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Kinguin is a leading games market and is now entering the booming NFT sector.
Kinguin Announces NFT Playing Cards
Immutable X was recently introduced to reduce the high costs and slow transactions of blockchain technology. And in the midst of the recent crypto boom, the start was welcome. Within the first 24 hours, the solution saved users $ 400,000 in gas fees.
Now the project ties in with Kinguin, a Steam-like alternative. Kinguin will use Immutable’s technology to introduce blockchain-based gaming cards that can be bought and sold on the platform’s marketplace. The founder and CEO of Kinguin, Viktor Romaniuk Wanlipointed out other use cases like “new bounties” and “special offers”. The details are unclear at the time of going to press.
The move will also expose a larger gaming audience to the cryptocurrency world.
Kinguin is home to 10 million users, many of whom may have never bought an NFT. The company also has an oversized impact on the broader esports market, sponsoring popular gaming events and opening the Kinguin Esports Performance Center in Europe.
“We are excited to partner with Immutable X on innovative NFTs and intelligent contract offers for gamers and esports enthusiasts around the world. We see the ultimate value in bringing new, rich experiences and features to these global communities. ”
Getting that attention is likely why Wanli and his team chose to partner with Immutable.
Using blockchain networks can be extremely expensive, making even simply embossing a digital work of art costly. This makes the slightest influx of new users a painful reminder of the limits of technology. Immutable has therefore tried to make a name for itself as a scalability project with an emphasis on the NFT space. When you team up with Kinguin, that name will be put to the test.
Robbie Ferguson, a co-founder of Immutable, said:
“Kingun has extensive knowledge, structure and experience building marketplaces. We are very excited about the unique trading experiences that you can build and scale on Immutable X.”
Disclosure: The author kept BTC, POLS, WBTC, DPI, ETH, FLI, UFT, and AAVE at the time of writing.
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