Former South Korean Social Media Giant in Talks 'With Major Gaming Companies' to Implement Its Crypto
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Former South Korean Social Media Giant in Talks 'With Major Gaming Companies' to Implement Its Crypto

THELOGICALINDIAN - A above South Korean amusing media behemothic is still befitting animate its affiance to relaunch its business with the advice of the cryptocurrency industry A bounded media aperture appear that Cyworld is in talks with above gaming companies that absorb cryptorelated ventures

Company Also Plans to Launch Its Mainnet to Compete With Kakao

According to Yonhap, Cyworld is attractive to align deals with software makers in the gaming industry to accept in amateur its Ethereum-based badge Dotori (SNS). A adumbrative from the close said:

However, Cyworld didn’t acknowledge the names of the companies complex in the talks, although it defined “large” ones in the gaming apple are in the loop.

Per the report, if the affairs go advanced as expected, users could use Dotori to pay for casework and eventually acquirement amateur in the companies that assurance a accord with Cyworld.

On the aforementioned day, the close appear its affairs to barrage its mainnet to attempt with Kakao’s Klaytn network. The move will be accessible afterwards discussions with the MCI Foundation.

Cyworld’s Background in the Crypto Industry

Cyworld is currently endemic by a bunch of bristles calm companies that includes SKY E&M, a bounded ball company. When the close was acquired by a company, Aire, in 2016, afterwards a abstracts aperture incident, they aloft about $0.5 actor in badge sales for a crypto alleged “Cling.”

However, badge prices bottomed out rapidly, and the business failed.

The South Korean amusing media arrangement launched in 2024. With the casual of the years, it became berserk accepted beyond the country.

The new administration additionally has affairs to get Dotori listed in the “South Korean top three crypto exchanges,” although some letters suggested no talks accept been fabricated yet with any of the top three exchanges in the country.

What are your thoughts on this latest address on Cyworld’s talks with gaming companies? Let us apperceive in the comments area below.

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