Digital Entertainment Asset Pte.Ltd (DEA), a Singapore-based NFT game development and operation company, announced on the 31st that it has signed an MOU with Greenway Grid Global Pte.Ltd (GGG) to consider a blockchain game using "electricity asset NFTs."
GGG is a joint venture established in Singapore by Tokyo Electric Power Grid Inc. (TEPCO PG), Chubu Electric Power Co., Inc., and ICMG Partners Inc.
The newly announced "electricity asset NFT" is an NFT collection created based on the "tower card" issued by TEPCO PG for Recruit, and will go on sale from April 3rd.
Regarding the production of the electric power asset NFT, TEPCO PG says it will promote the appeal of electric power assets by providing photos of facilities that blend in with the scenery from among the electric power assets it owns across the city center to mountainous areas, and the stories behind each asset.
It also says it will use this to support recruiting activities and other activities throughout the electric power industry.
In addition, DEA and GGG are considering developing a new game that utilizes Web 3.0 technology with the help of local communities to address the issues that government and infrastructure companies face in terms of inspection and patrol work due to the deterioration of facilities over time and labor shortages.
The concept is "together," and the aim is to have the game perform some of the inspection and patrol work of various assets owned by government and infrastructure companies while enjoying the game.
According to the announcement, the new game that the two companies will develop is a play-to-earn type blockchain game, and they are also considering a mechanism to make the game even more enjoyable by combining "electricity asset NFTs" as items in the game.
It was explained that the game will connect users' activities in the game world with the real world, not only by allowing them to contribute to society while enjoying the game, but also by allowing them to enjoy the tokens they earn.
The two companies will collaborate to develop a new blockchain game and will proceed with detailed consideration to realize a sustainable society. After that, they aim to conduct trial operations in Japan in fiscal 2024.
DEA is a Web 3.0 entertainment company established in Singapore in August 2018. It operates the GameFi platform "PlayMining," the NFT marketplace "Play Mining NFT," the metaverse project "PlayMining Verse," and its own cryptocurrency "DEAPcoin."
Reference:DEA press release, TEPCO PG press release
Image: DEA press release