The mobile gaming titan, Zynga has big plans for this year. After failed attempts by Ubisoft, the gaming giant will enter the world of blockchain NFT with play-to-earn games.
With plans to launch its first Non-Fungible Token (NFT) game, creators of the widely-praised Farmville may incorporate in-game objects into unique IDs for their NFTs. These can be bought and sold similar to the real-world economy.
This controversial yet creative concept would attract players and keep them hooked, but a few skeptical gamers smell something fishy. They believe NFTs can be another way for gaming companies to squeeze money out of its players.
A company could decide not to give its players the necessary upgrades to advance their game, in case they decide against trading NFTs.
Zynga’s plans to enter the blockchain NFT market could possibly be disrupted by the $12.7 billion merger deal between Zynga and Take Two as the latter’s CEO, Strauss Zelnick is doubtful about the NFT plan.
2021 alone saw investments of more than $3.6 billion in blockchain gaming, however most of it was from companies outside of the gaming world.
