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Home›Japanese foundation›Klaytn lays foundation for Metaverse-as-a-Service with key infrastructure partners

Klaytn lays foundation for Metaverse-as-a-Service with key infrastructure partners

By Jane R. Chase
June 9, 2022
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Gaming titan Netmarble released its first Play-to-Earn games on Klaytn this year – A3: Still Alive and Ni No Kuni: Cross Worlds. Fashion brands such as Gucci, Burberry, Balenciaga, and Prada have all launched their own NFT collections, and companies like ALTAVA Group are focused on bringing high fashion to the Metaverse. Asian market NFT East NFT has integrated popular LGBTQ content from Thailand-based Y-series content production houses on the Klaytn channel.

Aligning with its vision to be the bridge connecting Web2 to Web3, the Klaytn Foundation continues to forge key strategic strategies partnerships and collaborations for a Metaverse-as-a-Service model, which will allow web2 companies, game publishers, content creators, and other users to seamlessly “connect” to the metaverse.

speaking on The strategy transform the ecosystem of Klaytn, David ShinHead of Global Adoption, explained, “We believe the formation of Web3 will be a collaborative effort. And so, rather than building all the necessary tools on our own, we are drawing on the strength of our allies and hoping create a cohesive metaverse that will make it easy for all businesses, content creators, and users to get on board.”

With this, Klaytn is delighted to highlight the key partners and collaborators of H1 2022 which will help pave the way for interoperability, decentralization and fluidity of exchanges in the Klaytn metaverse.

  1. Parity technologies
    Parity Technologies is a Web3 software development company that created the Substrate SDK, used to develop the Klaytn-Substrate – a sidechain linked to Polkadot and Klaytn Mainnet. The Klaytn-Substrate will act as an intermediary environment, where collaborative technology, business and community initiatives can combine in interesting and synergistic ways. It acts as a “network canary” to safely, efficiently, and quickly capture new use cases, new technologies, and provide the community with more options to build great things within the Klaytn ecosystem. [Read more]
  2. Adgorithmic
    Adgorithmic, a SingaporeThe AI-powered e-commerce advertising platform recently launched an innovative NFT-based customer loyalty and incentive program called MetaGacha. For every purchase, customers can receive a MetaGacha NFT which can serve as a membership card for exclusive offers, or be used to redeem vouchers or promotions. Sales agents can also receive NFT for each transaction. This can help online merchants expand their reach and increase sales, while delivering substantial value to customers and agents in the form of NFTs. [Read more]
  3. Smart Token Labs
    Smart Token Labs is an Australian blockchain company that has built two very successful open source products. AlphaWallet is the world’s first 100% open source blockchain and wallet application platform. TokenScript combines the logic of tokens and smart contracts in a standardized interface, creating “Token Layer” functionality that can be deployed in wallets and on websites. The technology creates a pathway to smart token composability and addresses trust, interoperability, security, and interface issues faced with current token transactions. [AlphaWallet; TokenScript]
  4. Soramitsu
    Soramitsu is a Japanese financial technology company specializing in the development of blockchain-based solutions for digital asset and identity management. They are the developer and main contributor of the open source blockchain platform Hyperledger Iroha, digital currency of the National Bank of Cambodiaa closed-loop payment system for Aizu University in Japana prototype identity verification system for Bank Central Asia in Indonesia, and much more. The team is ready to work on implementing the first open-source DEX on Klaytn. [Read more]
  5. Blockchain-Based Service Network (BSN)
    Klaytn will establish an Open Permissioned Blockchain (OPB), the Chongqing Chain, on the Blockchain-based Service Network (BSN), a multi-chain public infrastructure network that aims to be the standard for all blockchain deployments. Thanks to the development of the Chongqing channel, it would be possible for Klaytn developers to connect to the China blockchain network, providing entry into the massive China market, and vice versa for Chinese developers looking to go global. [Read more]

About Klaytn Foundation

The Klaytn Foundation is a non-profit organization that was created to accelerate global adoption and ecosystem maturity on Klaytn. The foundation manages $500 million Klaytn Growth Fund and operates alongside Krust, the holding company for all overseas businesses of internet giant Kakao Corp.

For media inquiries or collaborative partnership opportunities, please contact:

Aaron Ko
Marketing Manager, Klaytn Foundation
E-mail: [email protected]

SOURCE Klaytn Foundation

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