Wednesday, November 6, 2024
HomeNFTFTX Crypto exchange is all set to move into gaming universe

FTX Crypto exchange is all set to move into gaming universe

FTX crypto exchange declares to move into gaming platforms reported by Bloomberg. The company said that it will send off its gaming unit that will be centred around offering crypto-related to trading organisations, by acting as mediator. This will help gaming organisations to focus on the development of the games. FTX will uphold and oversee different organisations sending off leading tokens and NFT commercialization through its platform. Moreover, the report spreads out the insights regarding the new move by FTX :

FTX has effectively begun looking for developers with experience in utilising Unity, and a well-known game engine. An FTX sports person said that the trade is sending off FTX Gaming as they look at games as a thrilling and flourishing use case for cryptocurrencies. There are now more than 2 billion gamers who have played with advanced items and can likewise possess them. 

This isn’t the first time FTX has ventured into the gaming world. FTX joined Solana Venture, an investment firm, in November 2021. The Solana blockchain’s investing arm and Lightspeed, a venture capital firm, have announced the start of a collaborative Web3 gaming effort worth $100 million.

Vikas Jha
Vikas Jha
A prolific Writer cum Editor, Vikas holds more than four years of expertise in Business Journalism. Besides, he has had a brief stint as a News Curator with major educational website Shiksha.com. Born in 90s, he is a hardcore fan of everything 90s and loves to live in the nostalgia of 90s Indie pop songs and TV shows. In his leisure time, he can be found listening to his favourite singers Palash Sen, Lucky Ali, Shaan, KK and Sonu Nigam.
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