Krafton, creator of the game PlayerUnknown’s Battlegrounds (PUBG), announced a partnership with the cryptocurrency Solana (SOL) this Wednesday (23). The purpose of said association is to explore blockchain-based games and services, also called web 3.
At its peak, PUBG reached 3.2 million monthly players, making it one of the biggest titles in the industry of all time. In addition, its mobile version has already exceeded 1,000 million downloads.
Due to this success, their entry into the sector may bring it to life, after all, amidst the hype of the metaverse and playing to win, it’s hard to find games that focus on fun and not money.
PUBG on the blockchain?
While the announcement doesn’t reveal what Krafton’s plans are, it’s notable that PUBG already works with skins (custom clothing and weapons) in its games, both on mobile, desktop, and console versions. In this way, the first thing that is thought is that such skins could be transformed into NFTs, allowing negotiations between players, as well as their use in the form of rewards.
However, the company is also known for developing other games. Therefore, it may be that this alliance initiates the emergence of another classic, in addition to giving it an advantage in the sector, through the creation of services, for being a pioneer.
According to Hyungchul Park, head of web sector 3 at KRAFTON, he stated that the choice of Solana is related to the high performance of the cryptocurrency. As a highlight, he mentioned low transaction fees and high transaction speed.
“KRAFTON will continually look for ways to work closely with blockchain companies like Solana Labs as we work to establish our web3 ecosystem”
Solana shows potential among smart coins
Johnny Lee, Head of Game Business Development at Solana Labs, was excited about partnering with developer company PUBG. He claims that games using blockchain are already trending and that Krafton’s entry shows how fast the industry is responding to this demand.
Finally, this is a big win for Solana (SOL), after all, the competition from the cryptocurrency sector targeting smart contracts is great. In addition to Ethereum (ETH), migrating to Proof of Stake (PoS), other coins like Cardano (ADA) and Avalanche (AVAX) are major competitors.
At this moment, each SOL is trading at 101 dollars after an increase of 8% this Thursday (24). Furthermore, today Solana is the ninth largest cryptocurrency in the market with a capitalization of US$35,970,111,973.