Games developer Nway has launched a play-to-earn, non-fungible token (NFT) party game based on the upcoming Olympic Winter Games in Beijing

Games developer Nway has launched a play-to-earn, non-fungible token (NFT) political party spunky based on the upcoming Olympic Winter Games inward Beijing.

Officially titled ‘Olympic Games Jam: Beijing 2022’ and highly-developed inwards continuative with the International Olympic Committee (IOC), the biz encourages players to take part inwards a serial publication of overwinter sports events to garner Olympic NFT digital pins. Players testament have got the chance to customise their avatars inwards games such as Snowboard Cross, Slopestyle and Skeleton.

The gritty is useable on both Android and iOS devices, with its discharge coming a day before the Opening Ceremony, on Fri 4 February.

Taehoon Kim, CEO, Nway, commented: “The Olympic Games are the world's largest feature celebration. We can't cerebrate of a better genre than political party games to receive everyone crossways different gaming skills mired for this planetary solemnization inwards a monolithic way.

“Nway has a running tape of creating high-quality multiplayer games, and making Olympic Games Jam: Beijing 2022 a play-to-earn form of address is going to let gamers and NFT collectors alike to non only when operate with the Olympic Games, but also have a piece of Olympic history.”

The developer claims at that place are three ways to garner Olympic NFT digital pins: firstly, through playing the arcade-style events inwards the spunky itself; secondly, by purchasing randomised packs on Nway’s website and thirdly, past purchasing pins directly from other collectors on the Nway marketplace.

The NFT securities industry has grown substantially in recent times, boosted past the debut of several high-profile individuals and organisations to the industry. Floyd Mayweather, Arsenal Football Club, Nintendo and GameStop experience all announced, or are expected to announce, their involvement inward NFT trading.

An NFT, dissimilar other forms of cryptocurrency, is non-interchangeable and completely unique to its owner. According to the Financial Times, the NFT market place reached a note value of $41bn inwards 2021.