Debit cards and PayPal are also now accepted on the PlayMining GameFi platform, along with their native token, DEAPcoin (DEP).
Blockchain games are growing in popularity, but there is still a lot of confusion among outliers as to how to get into the scene. Often known as ‘GameFi’ for their ability to reward players with cryptocurrency, blockchain games generally require a working knowledge about how to transact cryptocurrency to get started.
Well, not anymore. The popular PlayMining GameFi platform now accepts legal tender payments via credit, debit or PayPal for official store purchases on its NFT marketplace and within the platform’s NFT games. The platform’s official token, DEAPcoin ($DEP), is also still supported — giving players who earn DEP in their games a means to purchase more NFTs without breaking out their credit card for a second payment.
The PlayMining NFT marketplace sells utility NFTs for all of the games on the PlayMining platform, as well as art NFTs from some of the most popular creators in the Japanese video game, manga and anime industries. For example, users can now use legal tender to buy a character NFT for the popular Job Tribes game or a colorable avatar NFT for the game Graffiti Racer.
Kozo Yamada, the co-founder and co-CEO of PlayMining operating company Digital Entertainment Asset (DEA), said that the move to introduce legal tender payments will help create an environment in which people can easily get started with blockchain games, even if they are new to the space. He said that the uncommonness of fiat on-ramps for NFT marketplaces has hindered the adoption of blockchain games in some respects, and he hopes that by offering fiat payments PlayMining will be able to contribute to the mass adoption of GameFi.
Kicking Off a Second Year of GameFi in Japan
While DEA is based in Singapore, they have a very strong community in Japan. In fact, their DEP token was Japan’s first officially approved Play-to-Earn (P2E) cryptocurrency. The launch of fiat payments on PlayMining coincides with the one-year anniversary of DEP listing on the Japanese crypto exchange, an event they are commemorating with a series of events and promotions as part of the ‘DEP Anniversary Festival’.
Until February 8, anyone who purchases NFTs with PayPal, credit or debit will receive an airdropped rebate of 30% of the NFT’s DEP price, and they will also be entered into a raffle draw for a chance to win up to 100,000 DEP (worth over US$500 as of the time of this writing). In addition, anyone who tweets about the campaign with the #DEPAnnivFes hashtag will have a chance to win 10,000 DEP. Between both promotions, a total prize pool of over 1.3 million DEP will be divvied up among 150 lucky winners.
The PlayMining NFT Marketplace will be hosting a special sale on JobTribes NFTs until February 8, as well as a new 15 percent APR DEP staking option. In addition, the PlayMining platform will soon be hosting a PlayMining Olympians competition, which will see community-nominated participants competing in PlayMining games to prove who is the top player on the platform.
Please see the PlayMining Medium page for more information about the DEP Anniversary Festival events.
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