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NFT game “THE PIT” launches as differentiator in crowded NFT market – with backing from London listed VC firms

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THE PIT, a play-to-win NFT game developed by VC backed Kodoku Studios, is set to launch on 3rd December 2021. The game will bring NFT ownership and engagement into a new realm, going above and beyond current trends revolving around pixilated JPEG images exhibiting bubble like characteristics.

THE PIT NFTs will provide digital asset and gaming enthusiasts the opportunity to truly own their in-game avatar, with blockchain technology providing an entirely transparent ownership and gaming experience. The NFTs will partake in unpredictable, simulated, and decentralised programmatic “play-to-win” combat games of chance, that will lead to either a rise or fall in the value of each NFT.

Unlike the growing variety of play-to-earn games out there, the play-to-win environment of THE PIT offers players the opportunity to be a real winner, along with the fame and fortune befitting such status.

Hewie Rattray, Founder of THE PIT, said:

“NFTs are set to be an integral part of everyday life as they become an increasingly popular leisure pursuit. By combining NFTs and gaming with the launch of THE PIT and building it with the transparency that blockchain technology affords, we are bringing gaming experiences into the 21st Century. This development is a natural progression towards all the promise that the Metaverse brings, where crypto, NFTs and gaming will enter a new paradigm.”

This novel new way for people to have direct ownership of a unique gaming avatar will not only provide them with an engaging experience, but allow them to freely trade their NFT, for instance on the well-known NFT exchange OpenSea. THE PIT’s gaming schedule, which starts in December 2021, will involve regular battles and allow the NFT owners to earn crypto rewards tokens.

THE PIT has been developed by Kodoku Studios, with the backing of major VC firms NFT Investments and Pioneer Media, both leaders in the digital assets space and listed on London’s Aquis exchange.

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Blockchain

Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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