South Korean Mobile Developer NHN Is Building Crypto Games on Sui

South Korean tech agency NHN is creating crypto video games and can use the Sui blockchain, NHN’s gaming division introduced Thursday.

NHN has beforehand developed social on line casino video games like Hangame Poker and cellular titles together with Crusader’s Quest and Weapons Up! Cell Conflict Technique. The corporate claims that its video games have over 37 million complete customers, in response to an announcement.

Now, the agency plans to develop digital board video games that leverage NFTs.

Whereas the agency has but to solidify precisely the way it will add NFTs or crypto tokens into upcoming video games, NHN’s Head of Enterprise Growth Jine Lee advised Decrypt through e-mail that the corporate is presently exploring ways in which players can ship objects to one another as NFTs, in addition to the potential for crypto token rewards.

Sui Is Constructed for Video games—This is Why Builders Are Bullish

When requested why NHN is creating blockchain video games, Lee mentioned that crypto-powered video games are a “paradigm shift.”

“The prevailing sport business has gone by way of a number of new paradigm shifts, from the period of sport copy gross sales to PC video games, console video games, and social video games—or from characteristic cellphone video games to smartphone video games,” Lee mentioned.

“We wish to create the perfect case in blockchain and video games, by combining the worth created by the contents of video games and the financial system of in-game foreign money with tokenomics,” Lee added.

Lee mentioned that NHN selected Sui for its upcoming NFT and crypto video games as a result of it needs to construct on a layer-1 blockchain—and Mysten Labs, the principle developer behind Sui, instantly understood NHN’s long-term imaginative and prescient for crypto gaming.

“What excites me about constructing with NHN is what we’re starting to check with as ‘stickiness’ for customers,” mentioned Mysten Labs CEO and co-founder Evan Cheng, in an announcement.

“It’s a code Web3, as an entire, has not managed to crack, with each day lively customers on the preferred chains barely topping 300K,” Cheng added. “At Mysten Labs, our mission is to deliver the advantages of Web3 to the lots, by the billions. Creating merchandise that really appeal to person quantity is our utmost precedence.”

NHN joins the rising variety of South Korean gaming companies which have embraced blockchain gaming, as studios like Krafton, Com2us, Wemade, Nexon, Neowiz, NCSoft, and OneUniverse are already constructing blockchain-powered video games.

In comparison with Western sport studios, Asia extra broadly is poised to ultimately make up 80% of the crypto gaming participant base, in response to a DappRadar and Pacific Meta research printed earlier this yr.