Krafton, game developers and publishing makers based in South Korea, have been formed to the NFT room by investing $ 6.5 billion to several companies, announced.
The developer has invested $ 2.5 million into Seoul blue auction and $ 4.1 million to XByBlue.
Also, it also signed a memorandum of understanding (MoU) for its own NFFT projects.
Seoul Auction Blue is the biggest Auctioneer Affiliate of Korea, SEOUL auction, while Sotwo.
XBYBLUE is a subsidiary of Seoul Biru auction and operates a service called XXBLUE, “which secures and reduces intellectual properties (IP) from various digital content to offer limited digital art content to users”, said game developers.
In accordance with Krafton, Bluehole Studio, one of the game development studios, will lead the company’s initial collaboration with SEOUL Blue and XBYBLUE auctions.
The two companies will be responsible for “designing and promoting NFT products and managing IP Krafton.” The company plans to utilize server operations playing role (MMORPG) in Bergand Multiplayer from Krafton and the next generation graphics technology to create and sell NFT avatars that can be used in the future metaphevers, the company said in press releases.
CH Kim, CEO of Krafton, Inc., said, “Krafton has a rich history to develop exclusive technology, which is part of our NFT and Metaphevers development foundation.
Through partnerships with innovative companies such as Seoul Action Blue, we are sure we can combine Our research and our partner expertise to offer new experiences to be discovered by global and interesting users.
This is just the beginning because Krafton will announce additional details related to the collaboration with the Auction Auction Blue and XByBlue, as well as additional global partnerships that are positioned to expand our business at Future.
“The company said that he would distribute additional details about his investment in the blue auction Seoul and XByblue in the future.