Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Animoca Brands partners with Konig to bring first-ever interoperable wheel NFTs to Torque Drift 2

Published 23/03/2023, 01:41 pm
Updated 23/03/2023, 02:00 pm
© Reuters.  Animoca Brands partners with Konig to bring first-ever interoperable wheel NFTs to Torque Drift 2

Animoca Brands Corporation Ltd has partnered with leading motorsport wheel brand Konig to introduce its first-ever interoperable wheel NFTs to Torque Drift 2 and other games in the Torque Motorsport games franchise.

Notably, the Konig-licensed NFTs for Torque Drift 2 will be interoperable in Torque Burnout and Torque Drift, the previous mobile titles developed by Animoca’s subsidiary Grease Monkey Games under the Torque Motorsport portfolio.

Interoperability is an important feature of blockchain gaming, as it allows players to have true ownership of their assets, giving them more flexibility and freedom in how they use their assets.

The first Konig-licensed NFT drop will feature eight of the company's most sought-after alloys, including the Hypergram, Dekagram and Ampliform, among others.

The collection is aimed at existing motorsport fans as well as people interested in the NFT market.

New ways to engage

Grease Monkey Games founder and CEO Arran Potter said: "We are honoured to partner with Konig to launch NFTs for Torque Drift 2 based on some of the best available wheels in the world of racing.

“The NFTs will offer our players a new way to engage with our games, and the interoperability across all our titles will allow players to own and use their NFTs in a variety of ways."

About Konig

For more than 40 years Konig has helped shape automotive tuning through its continuous support of automotive enthusiasts and the motorsport community, becoming one of the most recognisable wheel brands in the world.

As avid car enthusiasts, the Konig team understands the importance of using real data and feedback obtained from their sponsored race teams

Konig America president Scott Weiss said: "We're proud to stand at the forefront of automotive gaming as it pushes into the NFT world.

“Our collaboration with Grease Monkey Games and Animoca Brands allows automotive enthusiasts to interact with and experience the Konig brand and wheels in a digital environment that gives players true digital ownership and asset interoperability.

“We are thrilled to add those characteristics to the digital versions of our wheels, which are already some of the strongest, lightest, and most advanced on the market."

Read more on Proactive Investors AU

Disclaimer

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.