Classic social web game Habbo made a pivot into Non-Fungible Tokens (NFTs) in 2021, 20 years after it was launched as a more visual riff on chat rooms. Despite the move not landing well with all Habbo fans, similar to what happened with Neopets, the company isn’t dumping its NFTs. Instead, it is just going to start using different terms to talk about them. On Tuesday, Habbo announced that it will shift its terminology, ditching the existing “Habbo NFT” phrasing in favor of “Habbo Collectibles”. Habbo also said that it will move away from blockchain industry jargon, such as “NFT,” “Web3,” and “blockchain”. Other brands and companies have also shifted away from how they refer to NFT assets, with many calling them “digital collectibles” instead. Habbo’s NFT avatars were minted on the Ethereum mainnet, while follow-up collections for items like digital furniture are minted on Ethereum scaling network Immutable X. Owners of these 11,600 NFT avatars gain exclusive access to a specialized Habbo Hotel server called Habbo X. Secondary market prices for these NFTs start at nearly 0.18 ETH ($275) on the OpenSea marketplace. This move by Habbo is an interesting one and might indicate a wider trend in the industry. #Habbo #NFT #Crypto #Ethereum
You can read more about this topic here: Decrypt: Habbo Game Plans to Keep Using NFTs Without Uttering Dirty Crypto ‘Jargon’
