Fun

Konami partners with Avalanche for Resella NFT platform launch

News Feed - 2024-06-20 07:06:00

Ezra Reguerra4 hours agoKonami partners with Avalanche for Resella NFT platform launchKonami Digital Entertainment has teamed up with Avalanche to debut Resella, an intuitive NFT platform simplifying NFT creation, issuance and trading.1421 Total viewsListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksJapanese game developer and publisher Konami Digital Entertainment has announced its collaboration with the Avalanche blockchain to launch its new non-fungible token (NFT) solution, “Resella.”


The NFT platform aims to advance Web3 services by providing a streamlined solution for companies and organizations looking to integrate blockchain technology into their operations.Streamlining NFT Transactions


In an announcement sent to Cointelegraph, the Avalanche team said the platform is designed to simplify the creation, issuance and trading of NFTs.


The platform also aims to make it easier for newcomers to engage with blockchain technology. The platform eliminates the need for external Web3 wallets or complex cryptocurrency transactions, a key feature that follows its user-friendly approach.


Resella supports transactions in Japanese yen, catering to Japan’s local market needs. However, the new NFT platform also plans to expand its functionalities for global users, aiming to broaden its reach.


In addition, the team said developers can incorporate the platform’s functions into their applications while users benefit from a straightforward marketplace experience.Bridging traditional gaming and Web3


Beyond its primary function, Resella also facilitates the transition of existing platforms into the Web3 space. By making Web3 technologies more accessible, Konami Digital Entertainment aims to create an inclusive environment where businesses across various sectors can explore blockchain innovations.


Resella also envisions new social experiences within the Web3 ecosystem. For instance, NFTs from gaming environments could be used as event tickets or to unlock exclusive in-game content, enhancing user engagement and creating richer experiences.


Powered by an Avalanche Subnet and supported by Ava Labs’ AvaCloud Web3 launchpad service, Resella offers efficient operations with zero gas costs for users and consistent processing speeds. This ensures a smooth transaction experience, reinforcing its appeal as an NFT solution.


Related:Bitcoin NFTs surpass Ronin in all-time salesGaming continues integration with Web3


As gaming continues to benefit from Web3 technologies, more infrastructure are being built to support the collision between the two industries.


On June 18, gaming-focused blockchain Ronin announced a new or zero-knowledge (ZK) Ethereum Virtual Machine (EVM) layer-2 chain to scale Web3 games. The team revealed it would introduce the dedicated ZK chain to help its game studio partners grow and accommodate more users.


Sky Mavis, the team behind Ronin, said they aim to create a unified gaming ecosystem that allows token swaps, asset transfers and NFT trading between layer-1 and layer-2 games.


Magazine:SocialFi boosts game revenue, Axie Infinity creator wants to ditch Discord: Web3 Gamer# Japan# Partnership# NFT# AvalancheAdd reaction

News Feed

Consensys files lawsuit against SEC and commissioners over Ether regulation
Turner Wright5 hours agoConsensys files lawsuit against SEC and commissioners over Ether regulationThe company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaste
Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurren
Marcel Pechman9 hours agoSEC vs. Ripple: Huge win for cryptoOn this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Ripple’s latest win against the SEC and what it means for the crypt
Analyst: Chainlink Is Another Altcoin Bubble as Price Crashes 20% in 48 Hours
Analyst: Chainlink Is Another Altcoin Bubble as Price Crashes 20% in 48 HoursChainlink is a bubble that is waiting to burst, and the token will eventually lose 99% of its value, acc
SEC and Gensler believed Ether was security for at least a year
Helen Partz9 hours agoSEC and Gensler believed Ether was security for at least a yearIn April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether was a security.6388 Total views5 Total sh
Voters weigh in on US presidential debate — Will Trump or Biden mention crypto?
Turner Wright9 hours agoVoters weigh in on US presidential debate — Will Trump or Biden mention crypto?Many crypto users are calling on CNN moderators Jake Tapper and Dana Bash to ask the two candidates at least one qu
David Attlee14 hours agoSouth Korea to invite 100K citizens to test CBDC in 2024Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.2863 Tota
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web The accounting firm Mazars Group has stopped doing proof-of-reserves (POR)
Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks
Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks The global lending institution, the International Monetary Fund (IMF) has told the Ke
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases Microstrategy Inc. has raised $650 million from the sale of convertible senior
Savannah Fortis2 hours agoNYC mayor releases plans for responsible AI usage in local governmentThe administration for the mayor of New York City has released a plan for creating a framework for government agencies to utl
Marcel Pechman10 hours agoBitcoin options tantalizing bears to push BTC price below $30K before Friday’s expiryBitcoin bears are closing in on a rare win, as they have the advantage in this week’s $600 million BTC op