Playable NFTs in growing number of games built using blockchain technology. Developed by Mythical Games, the game uses virtual vinyl figurine NFTs (non-fungible tokens) as playable characters. Players in Blankos Block Party can purchase new Blankos (the term for the characters) through the game’s online marketplace using cryptocurrency, like Bitcoin. Those same players can sell their collected Blankos on the marketplace, earning real-life money in exchange. Each time a specific Blanko is purchased, the player who sold it also earns a portion of those sales through smart contracts, which are agreements written in code on the blockchain.
NFTs have NFTs do offer a unique form of ownership, where the buyer now has authentic proof of ownership on the blockchain, the benefits of owning the item as an NFT weigh against the environmental toll.
During its E3 broadcast, in this case the developers, can make decisions. Furthermore, Mythical Games says that neither Blankos Block Party nor its marketplace requires any crypto mining whatsoever.
The developer also announced collaborations with several prominent artists in fashion, music and other mediums. Among those collaborations are EDM legend Deau5, luxury brand Burberry, and late rapper Nipsey Hustle’s clothing brand, Marathon Clothing. Blankos Block Party will offer exclusive NFT drops featuring these artists and others for players to purchase later in 2021. Mythical Games believes that its game will allow players to own their assets and make a profit. “With Blankos Block Party and its Marketplace, Mythical aims to drive mass adoption of ownership in games through NFTs and blockchain technology, opening the door to a new kind of global game economy where creators are owners and players are asset holders,” said Mythical Games.
As more people begin investing in blockchain and NFTs for the premise of gaming, more games like Blankos Block Party are sure to arise. However, despite the popularity of NFTs, it is hard to overlook the impact required to produce them at the moment. Moreover, POA is far less prevalent than POW in public blockchains. Until a more sustainable and clairvoyant method of authenticity is developed and adopted, Blankos Block Party’s POA method may be in the minority.
Blankos Block Party is free-to-play now on PC.
Source: Mythical Games, Equos