Evolving NFT Market: Bandai Namco Debuts First AI-Based NFT Game

Evolving NFT Market: Bandai Namco Debuts First AI-Based NFT Game

Evolving NFT Market: Bandai Namco Debuts First AI-Based NFT Game

Award-winning video game creator, Bandai Namco, has unveiled an innovative footprint in the fast-paced world of Non-Fungible Tokens (NFTs): a unique AI-driven virtual pet game built on the gaming-centric Oasys blockchain.

Named RYU, these virtual pets are developed as NFTs, bringing a new, vibrant layer to the gaming experience. The inauguration of the game was celebrated with an airdrop of 10,000 digital NFT eggs, called MARYUs, to holders of the initial series of NFTs in the “Oasyx” project.

Every MARYU morphs into a RYU—a soulbound token. This token type is unique as it stays bonded to its original wallet and cannot be transferred or sold, offering an intriguing blend of gaming and digital assets.

Much like the classic Tamagotchi, RYU develops unique abilities and personality traits based on user interaction. RYU can learn and advance, thanks to the core integration of Artificial Intelligence (AI), offering an even more immersive virtual pet experience.

The entity of this venture doesn’t end here. Players can also create future generations of MARYUs, ensuring a continuously active and sustained game interaction. Upon ending the nurturing phase, these creatures will remain alive and interactive, signaling a continuous game experience.

This dynamic move by Bandai Namco and co-developer Attructure points towards a booming trend in the gaming industry. By incorporating blockchain technology and NFTs into well-loved classic gaming formats, they maximize user engagement, value creation, and excitement.

Further spotlighting the immense potential in the intertwining of blockchain technology and the gaming world, Bandai Namco is just one of the big names joining the space. Other industry-leading game creators, including Ubisoft and Sega, also have ventures in progress.

As we continue to explore the boundaries of what’s possible in the digital world, the introduction of NFTs into established gaming platforms indicates an exciting future direction for industry. The blending of the user-focused gaming industry with the unique, digital asset values of NFTs, holds immense potential for further exciting innovation and expansion. As the saga continues, we’re keeping our eyes peeled for the boundless possibilities this merging of worlds can inspire.

 

Latest News

Evolving NFT Market: Bandai Namco Debuts First AI-Based NFT Game

Evolving NFT Market: Bandai Namco Debuts First AI-Based NFT Game

Evolving NFT Market: Bandai Namco Debuts First AI-Based NFT Game Award-winning video game creator, Bandai Namco, has unveiled an innovative footprint in the fast-paced world of Non-Fungible Tokens (NFTs): a unique AI-driven virtual pet game built on the gaming-centric Oasys blockchain. Named RYU, these virtual pets are developed as NFTs, bringing a new, vibrant layer

Shorts' Sudden Exit: The Tale of $100 Million and the Fading Bears

Shorts’ Sudden Exit: The Tale of $100 Million and the Fading Bears

Cryptocurrency, often hailed as the financial frontier, is a realm where fortunes can pivot dramatically within mere moments. One such seismic shift recently rocked the crypto community: an eye-watering $100 million in crypto shorts vanished in thin air. This occurrence not only emphasizes the capricious nature of the crypto world but also sheds light on

Asia's Emergence as the Next Global Crypto Hub

Asia’s Emergence as the Next Global Crypto Hub

Asia has quietly been building momentum that poises the region to become the dominant force in the global cryptocurrency landscape. Various indicators point to Asia’s accelerating leadership when it comes to crypto adoption, regulation, innovation and activity.   TL;DR:   Asia is seeing a surge in crypto trading volumes as activity moves East. Major cryptocurrency

Ethereum Futures ETFs: Bitwise and VanEck Lead the Way

Ethereum Futures ETFs: Bitwise and VanEck Lead the Way

In the dynamic realm of cryptocurrency, Ethereum has consistently been a beacon of innovation. But as the crypto landscape matures, it’s no longer just about purchasing and holding Ether. The investment horizon is broadening, with groundbreaking financial products coming to the fore. One such innovation is Ethereum Futures ETFs, offering a novel way to invest

Why Claims That "NFTs Are Worthless" Are a Passing Fad

Why Claims That “NFTs Are Worthless” Are a Passing Fad

As the market slumps and fears of a recession continue to loom, NFTs have faced heightened criticism as being an overhyped internet fad. Even Rolling Stone (who once partnered with BAYC) is claiming “Your NFTs Are Actually — Finally — Totally Worthless“. With prices declining from 2021 highs, many are quick to call NFTs a

Skeletor’s Digital Revival: VeeFriends & Mattel’s NFT Collab

Skeletor’s Digital Revival: VeeFriends & Mattel’s NFT Collab

Mattel and Gary Vaynerchuk’s VeeFriends are releasing a toy mashup of Masters of the Universe Skeletor and VeeFriends Skilled Skeleton. The $45 collectible has interchangeable parts and launches on Oct. 6, merging two iconic brands.   TL;DR: Gary Vee is teaming up with Mattel for a toy mashup of Skeletor and VeeFriends character Skilled Skeleton.

MicroStrategy Acquires $147M More Bitcoin, Totals 158K BTC!

MicroStrategy Acquires $147M More Bitcoin, Totals 158K BTC!

In a world where digital currencies are rapidly reshaping the financial landscape, MicroStrategy, a renowned business intelligence firm, has once again made headlines with its latest acquisition of Bitcoin. The company’s unwavering faith in the cryptocurrency has sent ripples across the market, signaling a bullish stance that is hard to ignore.   A Bold Move

0
Would love your thoughts, please comment.x
()
x