FTX Launches Gaming Unit to Offer Crypto Services to Other Companies – Bitcoin News

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FTX is branching out into gaming. The company will reportedly launch a gaming unit that will be focused on offering crypto and NFT related services to gaming companies.

launch a gaming unit that will be focused on offering crypto-related services to traditional gaming companies. This would allow gaming companies to focus on development, leaving token launches and NFT commercialization to FTX.The company began hiring positions this month, seeking programmers with experience using Unity, a popular game engine. An FTX spokesperson commented on the issue, stating:We are launching FTX Gaming because we see games as an exciting use case for crypto.

with Solana Ventures and Lightspeed to establish a $100 million gaming fund last November, that has already funded Faraway, its first company, with $21 million.While cryptocurrency companies and some traditional gaming developers have been making moves to introduce token economies and NFTs into gaming experiences, the reception by some segments of the gaming community has been largely negative.

 

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