SNEAK PEEK
- On March 23, the firm signed a deal to Solana Labs.
- Solana will be collaborating with the gaming developer. Together, they will create games that are based on Blockchain technology such as nonfungible tokens (NFTs).
- Krafton shared a press statement that stated that the firm would continue to work closely with blockchain companies.
South Korean firm Krafton is a specialist in the development and distribution of video games. It is also responsible for PlayerUnknown’s Battlegrounds (popularly called PUBG)). On March 23, the firm signed a deal with Solana Labs, which is the team that built the Solana blockchain.
Solana has the best performing blockchain in the world.. Developers can build for the long-term with confidence because it delivers predictable scaling without compromising security and composability. One global state can simultaneously process thousands of smart contracts at once, allowing Solana to achieve her performance. Proof of History is a distributed clock that unlocks sub-second latency across the global state.
Solana will be collaborating with the gaming developer. Together, they will create games that are based on Blockchain technology such as non-fungible tokens (NFTs). They will also work together to market, design, and invest in projects.
Krafton shared a press statement that stated that the firm would continue to work closely with blockchain companies such as Solana Labs in their efforts towards establishing their Web 3 ecosystem. Hyungchul Park is the leader of Krafton’s Web 3 Division.
According to February data, Krafton’s revenues for the last year were close to $1.57 trillion. Interestingly, the company’s free-to-play battle game PUBG Mobile generated $1.18 billion. PUBG has been downloaded more than 70,000 times.
PUBG is a popular game on Steam and has been downloaded over 70,000 times. This game is second in battle-royale popularity, behind Epic Games’ Fortnite.
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