PUBG Creator Krafton Unveils New NFT Game Overdare - NFT News Today

NFT News Today
NFT News Today

18 Sep 2023 3:22 AM

Krafton announces Overdare, a new NFT-integrated metaverse game. Discover the vision, collaborations, and challenges behind this ambitious venture....

  • South Korean gaming giant Krafton is entering the NFT-integrated metaverse gaming landscape with its latest initiative, Overdare.
  • Overdare, formerly known as "Project Migaloo," is set to debut in December 2023, with a full launch planned between January and July 2024.
  • Krafton has developed an exclusive blockchain system called Settlus for Overdare, which will be available on mobile and powered by Epic Games' Unreal Engine 5.
  • Overdare will allow creators to use generative AI instruments to develop various game categories and enable users to customize avatars and engage in simulated interactions.
  • Krafton holds an 85% stake in Overdare, while Naver Z, a company specializing in augmented reality technology, holds a 15% stake.
  • Overdare will feature a "create-to-earn" economic model, allowing players to exchange virtual in-game assets as NFTs and potentially earn returns in Coinbase and Circle's USDC stablecoin via the Settlus blockchain.
  • Krafton is aware of challenges such as changing token prices and is actively working to address them to ensure a successful and enjoyable experience for Overdare users.

The overall sentiment of the article is positive, highlighting Krafton's entry into the NFT-integrated metaverse gaming landscape with Overdare. It also acknowledges the challenges associated with combining NFTs and blockchain in gaming but emphasizes Krafton's efforts to address them.

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You May Ask

What is Krafton's latest gaming initiative?When is Overdare expected to debut and launch?What is the exclusive blockchain system developed by Krafton for Overdare?How will Overdare allow creators to develop games and users to customize avatars?What is the economic model of Overdare, and how can players earn returns?Note: The input article does not provide information to answer the fifth question, but it can be inferred that players can potentially earn returns through the exchange of virtual in-game assets as NFTs using the Settlus blockchain.

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