Thursday, July 4, 2024

NFT Racing takes over the ‘Fast and the Furious’ writer!

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“The Fast and the Furious” writer David Ayer drifts Tokyo to Web3 with an NFT racing game. He’s partnered with Feature.io, an NFT-focused tech platform, to produce an immersive car racing experience called “Lollipop.” What can we expect from cooperation?

"The Fast and the Furious" Writer David Ayer is making an NFT racing game
Fans of “The Fast and the Furious” will be able to play an NFT racing game co-created by writer David Ayer
Image credit: MensXP

What do we know about Lollipop NFT Racing?

The project will run on the Layer 2 Polygon blockchain. It will combine “elements of casual broadcasting, gaming and professional sports”. This approach fits with what Feature.io CEO Stephen Ellos believes is the future of media entertainment.

While we don’t know exactly how NFTs will play into things, Ilous sees Lollipop as an opportunity “To create next-generation content that is designed for how audiences consume content today.” The game will be built on Unreal Engine 5 and is supposed to feature the high-powered cars, death-defying stunts, and awesome explosions that made “The Fast and the Furious” a worldwide phenomenon.

Eyre stated, “I’m excited to be working with the team at Polygon on ‘Lollipop’. As a filmmaker, I’ve always been interested in exploring new forms of storytelling and entertainment, and blockchain games are the perfect opportunity to do just that. I can’t wait for players to experience the thrill of racing in this innovative new game.” .

Feature.io team has not announced the release date of the game.

Feature.io is collaborating with David Ayer to create an NFT racing game called Lollipop
Feature.io is collaborating with David Ayer to create an NFT racing game called Lollipop
Image credit: Feature.io

NFTs or digital collectibles?

Ayer and Ilous made sure to use the term “digital collectibles” in favor of non-fungible tokens, or NFTs. Their goal is to appeal to a wider audience, and some people still hate NFTs. For whatever reason, this demographic of people is more willing to buy NFTs if they are classified as “digital collectibles” instead.

Although there are not many details available about the game yet, we can safely assume that players will be collecting in-game assets such as NFTs. From there, they will presumably trade, buy, and sell items using Polygon’s Ethereum scaling solution at near zero cost. Polygon president Ryan White is also excited about the project. he named it, “Truly Leading” In a recent interview.

Are NFT Games the Next Big Thing?

Many people bet on blockchain games. In 2021, investors put $3.7 billion in metaverse and blockchain gaming projects. That number nearly doubled to $7.6 billion in 2022. So far, 2023 is off to a good start with over $500 million invested in the sector during a down year for the markets.

Graph showing investments in Metaverse and Blockchain Games by year
This year is off to a good start with more than $500 million invested in blockchain games and metaverse projects
Image credit: Dapradar

Many mega projects are building games now targeting NFT players. Yuga Labs is working on the Otherside, mega-YouTube influencer Dr Disrespect is dropping a first-person shooter game called “Deadrop” soon, and the highest-grossing Pokemon IP of all time is posting job ads for an experienced Web3 executive.

The future looks bright for blockchain gaming. It’s no surprise, then, that game developers are taking advantage of existing franchises to bring their fans to Web3. Dom Toretto, the hero of “The Fast and the Furious” series, once said, “I don’t have friends, I have a family.” By bringing David Ayer to Web3, it looks like our family just got a little stronger.

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All investment/financial opinions expressed by NFTevening.com are not recommendations.

This article is an educational material.

As always, do your research before making any type of investment.

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