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Krafton Inks Blockchain Gaming Deal with Solana Labs

Krafton Inc., the creators of the popular Battlegrounds Mobile India (BGMI) game has inked a commercial agreement with Solana Labs, to collaborate on the development and sale of blockchain-based games and services.

Solana’s decentralized blockchain makes it possible to design apps that are both scalable and user-friendly for users all over the world, regardless of location.

The relationship between the two companies will include joint marketing and the development of blockchain games, as well as the possibility of joint investment.

As seen by this agreement, Krafton is committed to exploring new business opportunities in 2022 and beyond. Based on the success of PUBG Mobile, which has been embraced by gamers all over the world, the company recently announced that it intends to join the web 3.0 and NFT businesses.

Solana’s mission is to develop programs that are simple to use for people of all backgrounds. With PUBG’s engagement with the decentralized blockchain, developers will be able to easily create and distribute games and services that are based on blockchain technology.

Partnership outcomes

As a consequence of this long-term partnership, Krayton has committed to bringing in exciting commercial opportunities as well as significant investments this year.

According to John Lee, Head of Games Business Development at Solana Labs, Krafton is a well-established pioneer in the games industry, and they are happy to be a part of their next step forward.

Players are increasingly looking for on-chain games, and gaming firms that respond quickly to this demand will be in a better position to achieve long-term profitability.