Web2 adoption key to Metaverse success, Klaytn Foundation — KBW 2022
“Even though it's hard, adapting Web3 technologies to Web2 platforms could be a way to bring mass adoption,” says Klaytn Foundation director Sam Seo. Sam Seo, the director of metaverse-focused blockchain Klaytn Foundation believes widespread adoption of the Metaverse will be “easier” if Web2 companies integrate the tech with their products and services. Speaking to Cointelegraph during the Korea Blockchain Week (KBW) on Aug. 8, Seo suggested that Web3 Metaverse projects generally have issues attracting a mainstream audience, as normal people often have a hesitancy to use new technology....
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The 1inch Network has integrated its aggregation and limit order protocols to the burgeoning Klaytn blockchain mainnet. South Korea's most popular metaverse blockchain Klaytn is set to benefit from deeper liquidity and improved token swaps through a new partnership with decentralized finance (DeFi) protocol 1inch Network.Klaytn has enjoyed success in South Korea as the country continues to see prolific nonfungible token (NFT) and GameFi use. Klaytn is a product of tech behemoth Kakao, which commands a user base of some 52 million people that use its flagship KakaoTalk application and suite....
Nansen CEO Alex Svanevik said that while many chains will become ghost towns after the Merge, some will be able to find their own niches. Cointelegraph’s Brian Newar spoke with Alex Svanevik, the CEO of blockchain data firm Nansen at the Korea Blockchain Week (KBW) 2022 held in Seoul and discussed topics like the upcoming Ethereum (ETH) Merge and how it will affect other blockchains. According to Svanevik, the industry witnessed a spillover effect in the last bull run. He said that in trading nonfungible tokens (NFTs), newcomers in the blockchain space didn't want to pay hefty transaction....
The US-based Metaverse concert organizer Animal Concerts has partnered with South Korea’s Klaytn blockchain network to bring leading global music entertainment stars to the Metaverse. Metaverse concert organizer Animal Concerts has partnered with South Korean unicorn Kakao’s Klaytn network to increase its exposure to the Korean entertainment industry and facilitate Klaytn’s global expansion plans.The Jan. 10 announcement from Klaytn explains that the partnership between Klaytn and Animal Concerts is expected to help Klaytn increase the number of NFTs that are traded on the platform. Klaytn....
Klaytn, the metaverse-friendly blockchain, has just gained another sub-token. On July 25 Klaytn Lending Protocol, better known as KLAP, launched its governance token for users of the decentralized application (dApp). The move comes just two months since the KLAP platform went live and is part of its team’s efforts to decentralize the KLAP protocol. At […]
Kakao pushes its expansion plan to Singapore for Klaytn, its legacy blockchain platform, following its globalization quest. Reporting on Monday, The Korea Herald disclosed the city-state establishment of the Klaytn Foundation and Krust, the new blockchain-based entities by Kakao. Krust is a worldwide accelerator for the adoption of blockchain. On the other hand, the Klaytn Foundation is a charitable organization. According to its plan in Singapore, The Internet firm will utilize the two entities to facilitates a broad-based infiltration of its Klaytn blockchain project. In addition, the....