KRAFTON, Inc., the makers of the worldwide popular PUBG: BATTLEGROUNDS battle royale game, announced a partnership with Solana Labs to help the development and promotion of blockchain-based games and services.
KRAFTON and Solana Labs have entered into a long-term collaboration agreement for the creation and management of blockchain- and NFT-based games and services.
The two businesses will collaborate on the marketing and creation of blockchain games and other blockchain technologies, as well as on investment prospects.
Krafton eyeing to take over blockchain gaming
“As we strive toward developing our Web 3.0 ecosystem, KRAFTON will look for methods to collaborate closely with blockchain startups like Solana Labs,” stated Hyungchul Park, Lead of Web 3.0 Roundtable at KRAFTON, Inc.
“As one of the greatest worldwide high-performance blockchains, Solana represents the best of the Web 3.0 ecosystem and its technology, with a focus on high speed and low costs.”
“KRAFTON will get the knowledge needed to increase its investment in and output of blockchain-based experiences as a result of our collaboration.”
KRAFTON’s commitment to advancing new business prospects in 2022 is reaffirmed by this agreement.
Last month, the firm stated that it will enter the web 3.0 and NFT sectors, leveraging its game development and operations expertise gained from PUBG: BATTLEGROUNDS, a popular game with gamers all over the world.
Since then, Seoul Auction Blue, XX Blue, and NAVER Z have announced investments and cooperation with the firm in additional industries connected to NFT, metaverse, and blockchain (Zepeto).
PUBG, which allegedly reached 70 million players in July 2020, may soon be able to link its massive userbase to more advanced virtual reality levels.
According to a Forbes forecast published in January this year, the blockchain gaming business would grow by 765 percent by 2021.
Last month, FTX announced the introduction of FTX Gaming, a “crypto as a service” platform that would allow gaming firms to generate tokens and provide customer support for NFTs.
Zynga, a San Francisco-based online and mobile game producer best known for its FarmVille and CSR Racing franchises, has revealed ambitions to enter the blockchain gaming market.
According to a recent DappRadar survey, there were 804,000 unique active players linked to blockchain-based games in July 2021.