Krafton, developer of the popular videogame PUBG, said it had signed a deal with Solana Labs to jointly develop blockchain and NFT-based games and services. The developer said it intended to leverage its game building capabilities in the web3 space.
The move marks growing the growing popularity of blockchain and play-to-earn (P2E) games, which has attracted interest from established developers in the crypto and videogame space.
Solana is the ninth-largest blockchain in the world by market capital, at nearly $30 billion. The blockchain allows developers to build highly scalable applications- a trait cited by Krafton as one of the motivators behind today’s deal.
South Korea-based Krafton had shot to success in 2017 on its wildly popular PUBG game, which is credited with popularizing the “battle royale” genre. The game is currently free to play, and features collectable cosmetics- a feature that is complementary to NFTs.
Krafton no stranger to web3
Krafton’s deal with Solana comes
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