The Pokemon Company Ventures into NFTs and Web3 Technology, Hiring Expert to Guide the Way

ChainPlay

•

one year ago

Share :

The Pokemon Company is reportedly making strides in exploring the world of NFTs and web3 technology with the recent news. According to a recent job posting, The Pokemon Company is looking for a veteran web3 expert for an upcoming shift towards NFT and metaverse technology projects.

Specifically, the company is looking to hire a Corporate Development Principal. The position’s responsibilities entail guiding the company's strategy and future innovations. As such, the position is a massive factor in determining the company’s long-term growth and direction

Web3 Expert

The job posting explicitly states that the ideal candidate must have a "deep knowledge and understanding of Web3, including blockchain technologies and NFT, and/or metaverse." The company is looking for a veteran in this field who is "deeply connected to a network of investors and entrepreneurs" in web3 and metaverse.

This hiring news suggests that The Pokemon Company is seriously considering venturing into the world of web3 and NFTs following the footsteps of giant gaming companies like Square Enix.

Pokemon’s latest release: Scarlet and Violet

Under its Pokemon IP, they have produced a series of dominant games centered around the collection of adorable creatures called Pokemon. Its in-game universe and mechanics make the perfect premise and setting for an NFT game universe with its collection-based creatures. It could be the perfect opportunity to build a reward-based economy around these creatures.

Pokemon-based NFTGames

Currency-released NFT games have sought to derive inspiration from this type of setting. Games such as Axie Infinity and Genopets have a similar premise of capturing creatures albeit with integrated in-game rewards and real-world value to the collectible creatures.

Axie Infinity creatures

However, the company's hesitation is understandable, given the failure of many NFT game projects that have tried to implement a similar "collection-based" creature-capturing game like Pokemon. 

Logan Paul’s CryptoZoo is a similar creature-based NFT game but has since received major controversies due to the mishandling of the project. The Pokemon Company understands that it needs a well-versed strategist to guide its entry into the world of digital collectibles.

If The Pokemon Company successfully enters the world of web3 and NFTs, it could potentially release an NFT game or any NFT-based project in the future. This could be a significant development for the NFT and web3 community, as it would be one of the most high-profile entertainment franchises to embrace the technology.

Final Thoughts

In conclusion, The Pokemon Company's hiring of a web3 expert is an exciting development for both the company and the entire NFT gaming community. It could lead to a game-changing project for the entertainment franchise and a significant step forward for the wider web3 and NFT industry.