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Japanese gaming giant hiring spree ahead of NFT market

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Japanese gaming giant Konami is seeking to expand its pool of crypto-experienced talent as it looks to develop Web3, Metaverse, and non-fungible tokens (NFT) “experiences”.

The gaming giant is the latest in a long list of big names indicating an interest in expanding Web3 offerings by seeking new talent.

On October 13, the company announce It was recruiting a “wide range of talent” for “system building and service development” related to future Metaverse and Web3 platforms.

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Konami said it is conducting research and development to integrate “the latest technology” into its games and content, adding that it also plans to launch an NFT trading platform where players can trade digital items within the game.

The company is best known among traditional gaming circles as the publisher behind the Metal Gear Solid franchises, Castlevania, Dance Dance Revolution, and Frogger.

Konami is looking to fill various positions including system engineers, programmers, project managers, designers, and project managers for its Web3 project.

Successful applicants will work on a “unique digital item distribution platform” that complies with the Japanese guidelines for blockchain gaming.

This isn’t Konami’s first foray into non-fungal foods, in January the company launched a batch of NFTs to celebrate the anniversary of the Castlevania franchise.

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Related: Disney is looking for a corporate attorney for ’emerging technologies’ and NFTs

However, major moves in NFT by some traditional game companies have been met with a backlash, the most notable example being Quartz platform Ubisoft that came under fire earlier this year.

Last month, Ubisoft CEO Yves Guillemot The company’s enthusiasm declined As for the NFTs, saying they’ve been in “search mode” the whole time.

Some gamers saw the game companies’ moves into the NFT space as cash-grabbing. There have also been environmental concerns about the PoW mining process used to mine it, although many of these concerns can be dismissed since Ethereum, the industry standard network for NFTs, has moved to PoS.

NFT sales declined in 2022 in line with the broader bearish cryptocurrency market. In recent months, NFT sales have been in the world’s largest open market I retreated up to 99% of its record highs of more than $400 million earlier this year.

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