Flow partners with nWayPlay to release NFT for Beijing 2022 Winter Olympics

Blockchain platform Flow has announced a partnership with nWayPlay to bring the most recent edition of NFT to market for that the 2022 Beijing Winter Olympics.

nWayPlay launches the NFT retail market

nWay, a subsidiary of Animoca Brands, has formally launched nWayPlay.com, a homepage for accredited NFT Olympic Pins. Collectors will have the ability to buy NFT Olympic Pins goods on nWayPlay.com beginning June 22nd and then trading on the private market starting June 29th.

nWayPlay.com is a decentralized market for collectors and players to purchase and sell several NFTs based on major brands. Various games on nWayPlay’s stage – like a competitive real time Olympic-themed video game to be launched before this 2022 Beijing Winter Olympics – and will be powered by Flow Blockchain.

Flow plays a strategic role in building NFT

Flow is a Proof-of-Stake (PoS) blockchain and ensures that it doesn’t consume the large quantity of power that Proof-of-Work (PoW) blockchains for example Ethereum and Bitcoin consume.

Through Flow, collectors and fans can buy NFTs with low trade costs and wide accessibility. NFT Olympic Pins are part of the Olympic Heritage Collection. It is a sort of artistic memorabilia from the Olympic Games and reflects the world’s biggest sporting event through picture items like posters, logos, characters and mascots in the Olympic Games. Olympic Games for the past 125 years. NFT Olympic Pins are an electronic version of the collectable and tradable Olympic Pins which have various characteristics typically associated with authenticity, rarity and provenance, which makes them real collectibles.

Taehoon Kim, CEO of nWay: “Today marks the beginning of a new Olympic-themed digital entertainment experience that includes NFT Olympic Pins and the massively multiplayer video games we play. I’m developing under a new licensing agreement with the International” Olympic Committee. We constructed nWayPlay along with the Flow Blockchainthe same platform used by NBA Top Shot as its energy consumption correlated with NFTs is considerably lower than with proof-of-work alternatives.”

How do I get NFT Olympic Pins?

Collectors can obtain exclusive and officially licensed NFT Olympic Pins in three ways. The first is by purchasing the boxes on nWayPlay.com and the second is by purchasing directly from other collectors on the nWayPlay Marketplace. Finally, by participating in a real-time competitive Olympic video game linked to nWayPlay that will be launched ahead of the Beijing 2022 Winter Olympics.