Konami, Japan’s video giant, is taking bold steps into the NFT world. Although it is part of the company’s plan in 2022 to explore several opportunities in blockchain technology, its main focus is an NFT collection. The company then announced their NFT collection in the form of a Castlevania-themed collection to celebrate the 35th anniversary.

This decision takes into account the latest NFTs trend which has increased the Japanese market. For instance, Square Enix’s president, Yosuke Matsuda, promised integrations with metaverse in 2022. Fans may not be thrilled by this announcement. This is because they still have to learn about the NFT’s impending adoption.

You can also read: Square Enix president shares plans to expand into NFT World

Celebrate Thirty Five Years

Castlevania is an established mainstream franchise which has been around since before the modern era. Although the series is niche, its popularity has been a success across all generations of gaming over the past 30 years. It is a Konami brand flagship, with a high level of popularity in Japan. Konami is also responsible for Metal Gear, Pro Evolution Soccer and Silent Hill.

Different from fans’ expectations of a new title to the Castlevania franchise in celebration of its 35th anniversary or an alternative entertainment medium entirely, Konami instead announced an exclusive ‘Konami Memorial NFT Collection.’ However, fans are not elated about the announcement, just like Ubisoft’s Quartz NFT platform or S.T.A.L.K.E.R 2’Ss NFT project.

According to Konami NFTs, the NFTs will be digital art, music tracks and previously unseen footage from Castlevania. These NFTs are said to contain unlockable, secret items which the NFT owners would be able to benefit from. These NFTs would also allow fans to bid at four different auctions, which will take place throughout January.

It is important to understand what it means.

Pursuant to the successful purchase of one or more of the Konami NFTs, owners will have their names enlisted on the company’s website. The terms and condition of the NFT aren’t clear, according to a critic. First, the NFT was subject to many rules regarding username and display names. In addition, there were terms that restricted ‘inappropriate use’ of the Konami NFTs and a statement that claimed that the company might sell ‘similar’ NFTs in the future. However, these terms do not affect the NFTs’ value. Konami also stated that it is impossible to predict that NFTs will increase in value after the sale.

This, in spite of the criticisms, could be a good start for Konami. Konami is known for their marketable franchises. It is possible to infer that there will be more game developers following the rise of the play-to-earn and metaverse industries as well as NFTs and cryptocurrency.

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