Animoca brands subsidiary nWay has launched a play-to-earn game inspired by the Olympic games. The Olympic Games Jam: Beijing 2022 was officially licensed by the International Olympic Committee to use non-fungible tokens (NFTs) and was launched a day before last Saturday’s Beijing opening ceremony.
The game’s structure is a multiplayer format where players can compete in digital winter sports to earn Olympic digital pins minted as non-fungible tokens (NFTs), which differ in rarity from Common to Legendary. Users can also personalize their avatars on the platform.
Gameplay requires “tickets”, which are “attached” to the NFT pins, which each have a finite number of tickets. Owning a pin at the start accelerates gameplay. However, without a pin, users can participate in Free Matches to work their way towards earning a pin and from there start participating in the competition. Besides winning digital events, collectors can also directly purchase digital pins through assorted boxes on nWay’s website or on the platform’s secondary marketplace.
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