Reading Time: 2 minutes

Kinguin, the world’s first digital marketplace for gamers, has announced that it is bringing Non-Fungible Tokens (NFTs) to its marketplace for the very first time through a partnership with Bitcoin Vault (BTCV), a cryptocurrency trading platform. The partnership will see a selection of SkillzVault Ethereum NFTs available to purchase on Kinguin marketplace.

Bitcoin Vault is a cryptocurrency trading platform that provides an extra level of security based on a three-private-key security software – mobile GoldWallet, desktop Electrum Vault and the Key Generator app. As well as featuring all the standard Bitcoin aspects, the extra layer of features provides users with extra transparency and freedom to purchase products using cryptocurrency.

SkillzVault is a gaming talent show created in partnership between Bitcoin Vault (BTCV) and ESE Entertainment. The gaming talent show is running from July 28 to November 21 in five countries: Brazil, China, Japan, South Korea and Vietnam, with gamers taking part in one of the two fastest growing games in the industry – Peacekeepers Elite and PlayersUnknown Battleground Mobile (PUBGM). Viewers can also experience the excitement through SkillVaults’ Twitch profile and game.tv.

Kinguin users will be able to purchase three different types of static SkillzVault competition card NFTs exclusively through the Kinguin website using both cryptocurrency and fiat payment options. Each NFT represents one of the three heroes who feature in the SkillzVault gaming talent show, which includes a Japanese Samurai, a Brazilian footballer and a South Korean K-Pop star. Both Kinguin and Bitcoin Vault ensure each NFT sold is unchangeable and tamperproof.

Mateusz Mach, Director of NFT marketplace at Kinguin said: ‘We’re really excited to partner with Bitcoin Vault, bringing our customers the opportunity to purchase an exclusive set of NFTs for the first time in our history. We’ve progressively been introducing more cryptocurrency payment solutions to our platform and for some time now, we’ve been working towards providing our customers with NFT offerings. We’re looking forward to continuing our roll out of NFTs on Kinguin marketplace and will soon be revealing even more exciting, exclusive NFT partnerships.’

Piotr Kozłowski, Chief Growth Officer at Bitcoin Vault said: ‘Kinguin is a global marketplace that’s leading the way in its industry when it comes to integrating blockchain based solutions onto its platform, services that are becoming increasingly popular amongst the digitally native gaming community. Partnering with Kinguin’s marketplace will also provide gaming fans with the easiest, most convenient and safest way to purchase our SkillzVault NFTs.’

NFTs are verifiably unique (non-fungible), digital assets. The data of an NFT is stored on a digital ledger called a blockchain, meaning that the digital asset can be certified as unique and therefore, not interchangeable. NFTs have risen in popularity in the past year, with a range of types of NFTs being sold including digital art, videos and trading cards.