Japanese gaming giant Konami is looking to expand its pool of crypto-savvy talent as it develops Web3 and Metaverse “experiences” and a market for non-fungible tokens (NFTs).

The gaming giant is the latest in a growing list of big names showing interest in expanding their Web3 offerings by seeking to acquire new talent.

On October 13, the company announced that it was recruiting a “wide range of talent” for “system building and service development” related to the future Metaverse and Web3 platforms.

Konami stated that it has been conducting research and development to incorporate the “latest technology” into its games and content, adding that it also has plans to launch an NFT trading platform where players can trade their digital in-game items.

The company is well known in traditional gaming circles as the publisher behind the Metal Gear Solid franchise, Castlevania, Dance Dance Revolution, and Frogger.

Konami is seeking to fill various positions including systems engineers, programmers, project managers, designers and directors for its Web3 foray.

Successful applicants will work on a “unique digital item distribution platform” that conforms to Japanese guidelines for blockchain games.

This isn’t Konami’s first foray into non-expendables, in January the firm released a collection of NFTs to celebrate the anniversary of its Castlevania franchise.

Related: Disney Seeks Corporate Lawyer for ‘Emerging Technologies’ and NFTs

However, major moves towards NFTs by some traditional game companies have received backlash, the most notable example being Ubisoft’s Quartz platform, which came under fire earlier this year.

Last month, Ubisoft CEO Yves Guillemot backtracked on the company’s enthusiasm for NFTs, saying it was simply in “research mode” the entire time.

Some gamers saw the game companies’ moves into the NFT space as money-grabbing. There were also environmental concerns about the proof-of-work mining process used to mint them, although many of these concerns can be dismissed as Ethereum, the industry standard network for NFTs, has transitioned to proof-of-stake.

NFT sales have plummeted in 2022 in line with the broader crypto bear market. In recent months, NFT sales on the world’s largest marketplace, OpenSea, have plummeted as much as 99% from their all-time highs of over $400 million earlier this year.



This post The wave of hiring of the Japanese gaming giant before the NFT market

was published first on https://cointelegraph.com/news/japanese-gaming-giant-s-hiring-spree-ahead-of-nft-marketplace

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