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PUBG parent company Krafton will build the Web3 metaverse game platform Migaloo

author:A brief history of the metaverse
PUBG parent company Krafton will build the Web3 metaverse game platform Migaloo

Source丨A brief history of the metaverse

Author丨A Brief History of the Metaverse Editor: Eco

The Web3 meta-universe game platform jointly created by Krafton, the parent company of "PUBG", and Naver Z, the parent company of ZEPETO, is not lacking in technology, funds, and experience, and it is still worth looking forward to!

South Korean gaming giant Krafton is about to enter the Web3 and metaverse!

Krafton is the developer and publisher of PUBG, the world's most popular shooter.

According to reports, Krafton's planned Web3 metaverse gaming platform, tentatively named Migaloo, is expected to launch this year.

PUBG parent company Krafton will build the Web3 metaverse game platform Migaloo

According to sources, Krafton and South Korean augmented reality company Naver Z have created a joint venture in North America and invested $36.8 million in the development of Migaloo. Krafton will own 85 percent of the venture, while Naver Z will own the remaining 15 percent.

Krafton said Migaloo is an important part of its metaverse strategy and a key move to expand its global market presence. Migaloo will create synergies with its other games to provide users with a more diverse and in-depth experience.

So, what kind of metaverse gaming platform is Migaloo? At the moment, the specifics of this project are less clear, but based on the backgrounds and strengths of Krafton and Naver Z, we can make some reasonable guesses.

Migaloo is likely to tap into the large and loyal player base of Krafton's PUBG as an entrance or core content for Migaloo.

PUBG is a multiplayer online competitive shooter based on battle royale mode that has attracted more than 1 billion downloads and tens of millions of active users worldwide since its official release in 2017.

PUBG parent company Krafton will build the Web3 metaverse game platform Migaloo

PUBG not only has exciting gameplay, but also has a rich variety of customization options such as maps, weapons, vehicles, and costumes that players can choose and match according to their preferences and styles.

Migaloo combines PUBG with Web3 technology to give players ownership and scarcity of in-game items and characters through NFTs.

These assets are not only unique and scarce, but also cross-platform and cross-game interoperability. This means that users can take the assets they have acquired or created in Migaloo to other metaverse platforms or games that support NFT standards, and vice versa.

Moreover, Migaloo will also provide players with a more free, fair and valuable virtual world through decentralized autonomous organizations (DAOs) to engage players in aspects such as game rules and community governance.

PUBG parent company Krafton will build the Web3 metaverse game platform Migaloo

Another partner, Naver Z's cub ZEPETO, launched in 2018, is currently one of the largest metaverse social platforms in Asia, with more than 340 million registered users and 20 million monthly active activities at the end of last year.

ZEPETO will not only provide Migaloo with a huge traffic entrance, but also provide user experience reference in metaverse social, allowing Migaloo to take as few detours as possible in metaverse socialization.

It seems that the meta-universe game platform jointly created by Krafton and Naver Z is still quite worth looking forward to!

Solemnly declare: This article is the original of a brief history of the meta-universe, and unauthorized reprinting is prohibited! The content is for informational purposes only and does not constitute any investment advice. Any reader who makes an investment decision based on this is at his own risk.