Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Learn more.
Rainmaker Games announced that it has launched a cross-chain marketplace for non-fungible tokens (NFTs) for blockchain games.
Will Deane, CEO of Rainmaker, said in an interview with GamesBeat that the marketplace represents a new advance in blockchain-based game finance, or GameFi. With the new marketplace, gamers can explore aggregated top GameFi NFT listings from across Web3, complete with guides, strategies, and reviews.
Back in December, Rainmaker Games closed a round of funding, raising $6.5 million. Its investors include CoinFund, Polygon Studios, and Animoca Brands among others. At the time, the company was working on “play-to-earn” blockchain games where players can own their wares and sell them if they wish.
Trading NFTs for games became a multibillion-dollar market in 2021, as collectors were driven by hype and hopes of profits as they invested in NFTs. The problem is that gamers are forced to purchase NFTs on platforms that only cater to specific marketplaces and their respective blockchain architecture, such as Solana or Polygon.
MetaBeat 2022
MetaBeat will bring together metaverse thought leaders to give guidance on how metaverse technology will transform the way all industries communicate and do business on October 3-4 in San Francisco, CA.
Deane said most gamers and investors are left confused about what to buy, which NFTs perform best, which wallet to download, and how to get started. Adding to that is a general lack of unbiased reviews and accurate rating systems for true gaming communities.
Deane’s solution is Rainmaker’s new NFT
Read more on venturebeat.com