ICYMI: Billion-dollar gaming firm Krafton pens business deal with Solana Labs
Krafton, a South Korean firm that specializes in developing and distributing video games, announced Wednesday that it signed a business deal with Solana Labs, the team building the Solana blockchain.
Krafton and Solana Labs will collaborate on building games based on blockchain technology such as non-fungible tokens , in addition to jointly marketing, designing and investing in projects. “Through this cooperation, Krafton will acquire the insight needed to accelerate its investment in and output of blockchain-based experiences,” the firm’s head of web3 roundtable Hyungchul Park said in a statement.in revenue in 2021, the firm self-reported in February of this year. Of that total, a game distributed by Krafton called Player Unknown Battle Ground Mobile — a free-to-play battle royale-style game — earned the firm $1.18 billion in revenue.
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