Skip to main content

FarmVille NFTs On The Horizon? Zynga Hires New VP For Blockchain Gaming

Zynga will work on integrating NFTs and blockchain into its existing portfolio in addition to developing new NFT-based games.

Nonfungible tokens (NFTs) scored another win with gaming giant Zynga’s announcement of the upcoming integration of NFTs and blockchain into the publisher’s portfolio.

San Francisco-based game developer Zynga, best known for its FarmVille and CSR Racing series, appointed marketing veteran Matt Wolf as its vice president to oversee the company’s blockchain gaming efforts.

With the addition of Wolf, Zynga will work on integrating NFTs and blockchain into its existing portfolio and developing new NFT-based games. Zynga chief product officer Scott Koenigsberg noted that the company became an early adopter of emerging platforms and technologies with new releases on Snap Games, Google Nest and Amazon Alexa.

Remarking on the prominence of blockchain technology in the digital economy, Koenigsberg said that Wolf would help them reach a new addressable market through NFTs and explore new ownership possibilities for gamers.

Calling NFTs and blockchain technology as a natural next step in Zynga’s evolution, Matt Wolf praised Web3 token-based systems for enabling innovation and delivery of new forms of player value in gaming. “By creating an integrated experience that enables players to become owners in their gaming journey, our goal is to expand Zynga’s audience reach and drive stronger engagement and retention,” he added. 

The gaming industry has welcomed NFTs with open arms as they open new business models and revenue streams for developers, publishers and even content creators. Electronic Arts boss Andrew Wilson claimed that collectible digital content would play a meaningful role in the company’s future.

Assassin’s Creed publisher Ubisoft is also exploring the potential of blockchain games following its participation in a funding round for NFT-based developer Animoca Brands.

Comments

Popular posts from this blog

HAZEMONKEYS NFT OFFICIALLY REVEAL ART ON TWITTER

On the 8th of December 2021,  HazemonkeyNFT  officially revealed a few art samples from their collection right after serving their audience with a nerve-stimulating video teaser barely two days prior. The samples included 3 of their art in a gif format which was enough to send heads rolling in amusement. The three images of some very cool looking monkey art have put their collection as one of the few very unique collections in the metaverse, together with the likes of Bored apes, crypto doodle, crypto kitties and our favorite punks. According to a statement on their official twitter handle, the arts have rare traits above of above 70% which makes them so unique. The art has received a heavy deal of positive from fans as they cant stop gushing over these monkeys in the comment section. These are one of the cutest and most unique artworks currently in the NFT space and already looks like a good buy from it's artistic value alone. They announced that they will be joining YouTube ...

Platform Aims To Revolutionize The Marketing Ticket With Blockchain And NFTs

With NFTs and blockchain technology, artists are empowered to monetize the secondary market and eliminate ticket fraud. The music industry is dominated by scalpers who are looking for arbitrage opportunities to resell tickets. Although the phenomenon is not new, it has only become more apparent with the impact of the pandemic, making the market even more centralized than it had been previously. The sad reality is, now artists’ insiders, automated bots, partnerships with second-hand ticket retailers and those looking to make ticket resales their business have used these actions for their own personal gain. Unfortunately, many still do not recognize the impact this has on their favorite artists. The result has been that artists now have a more difficult time making a decent living. Typically an artist's album sales will go directly to their label, making them more reliant on revenue from performing live shows, which is further amplified by artists who will lose out on a good chunk of...

One Of The Metaverse’s Big 3 Companies Grows Over 1000% In A Year

Teams pioneering the metaverse concept are faced with the task of defining this unknown territory. Understanding the metaverse concept is complex, especially since it doesn't necessarily exist yet, although many industry pioneers are coming close. As the world becomes increasingly interconnected with services, products and capabilities melding together into a single experience, the metaverse, in turn, becomes a clear successor to the internet and a concept that is close in reach. However, defining the concept remains blurry, with many people's first instincts being shaped by fictional movies. Although some aspects of this concept may be similar, the projects pioneering this space in the real world are the ones that hold the power to determine what this "metaverse" concept really looks like and make it a reality for the everyday user. With the metaverse, many believe a future is in store where people are increasingly interconnected with others, regardless of location a...