Invezz

KRAFTON and Solana improve blockchain gaming

KRAFTON and Solana improve blockchain gaming
Daniela Kirova
Mar 24, 2022, 02:38 AM
  • Agreement is for support of blockchain gaming design and marketing
  • KRAFTON and Solana Labs will also cooperate on investment opportunities
  • KRAFTON will use capacity acquired from PUBG: BATTLEGROUNDS to enter Web3 and NFT space

KRAFTON, Inc., who’s behind the wildly popular PUBG: BATTLEGROUNDS battle royale game, has signed an agreement with Solana Labs (SOL/USD) for support of blockchain gaming design and marketing, Invezz learned from a press release.

The choice of Solana

Solana is a top-performing and decentralized blockchain developed to enable scalable, user-friendly apps across the globe. It delivers scaling without compromising composability and security, allowing developers to build for the long term.

A single global state drives the reliable blockchain’s performance. It can process tens of thousands of smart contracts simultaneously through the innovative Proof of History protocol. This is a distributed clock that unlocks sub-second, low-latency finality across the global state.

Joint cooperation on investment opportunities

Through this partnership, KRAFTON and Solana Labs will cooperate on investment opportunities, creating a long-term relationship to develop and run NFT- and blockchain-based games and services.

Hyungchul Park, Lead of Web 3.0 Roundtable at KRAFTON, Inc. commented:

Johnny Lee, Head of Games Business Development at Solana Labs added:

Future plans

KRAFTON announced in February that it would enter the web 3.0 and NFT space based on the game operation and growth capacity acquired from the world-famous PUBG: BATTLEGROUNDS.

The company has announced partnerships and investments in other areas related to NFT, metaverse, and blockchain. Its partners include XX Blue, Seoul Auction Blue, and NAVER Z.