Non-fungible tokens have taken over the world by storm. There have been many gaming companies that offer NFTs in their gameplay. Axie Infinity and Gods Unchained are the most famous examples of NFT based play-to-earn games.
Jumping on this NFT bandwagon is the International Olympic Committee, which organizes the Olympic Games.
Olympic Games Jam: Beijing 2022
Olympic Games Jam: Beijing 2022 is an officially licensed mobile play-to-earn game. It is a multiplayer game where players compete in a series of winter sports to collect Olympic NFT digital pins.
During the Beijing 2022 Winter Olympic Games, a number of Chinese corporate partners have developed non-fungible token (NFT) collections, which are non-transferable digital assets housed on a blockchain, a move that analysts believe would improve the industry’s appeal.
On Saturday, Alibaba Group, a global partner of the IOC, unveiled a limited NFT collection of Beijing 2022 Winter Olympic Games cloud emblems.
The beautiful graphic art and design of prior Olympic Games are reflected in the NFT Olympic Pins. The image of posters, emblems, pictograms, and mascots from 125 years of modern Olympic Games, are reflected in the NFT Olympic Pins.
Features of the mobile game.
The mobile game is based on Winter Olympics and contains arcade-styled winter sports. The collection currently features four sports: short track speed skating, figure skating, freestyle skiing, and snowboard slopestyle.
The players can perform tricks and get rewards in the games such as Snowboard Cross, Slopestyle, and Skeleton, in which players may weave their way to the front of the pack, pull beautiful tricks and collect power-ups. The power-ups include high speed, tighter control, or stronger resistance to hazards.
A series of randomized Olympic events will pit dozens of players against one another, with the winner receiving Olympic NFT pins. Players can also wholly alter their avatars’ appearances to express their personalities and distinct styles in the competition.
The NFT pins are collectible and tradeable digital pins in a digital format. The firm that created the game, nWayPlay (built on Flow blockchain), designed and sells these NFT pins.
There are 3 ways to get yourself an Olympic pin.
An Olympic medal is too challenging to get, but an NFT Olympic pin needs some effort or/ and money. There are three ways in which you can get yourself a pin-
- Play the video game and win the pins as mentioned above.
- You can directly purchase the NFT from nWayPlay marketplace (official IOC NFT platform).
- You can also purchase specific pins related to specific Olympic events/ games from other collectors on the nWayPlay platform as inter trade is allowed.
Owning an NFT pin will unlock higher tier features of a particular game and will give the player an advantage over the others. The higher levels can be unlocked with these pins, and these levels come with greater rewards and exclusive character skins.
Others to look out for-
On January 25, ANTA, a Chinese Olympic Committee official partner, published two NFT goods related to the Chinese delegation’s clothing during the Beijing Winter Olympics. These digital collectibles have a 500-piece limit.
In a statement released by Alibaba Group to the Global Times, the giant mentioned the traceability of the NFTs. “It is hoped that the collection will pique people’s interest in exploring the virtual world,” they further added.
Well, let the journey to the Olympics begin!