Lotería has been a popular game in Mexico for centuries. And soon it will jump into the world of Crypto as well. Today, cryptocurrency exchange FTX and crypto gaming company Animoca Brands have announced plans to create an NFT-centric version of the game. It will be launched on the Solana blockchain.
The project, called NFT Lotería, will transform a bingo-like game into an NFT Snickerdoodle-powered experience. The blockchain tech company will develop NFT collectibles, which it plans to launch in early December only through FTX’s NFT marketplace, and via Animoca and Snickerdoodle. Will improve gameplay on NFTs in the coming months.
NFT Lotería will feature artwork from Spanish artists by Snickerdoodle. The images will be shared as examples of concept art that will inspire artists to create NFT, and the project is also accepting additional artists. The program will benefit a non-profit organization focused on educating and training Hispanic-American engineers. In particular, it focuses on promoting the development of blockchain. Non-profit organizations include the Hispanic Heritage Foundation, the Rising Tide Network, and the Latino Community Foundation.
“We see NFTs as stores of culture. And the culture is enriched when it meets other cultures,” Animoca Brands Executive Chairman Yat Sui said at the launch. “By highlighting Hispanic-American artists and the broader LatAm background, NFT Lotería not only creates opportunities for the Hispanic community. It also enriches the entire Web 3.0 ecosystem by offering a unique and diverse worldview and cultural element.”
Animoca Brands has become a major player in the crypto gaming industry not only as a publisher of its own games (like the upcoming The Sandbox) but also as an investor in projects such as Axie Infinity, Star Atlas and Aurory. The company raised $138.8 million this year from investors Coinbase Ventures and Samsung, valuing Animoca at $1 billion.
NFT acts like a provable hard-to-find digital item title deed. Although such technology is popular in areas such as profile pictures. digital illustration and video clips But it can also be used in blockchain-based video games. For example, Axie Infinity, the leading video game on Ethereum, has generated over $2.4 billion in NFT trading to date. This makes it the largest NFT project by that metric. Other current NFT games include the Sorare fantasy football experience and the Gods Unchained battle card. In addition to NFT Lotería, Solana will host other games. Upcoming such as Star Atlas and Aurory
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