RedDeer.Games NFT
Image: RedDeer.Games

Polish company RedDeer.Games – publisher of Switch titles Gem Wizard Tactics, Sword & Bones and Cyber Protocol – has announced that it is entering the world of NFTs.

The company has set up a dedicated NFT department, led by RedDeer.Games' experienced games industry marketing chief Bartłomiej Kossakowski. This department will be supported by an "expert in intellectual property law, previously associated with companies such as The Walt Disney Company and Eurosport." RedDeer.Games adds that "further recruitments of qualified staff, dedicated to the development of NFT-based studio projects" will also take place.

Furthermore, RedDeer.Games has "signed a letter of intent" with a company that specialises in "blockchain, NFT, and DeFi (decentralized finance)." The 'parties' involved have "expressed their will to cooperate on the use of NFT for games published by RedDeer.Games in the play-to-earn model."

Michał M. Lisiecki, co-founder, and CEO of RedDeer.Games, adds:

The trend of producing games based on blockchain technology and non-fungible tokens is more and more common. At RedDeer.Games, the process of implementing NFT will start with simple forms such as trading on the OpenSea platform, to more advanced ones, such as the play-to-earn model, which allows players to earn. The next step will be to create an ecosystem that will allow users to make greater use of DeFi's capabilities and enjoy the transformation to web 3.0. It will all take some time, but "the future is now" and the NFT is a part of it.

The company is also about to seek additional investment, according to the press release published to address the NFT news:

The game development, publishing, and porting segments selected by RedDeer.Games have proved their worth. We intend to continue the adopted business model, expanding it ie. With the aforementioned development of the NFT department and expansion of competences in the production of AA | AAA category games. We are preparing to obtain funds for this purpose from the next private investment round pre-A. The roadshow will run from February 15 to March 31, 2022.

RedDeer.Games other Switch titles include Comic Coloring Book, Clumsy Rush, OMG Police, Nirvana Pilot Yume, Art Sqool, Brawl Chess, Under Leaves and Little Mouse's Encyclopedia.