Krafton, developer of the favored videogame PUBG, mentioned it had signed a take care of Solana Labs to collectively develop blockchain and NFT-based video games and providers. The developer mentioned it meant to leverage its recreation constructing capabilities within the web3 area.
The transfer marks rising the rising recognition of blockchain and play-to-earn (P2E) video games, which has attracted curiosity from established builders within the crypto and videogame area.
Solana is the ninth-largest blockchain on the planet by market capital, at almost $30 billion. The blockchain permits builders to construct extremely scalable applications- a trait cited by Krafton as one of many motivators behind at this time’s deal.
South Korea-based Krafton had shot to success in 2017 on its wildly fashionable PUBG recreation, which is credited with popularizing the “battle royale” style. The recreation is presently free to play, and options collectable cosmetics- a characteristic that’s complementary to NFTs.
Krafton no stranger to web3
Krafton’s take care of Solana comes as an extension of the developer’s foray into web3 expertise. The developer had foreshadowed its transfer into web3 earlier this yr, and has since then invested in and collaborated with a number of companies within the area.
In February, Krafton mentioned it had invested a mixed $6.6 million in South Korean NFT marketplaces Seoul Auction Blue and XBYBLUE, and had additionally agreed to develop NFT initiatives with the 2.
The firm outlined plans to leverage NFT adoption in a deliberate massively multiplayer on-line role-playing recreation, together with the metaverse. It is constructing this metaverse by means of a collaboration with NAVER, operator of the metaverse ZEPETO.
P2E, Blockchain video games appeal to traders
P2E video games, which basically reward gamers with tokens, have been rising in recognition this yr, attracting main traders.
Earlier this week, FTX, the world’s third-largest crypto trade, acquired P2E developer Good Luck Games to bolster its personal gaming choices. Good Luck Games is comprised of a number of veteran builders, and is presently engaged on a card-based auto battler known as Storybook Brawl.
Established videogame builders together with Zynga and Ubisoft have additionally expressed curiosity in transferring into the area.
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