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Kakao partners with American gaming studio Mythical to expand play-to-earn gaming in APAC

KoreaGameDesk Team by KoreaGameDesk Team
June 21, 2022
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Kakao partners with American gaming studio Mythical to expand play-to-earn gaming in APAC
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Mythical Games, an American gaming studio developing next-generation blockchain games, has partnered with Kakao Games, the leading South Korean online and mobile game publisher with titles like PUBG. Mythical will be a part of the governance council at Kakao Games’ blockchain and layer 2 ecosystems BORA as both entities continue to expand the growth of play-to-earn gaming in Asia.

“We are thrilled to be joining the BORA node validator and governance committee. We see BORA not only as a next-generation blockchain but also as a leader in bringing entertainment to Web3 in Korea – giving them a unique edge that no other protocol has. With Mythical’s expansion into Seoul earlier this year, we are keen to align with regional leaders strategically,” said Rudy Koch, Co-Founder at Mythical Games.

METABORA is an associate of Kakao Games and the parent company of BORANETWORK, focused on game development and blockchain-based gaming ecosystems. Friends Game, a subsidiary of Kakao, was rechristened as Meta Bora to revamp the network of companies supporting its Bora cryptocurrency.

The BORANETWORK is a partnership of 20 companies under the Bora Governance Council. METABORA is growing its platform beyond traditional gaming to focus on developing blockchain technology and the Metaverse. Its portfolio includes mobile games such as ‘Friends Popcorn,’ ‘Friends Town,’ and ‘Friends Shot’ based on Kakao Friends intellectual property (IP).

BORANETWORK CBO Young-joon Lim said, “We’re thrilled to be working with Mythical Games and welcome their onboarding on BORA. Mythical Games is a pioneer and visionary in Web3 building ‘play and own’ game economies,” and added, “We will explore cross-promotion opportunities and potential collaborations to create synergy between each platform.”

Moving forward, Mythical will integrate and support the BORANETWORK – an affiliate of Kakao Games and its proprietary blockchain and layer 2 ecosystem – as both entities continue their expansion in Asia, both parties said in a statement.

Mythical is creating a Web3 gaming ecosystem by leveraging blockchain technology and playable NFTs for tools that enable players, creators, artists, brands, and game developers to become stakeholders and owners in new “play and own” game economies.

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Tags: gaminggaming industryKakaoMATAmetaverseNFT
KoreaGameDesk Team

KoreaGameDesk Team

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