Krafton Enters Into Long-Term Partnership With Blockchain Platform Solana Labs
Krafton has ed the parade of video game companies that have started to embrace TERA developer has signed a deal with Solana Labs to tly develop, design, and market blockchain games and services.
“Through this agreement, KRAFTON and Solana Labs are poised to build a long-term cooperative relationship for the development and operation of blockchain- and NFT-based games and services. The two companies will cooperate in the marketing and design of blockchain games and various blockchain technologies, as well as tly cooperate on investment opportunities.”
“KRAFTON will continuously see ways to work closely with blockchain companies like Solana Labs as we work toward establishing our Web 3.0 ecosystem,” said Krafton’s Web 3.0 Lead Hyungchul Park. “As one of the best global high-performance blockchain with strength in high speed and low fees, Solana represents the best of the Web 3.0 ecosystem and its technologies. Through this cooperation, KRAFTON will acquire the insight needed to accelerate its investment in and output of blockchain-based experiences.”
“We're excited by KRAFTON’s commitment to build the future of gaming on Solana,” said Solana Head of Games Business Development. “KRAFTON is an established innovator in the games industry and we are excited to be part of their next level up. We are seeing gamers increasingly seek out on-chain games and gaming companies who respond quickly to this demand will set themselves up well for ongoing success.”
The partnership is part of Krafton’s plans to expand its business opportunities this year into Web 3.0 and NFT. The company has also announced collaborations and investments in other NFT, blockchain, and metaverse companies including NAVER Z, XX Blue, and Seoul Auction Blue.