ePlay Digital introduction of NFT Platform showcases logical use of the tech
- ePlay Digital
- Mar 29, 2021
- 1 min read
"ePlay Digital dove headfirst into the non-fungible token craze by unveiling their NFT platform at the e-sports investor day event today, according to a press release.
Non-fungible tokens are all over the place right now and most anyone who’s anyone has been trying to find a way to get themselves associated with this new fad. We’re tired of talking about Logan Paul and Mark Cuban, so let’s talk about Rob Gronkowski and Beeple, the Tampa Bay Buccaneer who cashed in to the tune of $1.8 million in digital trading cards, and the conceptual artist who has managed to move $69 million of digital art and is clearly the big winner so far in the NFT sweepstakes.
But ePlay Digital’s usage is different in that it actually has a function beyond selling the technology itself. The company’s NFT Platform introduces styles, scenes and rewards to games as collectibles tied to a blockchain. NFT’s make natural sense for eSports, maybe more than any other industry, because they can be used to package rewards and loyalty programs, collectibles and any other intangibles that may work with the gaming system in place."
ePlay's approach to NFTs makes a lot of sense — using them as functional in-game rewards and collectibles rather than just speculative assets gives the technology real utility. Tying loyalty programs to a blockchain within an eSports ecosystem is exactly the kind of use case that could give NFTs long-term staying power beyond the hype cycle. https://polytrackcodes.com
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