However, this is not the first crypto project involving SNK.
Although SNK surprised fans this morning with the announcement of Team Awakened Orochi for The King of Fighters 15, there was another reveal that took the internet by surprise even more — and not in the best way.
A new twitter account is called cryptocof A sudden appearance last night claiming to be working on an “officially authorized” NFT project for SNK, which is based on their fighting game franchise, has disappeared following an online backlash from fans.
The original post and attached video didn’t really provide any details about what it was like other than showing an arcade room featuring machines titled King of Fighters Crypto on a crypto screen.
People quickly took to the comments and other parts of the Internet to share their displeasure with the announcement for a variety of reasons, including negative perception of SNK on the NFT bandwagon, especially at a time when the crypto market has been rough. For the past month or two.
Others were wondering if the project was an unofficial scam, but as the SNK Global account initially retweeted the CryptoKOF post (before it was deleted), it appears to be legit.
However, after only a few hours, the CryptoKitties Twitter account (which had only a few followers and no other posts) changed its status to protected, so the announcement could no longer be accessed by the public.
You can’t angrily attack SNK or the people who make KOFXV for it. In most companies, shareholders have a greater leeway in such decisions. Just like the authorities turn the fantasy you love into a bad show or movie. Like She Hulk Thin or Ugly Sonic.
— KittyKOFXVKaboom Howard Connection Secretary (@KittyKaboooom) 21 June 2022
We have uncovered a website that appears to be made for crypto, but only the homepage is available and none of the buttons work.
Little is currently known about the project, except that it is linked to a Shanghai-based NFT marketing firm called metawave,
It is also unknown whether the announcement’s removal was in response to negative fan reception, although the timing is odd at least.
This was not the first time SNK partnered to try and acquire cryptocurrency.
King of Fighters Allstar, makers of Netmarble, teased a King of Fighters Arena NFT project in May, and SNK also joined onbuff to sell NFTs based on their popular fighting game and Metal Slug characters.
Getting negative feedback from something crypto-related crashing and deleting everything related to it?
I mean props on being booed about it but other than that… yes no man pic.twitter.com/cpa5ZnUM9u
— yojiexo (@Yojiexo) 21 June 2022
It is important to point out that the actual developers of SNK had little or no input on these crypto deals, so it is not as if these NFTs are associated with KOF15 or their other main titles.
These types of partnerships will be forged by the company’s licensing department and potentially other higher-ups in the corporation.
So this is how you guys will break up for the third time
— MD_Golgol (@Ff1Golgol) 21 June 2022
Considering the Cryptocof Twitter account is only protected and not deleted, the NFT project will probably return with more information at some point in the not too distant future.
The ultimate concern will be whether this type of NFTs find their way into SNK’s main console/PC title, although there’s no sign that it’s happening anytime soon.
Tweet image via Siliconera.