PUBG publisher will develop games on the Solana blockchain


On March 24,
South Korean game studio Krafton, Inc. announced a long-term partnership with
Solana Labs, with plans to cooperate to create and market blockchain and
NFT-driven games that sudden spike in demand for the Solana organization.
“Krafton will
continuously see ways to work closely with blockchain companies like Solana
Labs as we work toward establishing our Web 3.0 ecosystem,” said Hyungchul
Park, Krafton’s Lead of Web 3.0 Roundtable. “Through this cooperation, Krafton
will acquire the insight needed to accelerate its investment in and output of
blockchain-based experiences.”
Through the
cooperation, the two organizations are intending to help the development and
activity of blockchain and NFT-based games and services. Besides, Krafton and
Solana will mutually collaborate on investment opportunities. The organizations
additionally plan to investigate co-investment open doors.
Krafton
presently can't seem to report whether it will bring PUBG or one more franchise
into the Web3 space or make new IP for NFT-driven blockchain games on Solana.
While PUBG is
Krafton's most popular IP, the publisher likewise claims franchises like
Subnautica and Tera and publishes versatile games like Golf King and Bowling
King.
The free-to-play
PUBG Mobile has contacted a much more extensive worldwide crowd, and mobile
analytics company Sensor Tower announced in November 2021 that the game has
created more than $7 billion in income to date using in-game buys. The studio
additionally as of late launched a different, advanced themed PUBG portable
title called New State Mobile.
Blockchain-based
gaming services have made a monstrous buzz in the Web 3.0 environment.
Recently, Binance Labs, the funding arm and advancement hatchery of Binance,
reported interest in AlwaysGeeky Games to help the improvement of the
blockchain gaming industry.

Joyashree Dey
CBW - External Analyst
INDIA