NCSoft shares are up 30% after the company announced plans to enter the NFT gaming and cryptocurrency market. According to the company, games with NFT will be released in 2022.
According to NCSoft CEO Hong Won-jun, the games with NFTs will be released in MMORPG format and with a release period for the second quarter of 2022.
The games will be in the play-to-earn (P2E) model. In this type of model, players are rewarded by playing and can purchase cryptocurrencies to buy NFTs or keep them for themselves. The company plans to create its own tokens to reward players.
With that, rumors started that NCSoft would be adapting some of the Lineage games with NFT economy. Which gained momentum as Hong confirmed that NCSoft will be able to extend P2E to games already developed by the company.
After suffering the failure of Blade & Soul 2, a game that made NCSoft lose US$ 3,7 billion, plans for blockchain games have accelerated and are expected to be revealed in early 2022.
Is there a Lineage NFT coming? What do you think? Leave a comment.