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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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FarmVille NFTs on the horizon? Zynga hires new VP for blockchain gaming

Zynga will work on integrating NFTs and blockchain into its existing portfolio in addition to developing new NFT-based games.

Nonfungible tokens (NFTs) scored another win with gaming giant Zynga’s announcement of the upcoming integration of NFTs and blockchain into the publisher’s portfolio.

San Francisco-based game developer Zynga, best known for its FarmVille and CSR Racing series, appointed marketing veteran Matt Wolf as its vice president to oversee the company’s blockchain gaming efforts.

With the addition of Wolf, Zynga will work on integrating NFTs and blockchain into its existing portfolio in addition to developing new NFT-based games. Zynga chief product officer Scott Koenigsberg noted that the company became an early adopter of emerging platforms and technologies with new releases on Snap Games, Google Nest and Amazon Alexa.

Remarking on the prominence of blockchain technology in the digital economy, Koenigsberg said that Wolf would help them reach a new addressable market through NFTs and explore new ownership possibilities for gamers.

Calling NFTs and blockchain technology as a natural next step in Zynga’s evolution, Matt Wolf praised Web3 token-based systems for enabling innovation and delivery of new forms of player value in gaming. “By creating an integrated experience that enables players to become owners in their gaming journey, our goal is to expand Zynga’s audience reach and drive stronger engagement and retention,” he added.

Related: NFTs and play-to-earn are future of gaming industry, says EA boss

The gaming industry has welcomed NFTs with open arms as they open new business models and revenue streams for developers, publishers and even content creators. EA boss Andrew Wilson claimed that collectible digital content would play a meaningful role in the company’s future.

Assassin’s Creed publisher Ubisoft is also exploring the potential of blockchain games following its participation in a funding round for NFT-based developer Animoca Brands.

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