Current Events > Konami made $26K for Castlevania pixel art NFT

(+) Yeah! (+)

Whether you love or hate NFTs in gaming, it seems some companies are intent on monopolising on this new trend.

One, in particular, is Konami, who decided to celebrate Castlevania's 35th anniversary with a special 'Konami NFT Memorial Collection' auction. It's now sold off all '14 unique artworks" which consisted of game scenes, BGMs and drawn visuals, and managed to bank $162,000 USD in total. The sale took place on OpenSea - a marketplace where NFT artwork goes for the average price of around $12k.

The highlight of the lot was the sale of a digital map (essentially just a JPEG) of Dracula's Castle (from the original Castlevania game) for $26k. Yeah, we're not joking... Konami can potentially bank even more, as it earns royalties of up to 10% whenever its NFTs are sold again in the future.

Interestingly, Konami will also celebrate the winners of this auction by listing the names of the original buyers on its website for 10 months. A few other amusing things include the fact that these NFTs may not necessarily increase in value, and they might not even have a future. Here's the full notice about this from Konami:

"Konami will only be responsible for granting the use of the NFT and purchaser benefits for the NFT and will not provide any guarantee for the NFT itself. (e.g. continuity, compatibility with other services.)"

https://www.nintendolife.com/news/2022/01/konami-sold-this-castlevania-pixel-art-for-over-usd26k-in-its-memorial-nft-auction

Good on Konami for celebrating the anniversaries of iconic franchises in style.

Konami fell off a long time ago.

Konami's IP would be better off in the hands of other developers and publishers.

This is basically a win-win for Konami though. The artwork already existed, they made a buttload of money, and for the low low price of nothing they will get a percentage of every future sale of this NFT. If it ends up being worth nothing, they still lose nothing

eston posted...

This is basically a win-win for Konami though. The artwork already existed, they made a buttload of money, and for the low low price of nothing they will get a percentage of every future sale of this NFT. If it ends up being worth nothing, they still lose nothing

Uh yeah no shit wussy. The problem is people are dumb enough to pay for this crap.

Remember lethal enforcers?

If morons want to spend their money on worthless trash, let them. Sucks for the last moron in the chain.

Hopefully it's just money laundering.