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Grease Monkey Games Announces NFT Plans, Loses Key Members

Grease Monkey Games Announces NFT Plans, Loses Key Members
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Grease Monkey Games, the Australia-based studio behind the popular motorsport game Torque Drift, recently shared that they  had faced staff turnover after announcing the integration of blockchain technology into its upcoming sequel, Torque Drift 2.

The move, which includes the use of NFTs, has resulted in the resignation of ten employees within a month, according to an interview with Arran Potter, Founder of Grease Monkey Games. Despite the setbacks, Potter is optimistic about releasing Torque Drift 2—currently in beta—by the end of the year.

However, the loss of key team members has posed significant challenges.

Source: Grease Monkey Games

Addressing Challenges and Misconceptions

Replacing the departing staff has been difficult due to the competitive nature of the gaming industry and Potter noted that larger studios are attracting talent with lucrative offers, making it challenging to hire new developers quickly.

“It is quite a challenge. There were some large studios that would just acquire people for huge wages, and it made it very difficult to find people,” Potter shared. Despite these challenges, the company has retained key partners, including car manufacturer Nissan, for the web3 project.

Potter has also been addressing misconceptions about blockchain technology and NFTs to both his team and the public, noting that NFTs often carry negative connotations partly due to high-profile, expensive digital collectibles like the Bored Ape Yacht Club collection.

“Digital ownership is something that they hear and think its where they are transferring their IP and their trademark over to the owner of the NFT and its not like that at all,” he explained.

“If the tech offers some benefits, then people will embrace it, and people need to understand the benefits,” he added.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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Blockchain enthusiast and lifelong gamer.



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Tags: AnnouncesGamesGreaseKeyLosesMembersMonkeyNFTPlans
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