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Krafton Partners With Solana Labs To Build Blockchain Games And Services

Kratfton, the creators of the successful multiplayer game PUBG have announced a new partnership with Solana Labs, the developers and maintainers of the Solana blockchain, to power its own tailored Web3 experiences, as the former continues its pivot towards blockchain gaming. The companies have agreed to cooperate in the establishment of joint business opportunities and investments, and also in the development of the previously-mention blockchain-based games.

As one of the best global high-performance blockchain with strength in high speed and low fees, Solana represents the best of the Web 3.0 ecosystem and its technologies,” said Hyungchul Park, Lead of Web3 Roundtable at Krafton. “Through this cooperation, Krafton will acquire the insight needed to accelerate its investment in and output of blockchain-based experiences.”

Krafton’s movement is part of its recent pivot to blockchain games, NFTs, and Web3. The company acquired equity in two non-fungible token (NFT) and digital IP protection companies, Seoul Auction Blue ($2.5 million) and Xbyblue ($4.1 million) in February. In addition to this, Krafton is also developing a joint metaverse platform with Naver Z, which has experience in building with 3D worlds and AI.

Other gaming companies are also pivoting to include blockchain and metaverse-based elements in their games, like Ubisoft and Square Enix.

(All information was provided by Bitcoin News)

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