Pulse
NON-FUNGIBLE TOKENS EVOLUTION - RED TIGER
Red Tiger: the first NFT integrated slot game
In September, Evolution's Red Tiger launched NFT
Megaways, a six-reel slot game set in a crypto pixelated world designed to be familiar to those who have followed the rise of NFTs. At the heart of the game are
CryptoPunks 914, 3008, 4701 and 8143 – characters created by Larva Labs and now owned by Evolution.
wanted to do something totally authentic, and we also view ourselves as a company that is on the leading edge of the industry. We like to lead the industry into tomorrow.
What are non-fungible tokens (NFTS)?
Todd Haushalter, Chief Product Officer, Evolution
Confused? Todd Haushalter, Chief Product Officer at Evolution, breaks down the game's concept into an easily digestible format and sets out why it was so important to be the first past the post with an NFT integrated slot game.
What is NFT Megaways?
It is the world’s first slot featuring non-fungible tokens (NFTs) as part of the slot. Tis area of crypto assets is becoming an increasingly important part of society, and we wanted to have some fun and participate in the crypto community by creating a game that featured NFTs.
Te particular NFTs that we purchased for use in this game are called CryptoPunks, which are the first NFTs on the Ethereum blockchain. Tey were incredibly expensive to purchase, but we
Basically, NFTs are crypto assets. Tey are one- of-a-kind, non-interchangeable units of data that have unique identifying codes. Te whole idea around them is to create a sense of scarcity; they can’t be exchanged, can’t be faked. You either own one or you don’t have one.
To be honest they can be almost anything digital – images, videos, music etc. But right now, the big thrill is around these types of digital art works, like these CryptoPunks. Tey’re becoming an increasingly popular way to trade on the Ethereum blockchain. Te market for them is reaching new heights and it’s not showing signs of slowing down any time soon.
What was the inspiration to create the first slot to integrate these tokens?
We always want to lead the industry. Tat’s important to us. We also think it’s important to do fun stuff that players recognise. It’s hard to be heard in an industry with so many slot releases. So, I was sitting around with a friend, who was explaining to me a while ago about what NFTs are, how big they’re becoming, how this is the future etc., and he floated the idea of incorporating NFTs into a slot.
At which time I asked him ‘What are the best and biggest, most famous NFTs out there?’ Tat’s when I learned about the CryptoPunks. When I saw them, I just fell in love. I loved the pixelated style of the CryptoPunks, and it seemed just perfect for a slot.
NEWSWIRE / INTERACTIVE / MARKET DATA P93
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