan’s local market needs.

However, the new NFT platform also plans to expand its functionalities for global users to broaden its reach.

Additionally, developers can incorporate the platform’s functions into their applications, while users benefit from a straightforward marketplace experience.

Beyond its primary function, Resella facilitates the transition of existing platforms into the Web3 space.

By making Web3 technologies more accessible, Konami Digital Entertainment aims to create an inclusive environment where businesses across various sectors can explore blockchain innovations.

Resella also envisions new social experiences within the Web3 ecosystem

For instance, NFTs from gaming environments could be used as event tickets or to unlock exclusive in-game content, enhancing user engagement and creating richer experiences.

Powered by an Avalanche Subnet and supported by Ava Labs’ AvaCloud Web3 launchpad service, Resella offers efficient operations with zero gas costs for users and consistent processing speeds.

This ensures a smooth transaction experience, reinforcing its appeal as an NFT solution.

As gaming continues to benefit from Web3 technologies, more infrastructure is being built to support the intersection of the two industries.

On June 18, gaming-focused blockchain Ronin announced a new zero-knowledge (ZK) Ethereum Virtual Machine (EVM) layer-2 chain to scale Web3 games.

The team revealed that the dedicated ZK chain would help its game studio partners grow and accommodate more users.

Sky Mavis, the team behind Ronin, stated that they aim to create a unified gaming ecosystem that allows token swaps, asset transfers, and NFT trading between layer-1 and layer-2 games.

Sources:

https://cointelegraph.com/news/konami-resella-nft-avalanche

https://www.blockchaingamer.biz/news/32850/konami-ava-labs-resella/

https://www.avax.network/blog/konami-digital-entertainment-co-ltd-unveils-groundbreaking-nft-solution-resella-in-collaboration-with-ava-labs

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