As announced earlier this month, renowned game company Konami has auctioned off 14 digital artworks based on the classic Castlevania game, released to commemorate the 35th anniversary of the Castlevania franchise. Konami Memorial NFT Collection.
NFTs are unique, non-fungible units of data stored on the blockchain that allows users to acquire, buy and sell digital items, such as in-game items or artwork. At present, the entire Konami Memorial Collection has been sold on the OpenSea marketplace, and the average price of NFT artwork is about $12,000.
The most expensive item in the NFT collection is an artwork based on the Dracula Castle map from the original Castlevania game, which sold for $26,538.96. Another NFT collection is a 3-minute video clip from various Castlevania content, priced at $17,518. A collection of Castlevania Moonwheels also sold for over $17,000.
Konami said that as part of the sale, those who purchase NFT holdings will have their custom attribution listed on its NFT website for 10 months. OpenSea takes a 2.5% commission on every transaction on its website, which means Konami could earn more than $157,000 from auctions. This number will likely grow over time, as the company can also set and earn a 10% royalty on each future NFT sale.
Konami said that the Castlevania series of NFT projects is only the first NFT project it plans and that the company will definitely launch more NFT projects after the huge gains in the first auction. Many other game companies have also started selling digital props in the form of NFTs, such as Ubisoft, although this has also drawn criticism from some for the exorbitant carbon footprint of this form. Square has also shown unprecedented enthusiasm for NFTs.