Digital Arms Working on Cryptocurrency for the Firearms Industry

A new firm Digital Arms is looking to bring cryptocurrency and tokens to the world of shooting, combining the intellectual property of the gun industry with video games using their own Hunter token, $HNTR. This will let gun companies license their designs to other companies to make essentially digital trading cards.

By using non-fungible tokens, or NFTs, these digital collectibles will be hard to scam and easy to control, allowing companies to make some very rare and therefore very desirable token items. Digital Arms is also hoping to make their NFT firearms and accessories work across gaming platforms.

That way gamers can buy, earn and win digital guns or gear in one game and use them in others as well. Every digital collectible will have its own certificate of authenticity and dollar value backed by the Hunter token, letting them trade and sell the digital property.

While a good number of gun owners might be asking the question “why?”, it seems that realistically, this was inevitable. Gun companies already work closely with video game companies and other media producers, for product placement and control over their intellectual property including trade dress patents.

The world of digital collectibles is starting to take off, and pay out in real terms. Digital Arms is just getting into a new market that’s growing fast.

One of their core strategies is setting up a platform for users that’s easy to use and intuitive. They know that cryptocurrencies and NFTs are relatively new and a lot of people don’t have experience with them.

It will be a challenge for Digital Arms just to explain to people why this is a good idea, and how to use it. But as soon as any of these companies starts to make money, people will eventually go along with them.

Time will tell if Digital Arms is the company that will make this a successful business, but they have a plan in place and $1.5 million in seed money.

See Also: Big Tech Moves to De-Platform 3D Printer Gun Groups…Again

“Bringing the real-world aspect to the platform, Digital Arms is partnering with globally recognized firearms manufacturers to replicate models and create scarce, licensed firearm NFTs, thanks to agreements with industry-leading names,” they said in the announcement.

According to Digital Arms, about three-quarters of the $80-plus billion video game market is made up of microtransactions, where players pay money for things like unusual uniforms and custom in-game firearm finishes. Just like in the real world, gamers like to customize their virtual firearms.

Digital Arms is looking to work with manufacturers and use official drawings and specifications for firearms and accessories to make their digital counterparts. These would then be tokenized and backed up by blockchain for collectors and traders.

More information is available from the company website, and of course, on Discord.

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About the author: Max Slowik is a writer with over a dozen years of experience and is a lifelong shooter. He has unwavering support for the Second Amendment and the human right to self-defense. Like Thomas Paine, he’s a journalist by profession and a propagandist by inclination.

{ 4 comments… add one }
  • Frank November 13, 2021, 6:26 am

    Interesting concept… to a gamer perhaps; might be more appropriately placed in a tech/gamer forum. As others have mentioned, some sort of cryptocurrency that can be bartered for ACTUAL steel/walnut/ aluminum/polymer, would be much more interesting.

  • Dr Motown November 12, 2021, 12:53 pm

    So, this is confusing: are they creating a cryptocurrency for purchasing firearms and accessories(could be a good thing if lending institutions continue to put the “woke” squeeze on folks they don’t like)? Or are they creating cartoon guns for gaming?🤔

  • Kb31416 November 12, 2021, 7:03 am

    I think that the king has no clothes.
    Call me stubborn, but if I am going to spend REAL money on something, I want some REAL walnut and steel sitting in my gun cabinet. 100 years from now, that walnut and steel will probably still be working just fine, but I doubt that the imaginary digital widget will be even a distant memory, other than perhaps people asking “grandpa, why did you waste your money when you could have had something of lasting value “?
    What these people should be doing is creating a “guncoin” that is convertible to dollars or whatever, and that can be used for secure and anonymous firearms transactions. This would defeat the efforts of the political mega banks to freeze out the firearms industry.

  • Getfreight November 5, 2021, 7:39 pm

    Why so complicated? With cryptocurrency becoming accepted, why not just a 2nd Amendment or Firearms Crypto? Something that rather than being a gimmick, solves a real world problem. Like alternative currency and payment processing for Firearms and ammunition since we’re having so many issues with big banks and credit card processors. Plus, it is semi-anonymous if used correctly. Start using tech to our advantage rather than letting the anti-rights crowd control it.

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