Krafton, the popular video game Player Unknown Battleground (PUBG) parent company, has inked a deal with Solana. Krafton will develop video games to run on the network.
Per a press release article dating Mar 23, 2022, Krafton has entered a partnership deal with Solana to develop blockchain games. Solana Labs will assist the renowned video games maker with the layout of the games and their marketing.
Krafton Inc. Inks a Partnership With Solana
PUBG publisher Krafton has entered a strategic partnership with Solana Labs to develop and market blockchain games. The company eyes blockchain gaming after the remarkable success of PUBG. The duo will establish a long friendship by hatching new blockchain games and companies and seeking related investment opportunities together.
The Head of Krafton’s Web3 division confirmed that the company is always looking for a partner in blockchain ventures. His statement read:
“Krafton is usually searching to spouse with blockchain firms like Solana Labs to create their very own Web three. Ecosystem. Being 1 of the blockchains with the power of substantial transaction velocity and reduced costs, Solana is a standard representative of a Web three. ecosystem and accompanying technologies. Through this partnership, Krafton will have the information and facts it desires to invest and attain important blockchain experiences. “
Solana Labs Game development Manager Johnny Lee also commented that they are delighted with forging the partnership with Krafton Inc. In a statement, he said:
“We are delighted with Krafton’s dedication to the potential growth of the game on Solana. Krafton is a leader in the gaming field, and we are delighted to assist them on their journey to reinvent themselves. With extra and extra gamers searching for blockchain video games, game firms that solution this query swiftly ample are confident of reaping fantastic results. “
Blockchain Gaming Continues Gaining Popularity
Blockchain gaming is gaining popularity fast, encompassing other innovations like P2E capability, NFTs, and the metaverse. Multiple gaming and software companies are looking for the best opportunities to invest in it. Recently, Microsoft, a popular software company, acquired Activision games studio to develop their metaverse gaming dream with it.
Also, it is not the first time that PUBG developers are seeking opportunities in the crypto sphere. In February 2022, they took part in Korean NFT Marketplace fundraising tasks. They were mainly involved in seed funding rounds for XX BLUE, Seoul Auction Blue, and NAVER Z/ Zepeto.
Some crypto stakeholders like FTX exchange founder Sam Bankman-Fried had foreseen the breakthrough in blockchain gaming. Twitch founder Justin Kan also believes that gaming will be an essential feature in pushing the adoption of cryptos in 2022 and beyond. The duo also began working on gaming-related projects on the Solana network.
Blockchain gaming also enjoys the interconnectedness offered by Web3 and the metaverse, which makes it an essential paradigm in the crypto space. Investors will leap heavily if the adoption rates of blockchain gaming, Web 3, and the metaverse continue increasing. However, it is best to DYOR before investing as all these innovations are still young and could evolve at a fast rate that could come with huge profits or losses.
Source: https://crypto.news/pubg-krafton-inc-partnership-solana/