The Konami NFT auction generates over 0,000 in sales in one day

Geralt of Sanctuary

The Konami NFT auction generates over $160,000 in sales in one day

auction, Blockchain art, Castlevania, Computer art, Creative works, day, digital art, generates, Internet, Konami, Kotaku, NFT, NFTs, Non-fungible token, sales, Technology, video games

A pixel art map of Castlevania created as an NFT.

image: Konami / Kotaku

Konami has entered the NFT economy, currently also known as the hottest grift in the world. Yesterday, the publisher unveiled its “Konami Memorial NFT Collection” in an auction on OpenSea, selling 14 items created to celebrate the 35th anniversary of the Castlevania franchise. Somehow, someone decided to spend over $26,000 on a digital map of Dracula’s Castle from the original Castlevania.

As discovered by VGC, the entire collection is “sold out” around 3am EST on January 15th. Other articles about the “memorial collection‘ featured some Castlevania gameplay clips and virtual posters. Apparently someone spent over $17,000 on one of these gameplay montages. Independent, but here is a video of someone playing the entire original game which you can now watch for free on YouTube.

After the dust settled, the entire collection was auctioned off for a total of $162,000. Konami is likely to make more money from NFTs in the future, as the company can also earn up to a 10% royalty on each future sale of its NFTs. And Konami has more NFT plans after this Memorial Collection.

As a bonus for wasting your money on one of these Konami NFT items, the publisher plans to list the names of the original buyers on a special website for 10 months. Wonderful.

When browsing through the fine print of these NFTs, I found some interesting things. For one thing, minors are not allowed to purchase any of these NFTs. Another thing, Konami basically covers its ass and says it doesn’t guarantee that the NFT you bought will be on the market in the future, stating:

Konami is only responsible for providing NFT usage and buyer benefits for the NFT, and makes no warranty for the NFT itself. (e.g., continuity, compatibility with other services.)

Oh, and finally, Konami doesn’t guarantee that your NFT will increase in value. Forgiveness.

NFTs have quickly become a popular avenue Per Video game publishers and other businesses are trying to make a quick buck from selling worthless digital items as exclusive, limited NFTs backed by the magical blockchain that Tech Bros and NFT cultists say will solve all our problems and allow you to own digital items such as avatars, weapon skins, and music. Aside from the fact that people are already buying and selling these things without NFTs involved, there’s also the whole awkward thing that NFTs rely on servers and other technology just like all digital goods One day you might own a dead connection to an ugly monkey and left with nothing but regrets.

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