Castlevania Anniversary NFT Sale Raises Over $160K

Konami, a Japanese software publisher and game developer, raised over $160K in its debut foray into non-fungible tokens (NFT). This was the result from an NFT auction that was held in connection with Castlevania’s 35th anniversary, one of the most beloved franchises. This contrasts with the experience of other companies, which have faced a negative backlash about these activities.

Konami Openssea with Castlevania NFTs

Konami, one the most well-known Japanese gaming development companies, has raised more than $160K during its first NFT related business. To celebrate the 35th anniversary, Konami organized an NFT auction. This was to commemorate Castlevania, one of its most loved franchises. It has sold more 20 million copies worldwide. The auction saw 14 NFTs being sold, with the highest price paid for an NFT showing the map of Dracula’s Castle. This NFT sold for more that $26K.

A three-minute video showing highlights from the various games in the series was the second highest bid. It sold for $17K. Opensea’s collection page now shows that the lowest priced piece is listed at 30 ETH. This is just over $100K at the time this article was written.

You get a different result

Konami’s first foray into the NFT market was a different experience than other gaming companies, despite the negative reception the NFT auction received from gaming-related websites. Blockchain-related companies have had a lot success using metaverse and web3 elements to play to earn initiatives (such as Axie Infinity), but traditional companies continue to experiment with these elements for their franchises.

Square Enix, another Japanese game developer, supports the introduction of token economies. Yosuke Matsuda is the CEO of the company. He stated that people will feel more connected to games and other players if they can “contribute in order to earn”. This will encourage them to create self-sustaining economies. Square Enix has been considering entering the decentralized gaming market since last year.

Ubisoft, another company that develops gaming products, has already launched Quartz, its native NFT marketplace. It uses Tezos technology in order to issue and distribute NFTs to its customers. The company’s initiative has received negative reviews from both players and employees. GSC Game World, the creators of Stalker, had to also drop its NFT plans after the backlash it caused on social media.