Blockchain Gaming coming to FTX.us

Time Stamp: February 22, 2022 10:07 AM
Source Node: 1182874

Based on job postings it looks like crypto exchange giant FTX.us is getting into blockchain gaming.

A search reveals a number of blockchain gaming based job postings, including this one for a Unity developer. There are also openings for C# programmers and software engineers. The new gaming unit at FTX.us is part of a $100 million initiative to bring more developers into the blockchain gaming ecosystem that uses NFTs and tokenomics to incentivize play.

FTX Blockchain Gaming Tweet

Back in November 2021 FTX announced they were partnering with Solana Ventures and Lightspeed Venture Partners to create a $100 million GameFi ecosystem fund. With these job postings it looks like FTX is wasting no time on making good use of those funds.

After NFTs became the breakout crypto use case in 2021 it appears that blockchain gaming, also called GameFi, could be the breakout case for 2022. Already major tech and finance players are dumping hundreds of millions of dollars into the development of new play-to-earn (P2E) blockchain based games.

The emergence of blockchain based games has even created some controversy in the industry as the traditional gaming publishers call GameFi a “scam” and a “house of cards” (sounds familiar, right?), while others claim that within several years GameFi will dominate the gaming ecosystem.

While FTX has had little to say on the matter officially, they have tweeted about an upcoming Spaces session on Twitter tomorrow, February 23, 2022 at 5:00pm. You can set a reminder here.

FTX Gaming Session

FTX US Inline

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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