Blackwater has entered into a long-term exclusive licensing agreement with Digital Arms to design, develop and market Blackwater-branded Non-Fungible Tokens (NFTs). Although primarily designed for gamers, now firearms enthusiasts and Blackwater fans interested in joining the NFT and cryptocurrency movement can own a digital token in a sector that interests them.

“We are excited to partner with Blackwater to introduce the BW-15 rifle asset and develop a complete in-game character asset class to our NFT collections, both items will fuel the endless amount of gaming options available for Blackwater enthusiasts,” said Ben Clarke, chief marketing officer of Digital Arms.

The Digital Arms platform provides a metaverse for users to purchase licensed firearm NFTs that have interoperability with games and a variety of digital platforms. Some opportunities to note include gaming, trading, wearables, accessorizing, collecting, and even investing. Brands already available on its website include Barret, Primary Arms, CMMG and ZeroTech.

The announcement comes at an unusual time, when NFTs are becoming more popular and concern among enthusiasts grows over a new Merchant Category Code (MCC) for credit card purchases at FFLs. Critics of that move point out it could create a de facto gun registry—even cancel transactions with retailers. Proponents claim it will allow financial institutions to alert law enforcement of any suspicious activity.

Without a publicly published sales volume required to trigger a first-responder alert, and fear of doxing, many enthusiasts are weighing the wisdom of investing in the cryptocurrency required to purchase NFTs for the first time in their lives. Digital Arms accepts the Hunter Token, for example, although there are many others available, most notably Bitcoin and Ethereum. Like foreign tender, they can be traded at rates determined by current market value and the exchange utilized for the transaction.

Article by GUY J. SAGI

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