Konami is now hiring for roles in Metaverse and Web3, NFT's new platform

Konami is now hiring for roles in Metaverse and Web3, NFT’s new platform

Neither the author, Tim Fries, nor this site, the token, provide financial advice. Please refer to our website policy before making financial decisions.

Konami announced Thursday that planning to hire “A broad range of talent” for new web3 development and metaverse experiences in a press release. Moreover, the company also intends to launch a new platform that will allow users to trade NFTs within the game.

Konami launches new platform that enables in-game trading of NFTs

Japanese entertainment giant Konami said it plans to hire a large number of employees to support “system building and service development” for the new Web 3 and metaverse experiences, the company wrote in a press release Thursday. The move comes as Konami is looking for new talent to develop a new platform that will allow players to trade in-game non-fungible tokens (NFTs).

“We have conducted research and development to integrate the latest technologies into games and content, and plan to launch a service where players can trade NFTs (digital items) in-game through a unique blockchain distribution platform.”

Hiring WEB3 and Metaverse development staff

Konami describes the new service as a “unique digital item distribution platform” where users can use their NFTs as in-game items, but also “participate in fan communities and events, and interact with other services and communities to further expand the user experience.” To make this possible, the company is The Tokyo-based company hires talent for a number of positions including system engineer, programmer, project manager, and designer, among others.

This move comes several months after Konami He earned over $150,000 From the sale of pieces from the “Konami Memorial NFT Collection” to celebrate the 35th anniversary of the horror-adventure video game series Castlevania. One of the NFT pieces from the collection, Dracula’s Castle Pixel Art, sold for more than $26,000.

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Crypto Winter Takes Tax on NFT and Metaverse Interest

Konami’s announcement comes amid a difficult period for the NFT and metaverse spaces as the broader decline in cryptocurrency markets weighs on investor interest in virtual spaces. This marks a sharp turn from 2021 when NFT sales hit record levels.

As a result of the downturn, NFT sales totaled just $3.4 billion in the third quarter of 2022, down 68% year over year. The decline was even steeper compared to January 2022, when NFT sales peaked at $12.6 billion.

The bear market has forced several giant metaverse companies to cut costs, including the owner of Facebook Meta, which announced a hiring freeze after its shares plunged more than 60% since the beginning of the year. Facebook Rebranded to Meta A year ago to focus on developing metaverse experiences.

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Given that many companies are still investing in the metaverse despite the ongoing downturn, do you think market growth will accelerate in the long run? Let us know in the comments below.

About the author

Tim Fries is one of the founders of The Tokenist. He has a BA. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. Tim has served as a Senior Associate on the Investment Team in RW Baird’s Private Equity division in the US, and is also the co-founder of Protection Technologies Capital, an investment firm specializing in sensing, protection and control solutions.

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