The South Korean gaming giant, Krafton, Inc. who is the developer of the world-famous PUBG: Battlegrounds (originally known as PlayerUnknown’s Battlegrounds) and the game PUBG: New State video games has announced that they are joining forces with one of the biggest crypto Blockchain brands, Solana (Sol) as of this Wednesday to enter the realm of Blockchain-based games.

What can we expect from this collaboration?

It is pretty clear after the announcement that Krafton, Inc. is pretty much-intrigued with the concept of Web3 gaming, NFT assets and especially into the cryptocurrency-based ecosystems for gaming.

In a press release by Krafton, Inc’s., Web 3 lead, Hyung Chul Park stated:

Solana embodies the best characteristics of the Web 3.0 ecosystem and its technology. Krafton will gain the insight necessary to fast-track its investment in and production of blockchain-based experiences as a result of our collaboration.

In simple words, it seems that the South Korean gaming giant Krafton, Inc. is planning to introduce a crypto-based Play-to-Earn Model (P2E) in their games soon, where players would be able to trade, utilise or even earn crypto-based rewards within the game ecosystem all based on the Solana ecosystem.

Solana Labs’ head of games business development, Johnny Lee added that:

Krafton is an established innovator in the gaming sector, and we’re thrilled to be a part of their next level up.

It is even rumoured that the PUBG franchise itself would be getting a metaverse makeover. For example, Kraftton, Inc. may be thinking about incorporating interactive digital avatars, crypto-based in-game payments and other futuristic metaverse concepts into their already existing PUBG franchise video games.

There is another rumour going around that this collaboration is based on an MOU (Memorandum Of Understanding) which simply means that both the brands are not legally bound in any way and so, at any moment any one of them can terminate their partnership with one another without facing any legal consequences if they find that the whole thing isn’t working out for them.

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I am an avid tech lover. I mainly write articles on technology & crypto-related topics.