{"id":12313,"date":"2022-07-19T23:20:54","date_gmt":"2022-07-19T23:20:54","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/can-a-major-esports-network-convert-nfts-biggest-detractors\/"},"modified":"2022-07-19T23:21:16","modified_gmt":"2022-07-19T23:21:16","slug":"can-a-major-esports-network-convert-nfts-biggest-detractors","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/can-a-major-esports-network-convert-nfts-biggest-detractors\/","title":{"rendered":"Can a Major Esports Network Convert NFTs\u2019 Biggest Detractors?"},"content":{"rendered":"
\n

There\u2019s far more to NFTs than the generative PFP projects you may stumble upon while scrolling through social media. But for many, the conventional conception of what NFTs are is rooted in a field far removed from the arts: play-to-earn (P2E) games.<\/p>\n

This is especially true in Asian countries, where P2E experiences like the beleaguered Axie Infinity reigned supreme in a recent analysis done by CashNetUSA gauging the most popular NFTs in the world by region. Enter TechStorm \u2060\u2014 a Singapore-based digital esports media network that aims to function as a regional hub for Web3, fostering collaborations ranging from gamefi (gaming and decentralized finance), NFT drops, DAO formation, and more, according to a recent press release.<\/p>\n

Asia\u2019s budding NFT market<\/h2>\n

To build up Asia\u2019s Web3 services, location is critical. CashNetUSA\u2019s analysis identified Singapore as the single most interested country in NFTs according to aggregated user search history. With this move, TechStorm hopes to foster a broader consumer acceptance of NFTs \u2014 and Web3 as a whole \u2014 for a group that\u2019s been one of its biggest detractors: gamers.<\/p>\n

Aside from fostering NFT acceptance amongst their core audience, TechStorm is also hoping to cash in on the growing popularity of all things non-fungible in the East. Due to their geographic location, they\u2019re also uniquely positioned to serve their neighboring Southeast Asian markets, which include Indonesia and the Philippines. This is significant because both countries are among the biggest NFT markets in Asia, just like Singapore.<\/p>\n

\u201cWe have spotted a massive market opportunity with first-timers looking to access the rapidly booming, non-curated NFT marketplaces such as OpenSea,\u201d said TechStorm founder Debbie Lee, in the press release. \u201cOur aim is to help them navigate the NFT space and enable increased selectivity by amassing unique projects endorsed for their strong consumer value proposition.\u201d<\/p>\n

\u201cThis is a great avenue to introduce the world of NFTs and Gamefi titles to TechStorm\u2019s audience \u2014 a community of 92 million across 11 territories in Asia aged between 18-34 \u2014 who are eager to discover new NFT drops, Gamefi trends, and projects,\u201d she said.<\/p>\n

What TechStorm has in store<\/h2>\n

To that end, TechStorm plans to pack its upcoming Web3 \u201cmedia launchpad\u201d with \u201can all-Asian slate of specially curated projects designed by the Gamefi and Asian NFT creator community,\u201d according to Lee. This initial slew of projects will also include Affyn\u2019s Generation Zero Buddies \u2014 an NFT collection that serves as an entry point into Affyn\u2019s P2E metaverse experience NEXUS World.<\/p>\n

Following this launch, TechStorm will continue curating, with plans to feature Gamefi and NFT works within the Asian community through their upcoming content segment, \u201cThe Drop\u201d. Best known for its esports, gaming, and technology coverage, TechStorm believes its audience is more than ready to take the plunge into Web3. We\u2019ll have to wait and see if they buy in, or react negatively.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

There\u2019s far more to NFTs than the generative PFP projects you may stumble upon while scrolling through social media. But for many, the conventional conception of what NFTs are is rooted in a field far removed from the arts: play-to-earn (P2E) games. This is especially true in Asian countries, where P2E experiences like the beleaguered […]<\/p>\n","protected":false},"author":1,"featured_media":12314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-12313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft"],"yoast_head":"\nCan a Major Esports Network Convert NFTs\u2019 Biggest Detractors? | NFT & Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/nft\/can-a-major-esports-network-convert-nfts-biggest-detractors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can a Major Esports Network Convert NFTs\u2019 Biggest Detractors? | NFT & Crypto News\" \/>\n<meta property=\"og:description\" content=\"There\u2019s far more to NFTs than the generative PFP projects you may stumble upon while scrolling through social media. 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