Konami, one of Japan's leading game developers, has detailed its policy regarding the future of NFT. In its latest financial results meeting, Konami spoke briefly about the subject of NFT and explained that it will continue its activities involving this technology as a preservation tool for some of its beloved franchises.

Konami uses NFT as a "save tool"

Konami, the Japanese developer responsible for franchises such as Castlevania, has made its position clear when it comes to the use of NTF. At its latest financial results meeting, the company stated that it would continue to use NFT as a form of preservation, noting that

We will also sell irreplaceable tokens (NFTs) in an effort to preserve our customers’ favorite content as commemorative artwork.

That statement resonates with what Konami has done with the NFT in the past. The company organized a commemorative NFT auction last year for the 35th anniversary of the Castlevania franchise, raising more than $160,000 in sales. The NFT included digital art and videos depicting certain gameplay from the series. With that announcement, Konami hinted at releasing similar series for other franchises in its field, including Contra, Alloy Gear and Silent Hill, among others.

Preservation, NFT and reaction

In the video game world, the term "preservation" relates to the digital storage of game assets and code, with the idea that these can withstand the passage of time. The purpose of this is to protect a new generation of games and assets. While the use of NFT for this purpose has not received a great deal of attention from the gaming press, the use of NFT as a game asset has received widespread attention.

Starting this year, several major game companies have expressed interest in adding these new technologies to their games. Ubisoft has been one of the more active companies in this area, even launching its own NFT marketplace called Quartz. But this has led to some negative attention from gamers. However, the company will continue to push the technology because, according to some of its executives, gamers still "don't get" the benefits that a secondary marketplace could bring them.

Other companies, such as Sega, have ventured into the NFT space, but are considering dropping these activities if gamers see them as a cash grab, as the company announced at a recent management meeting.

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