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PlayStation veterans Michael Mumbauer and John Garvin have teamed up to form a new gaming and entertainment studio called Liithos.

The company’s debut game is Ashfall, which is described as “the first true AAA Web 3.0 title for PC, console and Hedera network”, which uses a “native, energy-efficient cryptocurrency” called HBAR.

Liithos CEO Mumbauer spent 13 years at PlayStation as head of its Visual Arts Services Group, working on games like Uncharted and The Last of Us. Most recently, he was co-founder and CEO of That’s No Moon.

John Garvin, former creative director and writer at Bend Studio, developer of Days Gone, is serving as VP of Creative at Liithos and is the writer and director of their debut project.

Days Gone – Resource Trailer | computer

Days Gone – Features Trailer | PC

“Ashfall will see players struggling to survive a world scarred by global warming, the volcanic Ring of Fire ignited, mysterious and disturbing energy fields and warring enclaves, starting as a connected single-player adventure that will evolve into a multiplayer PVP & PVE cinematic transmedia world,” Liithos said in an announcement Thursday. On the same subject : A Quick Guide to Digital Real Estate Investments.

“Players can choose to play the game taking advantage of the Hedera network, where search, discovery and exclusivity are the focus for a build, sell and trade experience.

“Ashfall currently partners with legendary comic book creators, artists and influencers as the story will begin with a digital comic written by John Garvin, with cover art by Worldstorm and Brett Booth of DC Comics.”

Garvin said in a statement: “Our goal is to create a truly state-of-the-art open-world experience that engages with new technologies to enable user-generated content.

“As always, our focus is on creating beloved characters, captivating stories and evolving gameplay, and a world worth exploring, not just in games, but in other media as well.”

Mumbauer was asked by VentureBeat how Web 3.0 will play a role in Ashfall.

“Transmedia and the power of connected worlds has always been something I’ve been extremely passionate about,” he replied. “There is a bit of misunderstanding in my opinion about what blockchain games can mean for gamers. I see blockchain as a railroad and the main station is video games.”

Mumbauer added: “All other railway stations lead to the main one, which are games and trains deliver precious cargo (NFTs) to players via the other stations. It’s a way to have deeper and more immersive experiences than we’ve ever seen before. We want to reward players for doing things they already love to do and create a path from those areas they love back to what they love most, gaming.”

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Can you buy an NFT and sell it?

Simply transfer the NFT to the market where you want to sell it (if it is not already there or if you are only storing your NFTs in your personal crypto wallet and do not have them available for viewing on a market). Then click the “Sell” button on the page of the NFT you want to sell. On the same subject : From retro to tech, Michigan drivers will get new license plate options.

Can you sell other people’s NFT? However, you retain all commercial rights in the underlying artwork with NFT. That means you can still market your art by doing prints or merchandising, or even license it. Collectors are not allowed to do so – they only have the right to sell, trade or transfer the NFT.

Does it cost money to sell a NFT?

On most NFT platforms, buyers pay a gas fee to validate a transaction on the blockchain network through their digital wallet. Sellers also sometimes pay gas fees for “mint” and sell NFTs, with the value being distributed to miners on the network. This may interest you : Putting Music on Film. Gas rates fluctuate very quickly depending on the time of day.

Can you make money buying and selling NFT?

Coining your own NFTs Coining refers to the process of taking a digital asset (such as digital art or music) and putting it on the blockchain. Once the asset is minted on the blockchain, it can be traded on the best NFT markets, allowing you to monetize your creation.

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Should I buy an NFT?

If you identify an asset that you like and you have the financing, you might want to buy it. If asset ownership is tokenized, you will likely be able to enjoy the additional benefits associated with NFTs. But make sure you also understand the risks of investing in NFT.

Why would anyone buy an NFT? Some people invest in them because they believe they will have value in the future, offering what they consider to be a safe investment option. Others invest in NFTs to ensure digital ownership of physical and collectible assets, as well as access to exclusive perks as they are difficult to counterfeit or steal.

Why you should not buy NFT?

Scammers started using NFTs illegally to make money. They are plagiarizing the original work of artists, building fake websites, raising the price of NFTs and selling them to buyers at prices higher than their real value.

Is NFT worth buying?

An NFT has value because the buyer and its community believe it has value – which is true of all art and collectibles. And over time, an NFT gains more character of its own, based on factors like who owns it and how they used it.

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Do NFT owners own the copyright?

While NFTs are relatively new and may be an unknown art type, copyright law will treat NFTs the same as any other traditional art. If an artist creates a new artwork, he will automatically acquire the copyright to that new artwork.

Is NFT subject to copyright? For this reason, the copyright in the work processed as NFT is not transferred to the purchaser; the copyright in the underlying work still belongs to the author of the work, and the author of the copyrighted work retains the legal right to reproduce, adapt, and publish the work.

Can I sell copyrighted items as NFT?

Using intellectual property without the owner’s permission is called IP infringement, and an NFT creator can be prosecuted for it. Selling art using copyrighted characters is also an infringement unless you have permission from the copyright owner.

Can someone copy my NFT?

Non-Fungible Tokens are usually acquired due to the digital content they contain, however the true value is tokenization and the content is only a part of that. This means that while digital content can be replicated or sold in large quantities, each NFT is unique and therefore cannot be duplicated.

How do you make an NFT and sell it?

  • How to make and sell an NFT: marketplaces. …
  • Buying cryptocurrency to fund your wallet. …
  • Creating a digital wallet to pay your NFT. …
  • Adding cryptocurrency to your wallet. …
  • Connecting your wallet to an NFT platform. …
  • Loading the file you want to turn into an NFT. …
  • Setting up an auction for your NFT.

How much does it cost to create and sell NFT? The costs of developing an NFT can vary greatly depending on the type of market. The developer must create code to allow NFT to work for free. This can cost anywhere from $7 to $150, depending on the complexity of the project. It is up to the creator to format an NFT.

Can I make and sell my own NFT?

To make and sell an NFT, you will need cryptocurrency. All of the NFT auction platforms mentioned above will want to pay upfront to ‘mint’ an NFT, which is the process that turns your artwork into a non-fungible token that you can sell.

Can I sell anything as NFT?

Anything can be sold as an NFT, including music, drawing, GIF, tweets and even a selfie can sell for millions of dollars. Demand for cryptographic art is increasing and users are flooding the market to bid for unique cryptographic tokens.

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