PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games an...
Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E) experiences to build its own Web3 offerings. Krafton Chooses Solana to Build Its Web3 Games Krafton, one of the biggest Korean game development companies, has proceeded with yet another stage in its recent pivot to blockchain gaming. The creators of the successful multiplayer game PUBG have....
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The gaming company behind the smash hit PUBG Series will launch an “assault” into the NFT battlegrounds. The world’s leading video game publishers are experimenting with Web3 gaming, utilizing NFT assets and cryptocurrency-based ecosystems in the process. A well-known gaming company with a tremendously successful brand is developing blockchain-based games — specifically, on Solana. Krafton, […]
Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies, Seoul Auction Blue and Xbyblue, that will enable Krafton to offer non-fungible tokens (NFTs) related to its intellectual property (IP). The company also partnered with Naver Z for this same purpose.
Krafton Goes NFT
Krafton, the parent company of Bluehole, developer of the widely....
The team behind Cashio, a Solana-based dApp that was hacked last week, published a postmortem report on the attack. In one of the biggest hacks on this network, the bad actors managed to steal $50 million by exploiting a vulnerability on the dApp. Related Reading | PUBG Developer Krafton Joins Forces With Solana For Blockchain […]
Lightspeed Venture Partners and FTX led blockchain game developer Faraway’s $21-million funding round. While the Ethereum blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi.Founded by Scopely and Glu Mobile veterans, game developer and publisher Faraway announced that the studio has raised $21 million in a Series A funding round led by Lightspeed Venture Partners and major crypto exchange FTX. Along with the $8-million seed round, Faraway now has $30 million in total....
More paths open up for Web3 gaming as a $100 million investment fund is launched by the large blockchain venture firms Solana Ventures, Lightspeed Venture Partners, and FTX. A lot of enthusiasm surrounds the future of the GameFi industry as it grows exponentially. The fund aims to invest in “the intersection of blockchain and gaming”: technology companies, gaming studios that incorporate the Solana blockchain. Gaming could be a great gateway for Web3 to bring in “next billion users”, said one of the partners. The CEO of FTX Sam Bankman-Fried said in Tweeter that this partnership might....