Konami working with Ava Labs to build Resella NFT network on Avalanche

Japanese gaming company Konami is collaborating with Ava Labs to build its own Avalanche subnet. 

Called Resella – check out the Japanese website here – the new blockchain is described as an NFT-solution for developers looking to adopt blockchain technology for their platforms.

Although it doesn’t seem to be a gaming network per se, Resella will essentially enable both web2 and web3 developers to integrate NFTs and set up a marketplace in their apps. This includes third party developers.

Apart from games, the official announcement also mentions “social experiences” and “diverse services”. In addition, Konami hopes to add more utility to existing game NFTs which could potentially serve as event tickets or shop vouchers, and more.

Initially it will target the Japanese market, by facilitating transactions in Japanese Yen.

More details about Resella will be released on 5th July during Japanese crypto conference IVS Crypto 2024.

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