PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects
metaverse

PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects

THELOGICALINDIAN - Krafton the ancestor aggregation of Bluehole developers of PUBG a accepted action royale bold that has becoming added than 300 actor in 2024 appear it will alter some of its activities against developing NFT and metaverserelated projects The aggregation says it has acquired disinterestedness in two companies Seoul Auction Blue and Xbyblue that will accredit Krafton to action nonfungible tokens NFTs accompanying to its bookish acreage IP The aggregation additionally partnered with Naver Z for this aforementioned purpose

Krafton Goes NFT

Krafton, the ancestor aggregation of Bluehole, developer of the broadly acknowledged PUBG game, which registered revenue of added than $300 actor aftermost year, is pivoting to attempt in the apple of metaverse and NFT projects. The aggregation announced on February 8th it had acquired disinterestedness in two companies: Seoul Auction Blue ($2.5 million) and Xbyblue ($4.1 million). Seoul Auction Blue is a aggregation that runs a collective art purchasing belvedere alleged Sotwo, and Xbyblue uses technology to defended and abbey agenda art IP to be offered in agenda markets.

Having partnered with these two companies, Krafton will be able to action NFT avatars and added articles based on its PUBG Battlegrounds franchise, which went free-to-play aftermost year. About this affiliation and the new focus, CH Kim, CEO of Krafton, stated:

In addition, the aggregation additionally revealed a third accord with Naver Z, aiming to body a collective Web3 and NFT-based platform. Naver Z owns Zepeto, a four-year-old belvedere that runs a metaverse-based activity acceptance players to acquaint through 3D avatars application aggrandized absoluteness technology. The still-unnamed metaverse acquaintance will be created application Naver Z’s technology and platform, and will advantage the acquaintance of Krafton to ability the assets of this world.

According to the columnist release, this development will additionally accommodate the achievability of users creating their own agreeable on the platform.

More Companies Are Taking NFTs Seriously

Krafton is the latest in a sea of AAA acceptable bold companies because including NFTs and the abstraction of metaverse in their business models. Ubisoft is additionally dabbling in the field, afresh signing a affiliation with The Sandbox to accompany one of its IPs, the Rabbids, to its metaverse. Grayscale, the agenda asset company, additionally issued a address aftermost November advertence that the metaverse was a $1 abundance opportunity.

What do you anticipate about Krafton pivoting to metaverse and NTF-related projects? Tell us in the comments area below.

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