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Krafton’s Roblox-like video game is said to rely on generative artificial intelligence and be based on the game engine Unreal Engine 5. South Korea’s game developer Krafton, best known for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), is set to compete with Roblox with its new product, according to The Korea Economic
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Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E) experiences to build its own Web3
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“Krafton will continuously see ways to work closely with blockchain companies like Solana Labs as we work toward establishing our Web 3 ecosystem,” Hyungchul Park, lead of Krafton’s Web 3 division, said in a statement. “Solana represents the best of the Web 3.0 ecosystem and its technologies. Through this cooperation,
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In its first appearance in the market after raising $3.8 billion in its IPO, the shares of Krafton, Tencent-backed South Korean company behind blockbuster video game PlayerUnknown’s Battlegrounds (PUBG), dropped by as much as 20 percent. It later was trading at 13.5 percent lower at 10:48 a.m. in Seoul, thereby
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