The Pokémon Company seems to be considering stepping foot in the Web3 space. This rumor is based on the organization’s most recent posting for a Corporate Development Principal position.
A person with an in-depth understanding of Web3, including blockchain technology, NFTs, and/or metaverse, is required for the position. Job advertising also demonstrates the employer’s intention to promote progression and progress within the company.
With a new hire, The Pokémon Company looks into the potential of Web3.
The Pokémon Company has been a cooperative project between Game Freak, Creatures, and Nintendo for the past 24 years. It is a hugely successful entertainment company recognized for creating a variety of goods, including video games, trading cards, and animated TV episodes. Despite its enormous success, it appears that the business is thinking about extending its reach by joining the Web3 industry.
According to the job description for the Corporate Development Principal role, the successful applicant will be in charge of advising the organization’s leadership on strategy and looking into cutting-edge developments. They will also direct the creation of an internal “innovation challenge” and evaluate prospective collaborations with other firms that specialize in emerging technology. The job posting makes clear that the employer prefers applicants with solid ties to a community of investors and business owners in the Web3 and metaverse technology industries.
Is The Pokémon Corporation Entering the Battle Given the Growth of Web3 and NFTs?
The popularity of Web3 technology has increased significantly over the past several years, with blockchain-based projects and non-fungible tokens (NFTs) gaining substantial support. The blockchain allows for the trading of NFTs, which are unusual digital assets. New gaming models and features are made possible through them.
Developers have made an effort to replicate the franchise’s popularity in reaction to this trend. Likewise, several have attempted to apply the monster-battling element present in the Pokémon video game series and other related ideas into the Web3 environment, with different degrees of success. Even trademark litigation have resulted from certain attempts. It now appears that the company is thinking about entering the market.
Possibility of NFTs and blockchain-based gaming
Unknown at this time is The Pokémon Company’s approach to competing in the Web3 sphere. It is unclear whether they will explore NFTs or create a blockchain-based game. Nonetheless, it seems that they are eager to explore the opportunities provided by blockchain and metaverse technology. Both Pokémon enthusiasts should be encouraged by this development. especially given that it might eventually allow users to fight monsters on the blockchain.