Krafton will produce games and services based on the blockchain

Solana Labs has partnered with Krafton to develop and operate blockchain and NFT-based games and services.

After investing several million dollars in NFT and the Metaverse, surrounding themselves with Naver Z, Seoul Auction Blue and XBYBLUE, South Korean group Krafton (PUBG, TERA, The Callisto Protocol, Subnautica) announces a long-term partnership with Solana Labs to collaborate on game marketing and design through various blockchain technologies, as well as to facilitate the search for investment opportunities in the sector.

“We are constantly looking for new ways to work closely with blockchain enablers like Solana Labs,” said Huingchul Park, Web 3.0 Team Leader at Krafton. “As one of the best high-performance, high-speed, low-cost blockchains in the world, Solana represents the best of the Web 3.0 ecosystem and its technologies. Through this collaboration, Krafton will gain the knowledge needed to accelerate its investment in blockchain-based experimentation and production.”

Johnny Lee, Head of Gaming Business Development at Solana Labs, adds: “We are thrilled with Krafton’s commitment to building the future of gaming with our teams. Krafton is a recognized innovator in the video game industry and we’re thrilled to be part of their next step. We see that gamers are increasingly looking for online games, and gaming companies that are quick to respond to this demand are driving further success. ”

Solana, the most powerful blockchain in the world

Designed to build scalable and easy-to-use applications worldwide, Solana gives developers long-term confidence by offering predictable scalability without compromising security or composability. Solana’s performance is based on a unique technology capable of processing tens of thousands of smart contracts simultaneously thanks to Proof of History, a globally applicable low-latency, sub-second timestamping system.