According to a recent job posting, the firm that created the wildly successful Nintendo video game franchise Pokémon may be investigating Web3 moves.
Online job postings from The Pokémon Company have recently included a number of NFTs, cryptocurrency, and metaverse-related positions. This might indicate that the corporation is attempting to enter the cryptocurrency markets.
Pokémon accepts cryptocurrency and NFTs
The Pokémon Company, a Japanese corporation, is the creator of the immensely popular Pokémon video game, which also incorporates trading cards.
The business was founded as early as 1998, and it chose the name Pokémon in 2000.
The Pokémon Company specifically oversees the global management of the Pokémon brand, licencing, marketing, trading card game, animated TV series, home entertainment, and official website in regions outside of Asia.
Due to the fact that NFTs are an ideal technology for facilitating the exchange of digital valuables, their application in conjunction with trading cards is more than conceivable.
For now, however, the Pokémon Company’s approach to the crypto and NFT markets seems to be merely an ambition, although there may already be some definite initiative behind it that is not yet publicly known.
The organisation is seeking individuals with expertise in locating, assessing, and carrying out beneficial investments as part of a long-term corporate growth plan.
In actuality, the individuals sought do not appear to be technical developers who are to be employed to produce something, but rather individuals who are to track current technologies and emerging trends in the entertainment sector, particularly in the gaming sector.
NFTs, the metaverse, and cryptocurrencies, on the other hand, are essentially a huge trend right now in the game industry.
Although there does not appear to be anything solid as of yet, the firm intends to develop other platforms in the future.
Candidates must have prior expertise in the fields of technology, gaming, media, or entertainment as well as strong business judgement. They must also have a thorough grasp of Web3, with a focus on blockchain, NFTs, and metaverse.
The issues with the cryptocurrency and NFT marketplaces
The crypto and NFT markets are still in the winter from a purely financial standpoint.
The crypto winter is still ongoing despite the fact that the downturn appears to have paused for a few months after the loud boom of 2021 and the severe bear market of 2022.
It suffices to recall that, following Silicon Valley Bank’s failure on Friday, the total market value of cryptocurrencies dropped from $1 trillion to $916 billion, before rising up beyond $1.070 billion yesterday.
The present amount is comparable to June of last year, although it is far lower than the peak of around 3 trillion in November 2021.
However, the amount of NFT trading now is a tiny portion of what it was in January 2022, when it peaked.
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Pokémon Company’s interest in these markets does not appear to be particularly surprising, given that they have seen a fairly dramatic decrease from the heights they achieved just over a year ago. But, there are many who feel that this crypto winter may be ending.
Nonetheless, the four-year cycle of Bitcoin is being closely followed by NFT markets and the crypto markets.
It is not at all implausible to think that the crypto winter may end in the coming months given that the second halving will occur in the spring of next year.
At this point, it is conceivable that The Pokémon Company is attempting to go a step ahead of the curve in order to eventually be well-prepared to take advantage of the next bull run.
