PUBG Creator to Launch NFT Metaverse Game This Year

Krafton, the studio behind the smash battle royale game PUBG, said that its metaverse gaming platform will launch in 2023.

Highlights

Krafton and augmented reality firm Naver Z have created a joint venture company based in North America and poured $36.8 million into Migaloo’s development.
Krafton will own an 85% stake in the venture, while Naver will hold the remaining 15% stake.
MigAloo is being developed by a AAA game studio and aims to offer a “create-to-earn” system in which users can create, buy, and sell in-game assets as NFTs.
Krafton’s PUBG: Battlegrounds currently sees a substantial 289 million monthly active players.
Final Fantasy creator Square Enix has announced its own Web3 game, while Japan-based Nexon is developing MapleStory Universe in Web3.

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