Developers, hackers and gamers gathered in Hong Kong to discuss the usability of non-fungible tokens (NFTs) and the ability to tokenise the gaming industry with blockchain.
Kenetic co-founder and managing director Jehan Chu said the conference was less about the technology and more about the endless possibilities in the space.
“When you walk out of this group we will have pushed forward the evolution of NFTs and indeed the entire space of tokenisation a full mark,” said Chu.
Kenetic is a blockchain firm committed to expanding the development and adoption of blockchain platforms through investments, advisory services, community, and technology.
“It’s not just about trade, it’s not just about business or investments, it is really about imagination and what can come from this very, very exciting zero-to-one type of space,” said Chu.
GamerTokens Advisor Matt Condon said the reason NFTs are a beneficial technology is not just because of the opportunity for open secondhand markets, but the ecosystems themselves.
“One of the biggest parts of NFTs is the ecosystem associated with it. If you don’t have the ecosystem, it’s just a technology,” said Condon.
NIFTY is a three-day hackathon and conference bringing together over 600 developers, investors, entrepreneurs, and game studios in Hong Kong to discuss NFTs and blockchain gaming.
Hong Kong will see an influx of gaming, international investors and blockchain startups this week as part of the NIFTY Blockchain and Hackathon launching tomorrow evening.
Co-founder and managing partner at Kenetic Jehan Chu said the non-fungible tokens (NFTs) were a completely unique asset class, and represented the next generation of value for blockchain.“They represent an entirely new asset class and a quantum leap in how we quantify and interact with the world around us in a decentralised way. Developers, investors and professionals should be actively engaging in this exciting new space,” said Chu.Click To Tweet
CEO of Decentraland Ari Meilich was thrilled to have to opportunity to host the first-ever Blockchain Games and NFTs Hackathon which will be running alongside the conference.
“As blockchain continues to revolutionise the gaming industry, we are eager to welcome hundreds of enthusiasts to discuss, debate and celebrate what’s next for this flourishing sector,” said Meilich.
Developers attending the Hackathon will have access to workshops focused on building blockchain-based games and have the opportunity to win prizes worth more than US$15,000.
CoinCast Media and Multiplier Crypto Business News will be broadcasting live from the NIFTY conference at Cyberport on July 24 and 26.