News Profit's Takes

2Crazy Integrates NFTs Into Revolutionary Platform

On June 7th, the revolutionary gaming program 2Crazy announced it will be integrating NFTs into the organization’s esports platform. As a result, 2Crazy unveiled the 2CrazyNFT.

An auction will be held on the platform that will allow users to purchase items using $2CRAZY tokens. If you win the auction, the NFT that is “tied to the player” becomes yours, meaning you can use it to go up against some of the biggest names in the world of gaming. Users can also trade or sell their NFTs to other people that utilize the 2Crazy platform.

NFTs are non-fungible tokens. They work on blockchains, similarly to Bitcoin. However, the difference between the two is each bitcoin can be exchanged for another bitcoin, but one NFT cannot be exchanged for an identical NFT. They are used to mark ownership in a piece of digital media. This can apply to art, collectibles, and video games.

The Profit‘s Take:

Most gaming companies integrating NFTs right now are just doing it for the headline. Unfortunately that means most NFTs will have little to no value over the next few years.

(All information was provided by Yahoo! Finance and Gamepedia)

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