💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Japanese Media Powerhouse Mixi Chooses Flow Blockchain to Launch New Games and NFTs

Published 11/08/2021, 10:06 AM
Updated 11/08/2021, 10:31 AM
Japanese Media Powerhouse Mixi Chooses Flow Blockchain to Launch New Games and NFTs

Media powerhouse mixi, Inc. today announced plans to launch NFT experiences for consumers across Japan on Flow, a next-generation blockchain designed for consumer-friendly applications. The announcement was made locally in Japan with Dapper Labs and Flow confirming the market-leader will be coming to Flow.

Japanese media powerhouse mixi chooses Flow blockchain to launch new games and NFTs (CNW Group/Dapper Labs, Inc.)

Known for their adept entertainment and sports offerings including the social network mixi, the mobile game Monster Strike, which has grossed more than $9 billion since its launch in 2013, and their most recent release TIPSTAR, a sports betting service, mixi is now turning to blockchain to transform the way its consumers interact with its digital content.

"mixi is one of the most innovative companies with a track-record of being best in market on new technology platforms, bringing some of the biggest and most successful digital entertainment and sports experiences to fans across Japan," said Roham Gharegozlou, CEO of Dapper Labs.

"They continue to be pioneers on new game-changing platforms, and we're excited they've chosen Flow to bring their epic NFT strategy to life. We are amped to be partnering with mixi on what we see as a huge opportunity and awesome journey ahead." Through the partnership, mixi will develop innovative new products that will live on Flow while leveraging the Dapper Labs team’s operational know-how and development support. Having created the NFT standard ERC-721, Dapper Labs is the company behind CryptoKitties and NBA Top Shot, the biggest success in the NFT market with cumulative sales exceeding 800 million dollars.

"NBA Top Shot on Flow delivers the first NFT collectible experience that drives consumer adoption and is traded on a large scale," said Koki Kimura, President and Representative Director of mixi.

"Dapper Labs' creativity in design and functionality is so outstanding that it almost inspires a sense of jealousy. In the U.S., they have already become a major presence in the sports economy. We hope to bring that same energy into the Japanese NFT market by transforming a variety of entertainment and sports contents into digital assets." mixi aims to offer superior communication services for friends and family, such as the social network mixi and the smartphone game Monster Strike. mixi has focused on business growth in the next-gen entertainment and sports industries in order to pursue the medium-term policy adopted last year of “enriching global communication through the combination of entertainment with technology”. Its most recent notable release is TIPSTAR, a social sports betting service.

Information provided by FinancialNewsMedia.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.