Singapore, January 30, 2023 — Digital Entertainment Asset (DEA), a Singapore-based global Web3 entertainment company and operator of the PlayMining GameFi platform, has announced the introduction of legal tender as a new payment option on the PlayMining platform. PayPal, credit card and debit card payments will now be accepted, along with the company’s DEAPcoin token ($DEP).
Legal tender will be accepted for payments on the PlayMining NFT marketplace, including purchases within games such as the company’s flagship title ‘JobTribes’ and other games on the platform. This payment option only applies to ‘Official Store’ purchases, however. Players must continue using DEP for ‘User’ purchases.
“Most NFT marketplaces only accept cryptocurrencies for payments, which is a major hurdle for new users unfamiliar with the crypto space. This has hindered the adoption of blockchain games in some respects,” said DEA co-founder and co-CEO Kozo Yamada. “Through the introduction of PayPal, credit and debit card payments, we can create an environment where even those who are new to blockchain games can easily get started. This will help DEA bring the Play and Earn experience to more people and contribute to the mass adoption of GameFi.”
Building a GameFi Community Like No Other
PlayMining is home to a rapidly growing Play and Earn (P&E) NFT game catalog including Job Tribes, Cookin’ Burger, Menya Dragon Ramen, Graffiti Racer and Lucky Farmer. All of the games allow players to earn DEP through play, which can then be traded on popular crypto exchanges, spent on the PlayMining NFT marketplace or bought back in a DEA buyback program. The market hosts official utility NFTs for use in PlayMining games, as well as original artwork NFTs by creators from some of Japan’s most famous video game and anime titles, including Final Fantasy, Dragon Quest and Fairy Tail.
The company also operates the PlayMining Verse metaverse initiative. It is home to Fujiwara Kamui Verse, a project led by renowned manga artist Kamui Fujiwara who uses the platform to co-create an epic comic book story with the PlayMining community. The interactive nature of the PlayMining Verse has so far enabled Fujiwara and his fans to cooperatively release five story acts and two Line stamp collections, and host both physical and digital meetup events.
For more information about the DEP Anniversary Festival events, please refer to the official PlayMining Medium blog.