There's more to NFTs than just the dynamic PFP projects you might stumble across when browsing social media. For many, the traditional view of NFTs is rooted in a discipline very different from the realm of arts: play-to-earn (P2E) games.
This is particularly true for Asian countries, where P2E games like the struggling Axie Infinity were the most popular in the recent study conducted by CashNetUSA that analyzed the top sought-after NFTs according to region.
Then there's TechStorm, a Singapore-based digital esports platform that intends to act as an international hub on Web3, which will facilitate collaborations ranging from gamesfi (gaming along with decentralized financing) droppings of NFTs DAO formation, and other things, according to the latest press release.
Asia's burgeoning NFT market
To develop Asia's Web3 services, the geographical location is crucial. CashNetUSA's analysis found Singapore as the most fascinating country for NFTs, per aggregated user search data.
By introducing this feature, TechStorm hopes to promote a greater acceptance by consumers of NFTs and Web3 in general, especially for a group among its biggest critics: gamers.
In addition to fostering NFT acceptance among their primary users, TechStorm hopes to capitalize on the rising interest in all things non-fungible within the East.
Because of their geographical location is also an excellent opportunity to provide services to their neighbors in Southeast Asian markets, including Indonesia and the Philippines. This is important as both countries are the top NFT markets in Asia, as is Singapore.
"We have discovered a huge market opportunity for first-time buyers looking to take advantage of the rapidly expanding and non-curated NFT marketplaces, such as OpenSea," said TechStorm founder Debbie Lee in the press announcement.
"Our goal is to assist users navigate the NFT market and provide greater selection by accumulating exclusive projects that have been endorsed by their high-quality consumer value."
"This is a fantastic opportunity to present new worlds of NFTs and Gamefi games to TechStorm's readers which is over 92 million in 11 countries located in Asia aged between 18 and 34and who are eager to learn about new NFT releases, Gamefi trends, and projects," she said.
What TechStorm is bringing
To achieve this, TechStorm plans to pack its forthcoming Web3 "media launchpad" with "an all-Asian collection of specially-curated projects created for people from the Gamefi as well as the Asian NFT creators," according to Lee.
The first batch of offerings will additionally contain the work of Affyn's Generation Zero Buddies -an NFT collection that acts as an entry point to Affyn's P2E-based metaverse, the NEXUS World.
In the wake of the announcement, TechStorm will continue curating the content and plans to include Gamefi. NFT is working with the Asian community via their upcoming content segment, "The Drop."
The site is known for its gaming, esports, and technology content; TechStorm believes its audience is ready to jump into Web3. We'll have to wait to see if they are willing to take the plunge or be opposed to it.
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