• 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

Gold Rallies First, Then Bitcoin Takes Over, Analyst Says

chest

Analysis indicates that Bitcoin often rallies significantly after gold completes a major advance.

user avatarArif Mukhtar

Trump Doubts Machado's Capability to Lead Venezuela

chest

U.S. President Donald Trump expresses doubts about Maria Corina Machado's ability to lead Venezuela.

user avatarDavid Robinson

Leadership Transition in Venezuela After Maduro's Capture

chest

Following the capture of Venezuelan President Nicolás Maduro, attention has shifted to the country's transition to new leadership, with Maria Corina Machado emerging as a key contender.

user avatarMaria Gutierrez

ADP Employment Report to Kick Off Key Labor Market Week

chest

The ADP National Employment Report will be released on January 7, 2025, providing insights into the private-sector labor market and measuring monthly changes in employment.

user avatarAndrew Smith

Initial Jobless Claims Report Set for January 8, 2025

chest

The US Department of Labor will release the Initial Jobless Claims report on January 8, 2025, providing a timely assessment of labor market conditions.

user avatarJacob Williams

Snek: A Cult-Favorite Meme Coin with Serious Potential

chest

Snek is a meme coin inspired by a popular internet meme of a snake, with a strong following and potential for growth in 2025.

user avatarAyman Ben Youssef

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.