Habbo, the social web game, renames its NFTs as "Habbo Collectibles" to improve clarity, echoing industry trends.
Eliza Crichton-Stuart
Head of Operations
In a recent move, Habbo, the long-standing social web game, has confirmed its commitment to continuing with Non-Fungible Tokens (NFTs) while opting for simpler terminology. Habbo, formerly known as Habbo Hotel, went all-in on web3 with the announcement of the Habbo NFT project in 2021. Its first offerings were Habbo Avatars, which quickly sold out 10,000 randomly generated NFT avatars, before moving on to NFT furniture and other cosmetics.
According to a statement released on their blog, the company intends to replace the term "Habbo NFT" with "Habbo Collectibles" in a bid to resonate better with players. Additionally, Habbo will reduce the use of blockchain-related terminology, with the aim of making the concept more comprehensible to both existing and potential players.
Valtteri Karu, CEO of Sulake, recently acquired by Azerion
This strategic adjustment aligns Habbo with a broader industry trend where companies are repositioning NFT assets as "digital collectibles" to simplify communication. A notable example is Reddit, an online messaging platform, which brands its NFTs as "Collectible Avatars" and avoids NFT-specific language in public communications.
It's important to note that these changes in terminology will not be immediate. The statement clarifies that branding for Habbo's NFT-related social media accounts and servers will remain untouched, at least for the time being.
Despite the initial reservations among some Habbo fans, the game's decision to retain and rebrand its NFTs as "Habbo Collectibles" represents a commitment to enhancing user experience and clarity. Habbo's initiative aligns with the broader industry trend of simplifying NFT-related terminology, thereby catering to a more diverse and widespread audience.
updated:
February 18th 2024
posted:
October 22nd 2023