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International Olympic Committee to launch NFT-based game By BTC Peers

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International Olympic Committee launches NFT-based gaming

International Olympic Committee (a Swiss non-governmental sport organization) has partnered up with game developer nWay for a digital-collectible multiplayer game.

Olympic Games Jam Beijing 2022 mobile game allows players to play a variety of winter sports in order to gain digital Olympic NFT pins. This pin will give players access to higher levels and certain skins for characters, as well as other game utilities like tighter control, greater speed, and more efficient use of their data.

Taehoon, the CEO of nWay commented on the decision, saying:

The Olympic Games are the world’s largest sport celebration. We can’t think of a better genre than party games to get everyone across different gaming skills involved for this global celebration in a massive way.

Kim said that this new game will allow gamers as well NFT collectors to “not only engage with Olympic Games but also have a piece Olympic History.”

It is completely free to use and doesn’t require any crypto wallet. The game will launch one day prior to the opening ceremony of the Olympic Winter Games Beijing 2022.

Animoca Brands is the parent company of nWay, a subsidiary that invests heavily in Blockchain startups. Animoca, the parent company to the metaverse-based game The Sandbox is owned by Animoca. The company joined forces with Bored Ape Yacht Club in December to develop a rogue Blockchain game. The company led an $8million Series A round of financing for cryptocurrency startup Burnt Finance.

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