An In-Game Gun from Dissolution Sells for $2,400 - What's Next for Blockchain Gaming Digital Collectibles & Non Fungible Tokens (NFTs)?
by R.A. Rowell
In 2019 alone, the blockchain gaming world has been a news maker, especially thanks to the high-dollar sales of various NFT's (Non-Fungible Tokens) usable in actual gameplay. The Digital Collectibles Journal has commented on thousands of dollars worth of Ethereum changing hands for playable digital items in Crypto Space Commander and F1 Delta Racing. Now, another notable sale as been made, a $2,400 gun - a "God Tier" called the MAR-4 "Wrath of Seth." It comes from the Enjin-backed Steam shooter game Dissolution, as chronicled by the excellent blockchain gaming blog Nederob.
What's particularly interesting about this sale is who bought it. While the buyer has remained anonymous, the blockchain has identified some interesting aspects about the purchasing party. According to Nederob, the buyer was a Binance cryptocurrency trader who made a point of transferring 20 ETH to a new Ethereum wallet which was used to bid on the Dissolution item. The bidding ended at 13.3 ETH, but clearly, the bidder was willing to spend more on this unique item.
Why is a Cryptocurrency Trader Buying In-Game Digital Collectibles Interesting?
Cryptocurrency traders have been buying Non-Fungible digital collectibles for awhile. That's because they are useful as storehouses of value. Just like traditional collectibles are often treated as part of an investors portfolio, so can Non-Fungible Tokens. What's interesting about this transaction is less the number - which is significant - but the reason for which it was purchased. Because in-game digital collectibles have actual utility, they have value beyond the simple value of the cryptocurrency used to purchase them.
Very early on in the development of the Digital Collectibles Journal, I foresaw not just gamers getting in on digital collectibles. Of course, the cryptocurrency trader may have intentions of using the item as intended. But, clearly the purchase was made as an investment, banking on the growth of the Steam shooter Dissolution.
But the item was part of a "God Tier" auction. So, it represents more than simply a piece of in-game gear. It gives the owner custom animations, particle effects, and sound effects forever imprinted into that gun. It's a unique In-Game status symbol, not just a gun.
The original auction page has since disappeared on OpenSea. It appears So, it will take some digging to learn more. But, Dissolution is certainly a game of interest to us when it comes to digital collectibles. More to come on the fate of this "God Tier" item and other high priced Dissolution collectibles.
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R.A. Rowell is a collectibles enthusiast who comes from a long history of collecting trading cards in both sports and in Trading Card Games. He is passionate about educating the world about the future promise and benefits of digital collectibles, both on the blockchain and off.