SINGAPORE, April 25, 2023 (GLOBE NEWSWIRE) — Web3 entertainment company Digital entertainment resource (DEA) has announced the launch of the world’s first ‘Impact NFT’ on PlayMining GameFi platform. This new innovation from PlayMining allows players of Play-to-Earn (P2E) games to automatically donate a portion of their crypto earnings to a predetermined charity or person in need when an Impact NFT is used in-game.
“While increased social awareness has contributed to dramatic growth in the donation industry, the market remains skewed toward older generations who have more disposable income to donate,” said DEA founder and co-CEO Kozo Yamada. “We developed Impact NFTs to make donations more accessible to younger generations. Now they can contribute to social impact initiatives just by playing a game!”
Play Lucky Farmer to support a Lucky Farmer’s Community
The first Impact NFT available on the PlayMining NFT Marketplace enables players to Lucky farmer— a farm-themed coin-pusher P2E game on the PlayMining platform—to help support the community around a banana farm in the Philippines. Players who purchase and use Impact NFT in the game will have 20 percent of their crypto earnings automatically sent to the owner of the banana farm.
Players will also receive a personal video letter of thanks from the farmer, who goes by the nickname “DJhau”. DJhau has expressed his commitment to use the proceeds not only to support his family, but also to create employment and support economic activities in the local community.
DJhau turned to banana farming to support his family of 11 (including nine siblings) after his previous business went bankrupt during the COVID pandemic. After an extended period where his family consistently struggled to make ends meet, he sought outside support to help him keep the farm running. DEA recognized DJhau’s passionate desire to support both his family and community, and chose to dedicate PlayMining’s first Impact NFT to help DJhau achieve his goals.
GameFi-for-Good: Empowering people through games
DEA is actively involved in a number of social good activities, and was recently featured in a Investing.com article as a top Web3 innovator solving real-world problems. For example, PlayMining has organized a food drive to help a poor community in Indonesia and is collaborate on a game which motivates players to go out into the real world to help inspect aging public infrastructure in communities where local government is understaffed.
There are five P2E NFT games on the PlayMining GameFi platform—Job logs, Make burgers, Dragon Ramen, Graffiti Racer and Lucky farmer– all of which enable players to earn DEAPcoin ($DEP) tokens through games. DEP can be traded on popular exchanges such as OKX, Gate.io, Uniswap, Bitmart and Bitrue, or spent on PlayMining NFT and PlayMining NFT Premier marketplaces for cards and items that add new utility to the games on the platform.
‘Scholarship’ programs are available that help new players borrow NFTs to start playing, allowing them to earn DEP faster without any upfront investment. These scholarships have proven to be popular, especially in Southeast Asia (SEA), where some players are able to earn a full-time income just by playing games. Job Tribes in particular has helped more than 9,300 scholars earn over $4.7 million since December 2021.
To better support their community in SEA, an impoverished region where GameFi has exploded in popularity as a means of earning extra income, the DEA has collaboration with the area’s largest P2E gaming guild, YGG SEA. The partnership will see PlayMining’s entire game catalog onboard the yggsea.io gaming platform, allowing PlayMining to receive greater exposure and help more people in SEA.
DEA is also dedicated to supporting content creators. They have paid out over SG$9 million in royalties to both official and fan artists on the PlayMining NFT marketplace. Furthermore, third-party indie game studios that launch NFT games on PlayMining have access to the platform’s NFT marketplaces and development metaverse initiative – major benefits that help companies develop their own creative IPs.
“At DEA, we believe very strongly in embracing the power of Web3 technology to create opportunities for social impact,” said DEA’s other co-founder and co-CEO. Naohito Yoshida. “PlayMining has a community of over 2.7 million loyal supporters. We are completely dedicated to not only providing these fans with entertainment, but also empowering them in as many ways as we can.”
About Digital Entertainment Assets
Digital Entertainment Asset Pte. Ltd. (DEA) is a Singapore-based global Web3 entertainment company founded in August 2018. DEA is a developer of Play-to-Earn (P2E) games — also referred to as Play-and-Earn (P&E) games. DEA also operates the PlayMining gamefi platform, the NFT marketplace and the ‘Verse’ metaverse project as well as DEAPcoin ($DEP) – the first P&E token approved by the Financial Service Agency (FSA) in Japan. The team is led by two co-CEOs – Naohito Yoshida and Kozo Yamada – who together bring decades of experience in founding successful startups (with 3 IPOs), creating popular video games, producing web TV shows and demonstrating a deep understanding of NFT games .
About PlayMining
PlayMining is a GameFi and metaverse platform that empowers creators who would otherwise benefit very little in the traditional IP creation industry. The PlayMining platform is a new business model for content creation, with an NFT Marketplace powered by PlayMining DEAPcoin ($DEP), along with an NFT gaming and Metaverse platform. With both in-house games as well as third-party projects with their own native tokens that allow creators to capture much of the value they create, the PlayMining platform has 2.7 million users and a catalog of P&E game titles including Job Tribes, Cookin’ Burger, Menya Dragon Ramen , Graffiti Racer and Lucky Farmer, as well as the metaverse project Fujiwara Kamui Verse.
Official channels
PlayMining website: https://playmining.com
PlayMining Discord: https://discord.com/invite/xWeHGdt
PlayMining Twitter: https://twitter.com/PlayMining_SG
PlayMining Facebook: https://www.facebook.com/PlayMining/
PlayMining Medium: https://medium.com/playmining-game
PlayMining Youtube: https://www.youtube.com/channel/UCGWmK0RLV4SB_PSXpj2j6dw
DEA website: https://dea.sg
Impact of NFT sales: https://daa.playmining.com/market
Impact NFT information:
Media contact
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