Quick take:
- Korean game developer Krafton is pivoting to blockchain gaming.
- The PUBG game maker has signed an MOU with Solana Labs to build blockchain-based games.
- Krafton will design and build games on the Solana blockchain and pursue joint investments.
Korean game developer Krafton is pivoting to blockchain gaming. The Playerunknown’s Battlegrounds (PUBG) creator has signed a memorandum of understanding (MOU) with Solana Labs to build blockchain games and non-fungible token (NFT) services. Krafton and Solana will also pursue joint investments in the blockchain industry.
The MOU provides that Krafton will design and create games based on Solana’s proof-of-stake blockchain network. The companies also plan to launch new game titles featuring NFTs and in-game items.
Commenting on the collaboration, Johnny Lee, the head of Games Business Development at Solana Labs said his company was excited to pursue the future of gaming with Krafton, which he said brought innovation in the gaming industry.
Citing the explosive growth of the industry, Lee added that more people are now pivoting towards blockchain gaming, creating an exciting future for the industry.
On the other hand, a Krafton representative said “we are actively pursuing partnerships with companies and communities that have demonstrated impressive technological development, like Solana, to create a Web 3.0 ecosystem.”
The company is looking to speed up the process of building and releasing blockchain games by using Solana’s efficient blockchain ecosystem. The Seongnam-based company revealed on Jan. 27 this year that it was planning to join the Web3 economy.
Since then, it has established several partnerships with leading Web3 projects including the “online auction space Seoul Auction Blue Co., digital art platform XXBlue, and the metaverse arm of the Naver Corp. dubbed Naver Z.”
The integration could bring Krafton’s popular gaming titles like PUBG to Solana, allowing gamers to expand their gaming experience by trading in-game items using Solana’s utility cryptocurrency SOL.
Krafton is following in the footsteps of other giant game developers that have leapt into the NFT gaming train. Ubisoft was among the first adopters of the new trend after announcing the Tezos-based Quartz platform that will allow gamers to buy in-game items using the $DIGIT token.
On the other hand, Jam City announced Champions: Ascension, its debut game in metaverse gaming.
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