Neowiz is a large Korean video game publisher. It is promoting Web3 gaming in Asia alongside Ava Labs. Neowiz’s 25-year partnership with the game industry is a big advance, especially in South Korea. The cooperation includes Neowiz subsidiary Intella X, which develops Web3 games.
Gumi Joins Inaugural Arcad3 Group
Neowiz joined Web3 gaming program Avalanche Arcad3 with enthusiasm. Web3 division Intella X and Neowiz seek to inspect Avalanche’s Web3 gaming potential. The gaming industry will be greatly affected in 2023. Second-quarter 2023 sales of $51 million USD show Neowiz’s strong success.
Intella X headlines Korea Blockchain Week at Avalanche House Seoul 2023. Ava Labs Gaming Head Ed Chang will discuss strategy with Intella X at a one-day seminar. This partnership will enhance Web3 gaming technology.
Avalanche is rising quickly in Asia, particularly in South Korea and gaming. Timely merging highlights Neowiz’s contribution. Neowiz, the fourth top-100 game company, works with Avalanche. East Asian giants Alibaba, Tencent, and Gree are members of this exclusive society. Over 70% of the top 100 gaming businesses are Asian, according to Xangle. Additionally, Korean businesses dominate blockchain gaming development. However, Japanese companies thrive in VR games.
Gumi is a large Japanese media firm and gaming firm. It is in the inaugural Arcad3 group, showing the expanding relevance of Web3 gaming in Asia. Ed Chang remarks they are pleased to partner with Neowiz, expanding their South Korean gaming network.
Intella X Embraces Learning Opportunities in Web3 Gaming at Avalanche Arcad3
Avalanche Arcad3 offers Neowiz subsidiary Intella X the chance to work, learn, and invest with renowned Web3 game designers. Intella X wants to learn about Web3 gaming, NFTs, culture, infrastructure, and advanced blockchain gaming at Arcad3.
Avalanche Web2 and Web3 expertise may study Web3 games with Arcad3, an innovative curriculum. The first category comprises TSM/Blitz, Shrapnel, Merit Circle, Neowiz, and others. The program covers Ava Labs’ Web3 gaming tokenomics, compliance, and business strategies. It also provides office hours, tech help, networking, and more.
Neowiz Co-CEO Taegeun “Andrew” Bae said Intella X and Ava Labs would exchange Web3 gaming technologies, network infrastructure, and operational strategies. Through a deep understanding of the Web3 market and thorough investment evaluations, their goal is to offer their users high-quality Web3 games.
Source: https://blockchainreporter.net/neowiz-partners-with-ava-labs-to-pave-the-way-for-web3-gaming/