• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Habbo Game intends to continue utilizing NFTs while avoiding the use of complex cryptocurrency terminology

Habbo Game intends to continue utilizing NFTs while avoiding the use of complex cryptocurrency terminology

user avatar

by Max Nevskyi

2 years ago


The classic social web game Habbo, which ventured into NFTs in 2021, two decades after its launch as a more visually engaging take on chat rooms, faced a mixed response from its fanbase, similar to Neopets. However, unlike Neopets, Habbo is not parting ways with its NFTs. Instead, it has decided to change the terminology used to describe them.

Habbo recently announced its shift in terminology, replacing the previous "Habbo NFT" terminology with "Habbo Collectibles." In a statement, Habbo explained that it aims to distance itself from the complex jargon associated with the blockchain industry.

"To enhance the understanding of Habbo Collectibles for both current and potential players – which primarily involve collecting and trading items within Habbo – we will reduce the use of terms like 'NFT,' 'Web3,' 'blockchain,' and others in our marketing and communications."

Habbo's decision mirrors the trend seen in various brands and companies that are rebranding NFT assets as "digital collectibles." For instance, Reddit refers to its NFTs as "Collectible Avatars" and avoids using NFT terminology in its public messaging.

However, not all changes will happen immediately. Habbo noted that it will keep the branding for its Habbo NFT Twitter account and Discord server intact, at least "for now."

Habbo's NFT avatars were initially created on the Ethereum mainnet, while subsequent collections, such as digital furniture, were minted on the Ethereum scaling network known as Immutable X. Owners of the 11,600 NFT avatars enjoy exclusive access to a specialized server called Habbo X within Habbo Hotel. On the secondary market, prices for these NFTs start at nearly 0.18 ETH (equivalent to $275) on platforms like OpenSea.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Mog Coin Enhances Utility and Community Engagement

chest

Mog Coin (MOG) is a community-driven token that emphasizes utility and engagement, featuring high transaction efficiency, low fees, and a robust governance model.

user avatarJacob Williams

The Role of Early Entry in Crypto Trading

chest

The article emphasizes the importance of early entry in crypto trading, particularly in low-visibility environments.

user avatarZainab Kamara

Visibility Reshapes Crypto Market Behavior

chest

The article discusses how visibility affects market behavior and volatility in cryptocurrencies, using Dogecoin and Mog Coin as examples.

user avatarSon Min-ho

Tom Lee Highlights Deleveraging as Key Market Influencer

chest

In a recent CNBC interview, Tom Lee discussed the impact of deleveraging on the cryptocurrency market, focusing on Bitcoin and Ethereum, and emphasized the need for regulatory clarity and institutional adoption.

user avatarAyman Ben Youssef

North Korean Hacking Group Konni Targets Blockchain Engineers with AI-Generated Malware

chest

The North Korean hacking group Konni is deploying AI-generated PowerShell malware to target blockchain developers and engineers, marking a new phase in their cyber operations.

user avatarTando Nkube

Kenneth Shen's X Account Hacked, Users Warned of Phishing Scams

chest

Kenneth Shen's X account was hacked, leading to phishing scams targeting users.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.