Discord To Integrate NFTs? NFT Marketplace May be Expanding

Discord has given some hints of NFT integration since the beginning of the NFT craze. A Discord survey from August went viral and stirred up the social networks.

The survey focuses on getting users’ insights in NFTs.

Although there is no statement on NFT integration of Discord, people started talking about whether Discord would enter the lucrative space like other tech giants.

Initial Hints From Discord

Among other questions about participants’ knowledge of NFT and Web 3, Discord’s survey also included open-ended questions about their favorite cryptocurrencies and asked them to point out which crypto-related issues Discord could help to solve.

According to a Discord representative, the objective of this survey is merely to discover and to get to know users’ engagement in the crypto community.

“We’re always exploring and hacking away at things we think will improve Discord for all the communities we serve,” a Discord spokesperson told The Verge. “This includes research that helps us learn about what people want,” the spokesperson shared with The Verge.

So a Discord server integrated with NFT-related technology is still far from reality. But it doesn’t mean the digital distribution platform won’t get its hands on the NFT market.

In response to Discord’s action talks around its intention, members, however, have different opinions.

The NFT ecosystem’s ongoing problems including carbon emissions, money laundering, and uncertainties are the main reasons that push the gaming community away from Discord’s NFT implementation.

Some users showed negative views on the update and warned to cancel their Nitro subscription. One user even posted screenshots showing their Nitro unsubscription.

Furthermore, the backlash also resulted in many users terminating subscriptions to Discord Nitro, the platform’s premium service that costs $4.99 per month and $49.99 for a year.

Even if Discord hasn’t yet established its own NFT, it’s probable that the platform is planning or at the very least considering alternative blockchain-based applications in the future.

After reading a Substack blog post highlighting Discord’s potential as an NFT or Web3 platform, Discord CEO Jason Citron responded by tweeting an image of a Discord crypto wallet identity that was unknown at the time.

probably nothing pic.twitter.com/p4P6MoNGgd

— Jason Citron (@jasoncitron) November 8, 2021

NFTs: Dusk To Dawn

In a conference call on Tuesday, Brian Amstrong shared his view about the digital asset’s future, the Coinbase CEO stated that the NFT marketplace has the potential to grow much larger than the bitcoin sector.

Coinbase is one of the most notable names that has joined the NFT race with its own marketplace – Coinbase NFT. The platform will compete with OpenSea and Rarible, as well as other exchanges that are investing in NFTs like Binance, Gemini and FTX.

Back in the early days of NFT, the most prevalent type of operation was NFT games based on a fairly simple mechanism.

Initially, they primarily have Idle Game gameplay, in which the characters battle according to pre-calculated mechanisms and algorithms with random variables.

Even the NFT game genres were still very limited at the time, while the graphics were not particularly impressive and frequently made little faults that were enough to cause barriers among players.

However, as technology in general and the blockchain platform in particular advance, things are rapidly changing. NFTs have evolved and are now comparable to regular games, having expanded into a number of different industries like music, art, and film.

Following the rise of NFTs in the crypto world, the number of NFT marketplaces has expanded in recent months. Most developers should now concentrate on building functionality on NFT minting systems.

Platforms such as Ethereum, Flow, Tezos, NEAR, and others now provide an interface for creators to validate rarity, auction mechanism, and royalty rates from secondary purchases. NFT supplies are increasing as a result of simple-to-use revolutionary tools.

In other words, rather than focusing on better, easier ways to make NFTs, people are exploring innovative ways to broaden the use of NFTs. The rise of NFTs transformed the digitization era and, by extension, the world we live in.

Source: https://blockonomi.com/discord-to-integrate-nfts/