NFT

Mobile Games Giant Zynga Makes NFT-Based Games

Mobile Games Giant Zynga Makes NFT-Based Games.

With the rise of blockchain technology, people are becoming more and more interested in cryptocurrencies and other digital assets. The NFT market has been very attractive to investors lately as more and more game developers, including Zynga, are trying their best to participate in this trend.

Mobile gaming giant Zynga is the first gaming site to accept Bitcoin

Popular game development company Zynga has produced a range of games that appeal to different gaming preferences of people of all ages. Since its inception in 2007, this American company has been known for its innovative approach to the gaming industry.

Farmville is known as the most popular game that took the world by storm, especially in 2009. They also developed Zynga Poker, in line with what players can find on the casino website: Bitcoin Silver. As NFT and games are closely related in the crypto world, Zynga plans to release its first NFT game.

The company’s aim is to connect the world through its games and it has managed to demonstrate this by specializing in mobile games. Zynga also has a web version of the game. For ease of use, the company became the first gambling site to accept Bitcoin (BTC).

Additionally, the company has partnered with Binance, a popular cryptocurrency exchange platform. This allows players to use cryptocurrencies that work well with their digital assets and games.

Mobile gaming giant Zynga develops games based on NFT

In November 2021, Zynga named former Electronic Arts executive Matt Wolf as Vice President of Blockchain Gaming. In cooperation with Zynga, the company is preparing to develop games that will run on blockchain technology and using NFT.

Now Zynga is on track to develop games that leverage the transparency and security of blockchain technology to create their own NFT games. That way, their old players can continue to take over the games they play while continuing to enjoy the same classic gameplay that they offer.

Currently, the team plans to increase its blockchain staff from 15 to 100 by the end of the year. The company’s growth will also include more partnerships and potential acquisitions will be announced near the end of the second quarter of this year. With this in mind, the company believes that its next steps will allow players to play their game for a win when they enter the Web3 space.

So far, no one knows if this game will be released or not before the company, under the Take-Two Interactive umbrella, announced that it had acquired Zynga for $12.7 billion.

There are no clear details yet on what the new NFT game will look like, but it is said to be similar to their old game, Mafia Wars.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.