Flow partners with nWayPlay to launch NFT for the Beijing 2022 Winter Olympics

Blockchain platform Flow has announced a partnership with nWayPlay to launch the newest edition of NFT for the 2022 Winter Olympics in Beijing.

nWayPlay Launches NFT Trading Market

nWay, a subsidiary of Animoca Brands has formally launched nWayPlay.com a home page for accredited NFT Olympic Pins. Collectors can buy NFT Olympic Pins goods on nWayPlay.com beginning June 22, then can start trading on the private market from June 29.

nWayPlay.com is a decentralized market for players and collectors to purchase and sell several NFTs based on major brands. Various games on nWayPlay’s platform — such as real time Olympic-themed aggressive video game to be launched before this Olympic Winter Games in Beijing 2022 — and are powered by Flow Blockchain.

Flow plays a strategic role in building NFT

Flow is a Proof-of-Stake (PoS) blockchain and will guarantee not to consume the huge quantity of power that Proof-of-Work (PoW) blockchains such as Ethereum and Bitcoin are consuming.

Through Flow, collectors and fans can buy NFTs with low trade costs and broad accessibility. NFT Olympic Pins are part of the Olympic Heritage Collection. It is a sort of artistic memorabilia for the Olympic Games and reflects the world’s biggest sporting event through picture products, like posters, logos, figurines and mascots of the Olympic Games. Olympic Games for the last 125 years. NFT Olympic Pins are an electronic version of the collectable and tradable Olympic Pins that will have different properties typically associated with credibility, lack, and provenance, which makes them things. of real collectors.

According to Taehoon Kim, CEO of nWay, “Today marks the beginning of a new Olympic-themed digital entertainment experience that includes NFT Olympic Pins and the massively multiplayer video games we play. I am developing as part of a new licensing agreement with the International Olympic Committee. We built nWayPlay on top of the Flow Blockchain, the same platform used by NBA Top Shot, as its energy consumption associated with NFTs is significantly lower than Proof of Work alternatives.”

How for NFT Olympic Pins?

Collectors can get exclusive and officially accredited NFT Olympic Pins in three ways. The first is by buying the boxes on nWayPlay.com, the next is by purchasing directly from other collectors on the nWayPlay Marketplace. Finally, by engaging in a real-time Olympic-themed aggressive video game attached to nWayPlay and launched before this 2022 Olympic Winter Games in Beijing.