League of Legends (LoL), one of the most important games in the MOBA genre, will be able to host NFT (non-fungible tokens) and even its own blockchain. Such information comes almost a year after Riot Games, the producer of LoL, made a similar request for another game from the company, Wild Rift.
According to information obtained by live coinsmention trademark applications “non-fungible tokens (NFTs)”as well as a “downloadable computer software for managing transactions using blockchain technology”† That is, it is possible that LoL has its own blockchain to host such collectibles.
While NFTs and play-to-earn games have been sidelined in recent months, calming the craze, many companies continue to look at how to take advantage of these new technologies. It therefore appears from the above sequence that Riot Games does not want to be left behind.
League of Legends NFT and blockchain
Interestingly, the League of Legends request on NFT and blockchain is not a registration request based on another international request (Madrid Protocol), that is, it is something exclusive to Brazil.
Moving on, the live coins found two requests related to the subject with the National Institute of Industrial Property (INPI). Both awarded last Tuesday (10), valid until 05/10/2032.
“Digital materials, namely non-fungible tokens;”
“Downloadable computer software for managing transactions using blockchain technology;”
“Downloadable digital media, namely digital collectibles made from software with blockchain technology.”
“Blockchain-Based Payment Verification Services.”
So in addition to being able to see League of Legends NFT, whether collectibles or used in the game itself, it’s possible that Riot Games will develop its own blockchain. In comparison, it could be like Sky Mavis’ Ronin network, which hosts the game’s Axie Infinity NFTs.
Riot Games could be the biggest in the industry
Besides League of Legends and Wild Rift, Valorant and Legends of Runeterra are two other blockbusters from Riot Games. In this way, the company can let its 180 million active users, comparable to the population of Brazil, participate in this new market.
As a developer of multiple games, it is also possible to envision a greater connection between the two. Kind of like Stephen Curry’s virtual sneakers, which can be worn in more than one place.
While the craze for NFT, metaverse and play-to-earn games has calmed down, the League of Legends registration application shows that companies are keeping an eye on this technology, with the aim of improving the player experience and, of course, taking advantage of it. .
Source: Live Coins
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
