Billion-dollar gaming firm Krafton pens business deal with Solana Labs

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

ICYMI: Billion-dollar gaming firm Krafton pens business deal with Solana Labs

Krafton, a South Korean firm that specializes in developing and distributing video games, announced Wednesday that it signed a business deal with Solana Labs, the team building the Solana blockchain.

Krafton and Solana Labs will collaborate on building games based on blockchain technology such as non-fungible tokens , in addition to jointly marketing, designing and investing in projects. “Through this cooperation, Krafton will acquire the insight needed to accelerate its investment in and output of blockchain-based experiences,” the firm’s head of web3 roundtable Hyungchul Park said in a statement.in revenue in 2021, the firm self-reported in February of this year. Of that total, a game distributed by Krafton called Player Unknown Battle Ground Mobile — a free-to-play battle royale-style game — earned the firm $1.18 billion in revenue.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines