Klaytn
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Klaytn

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

Global crypto adoption has exploded in recent years, increasing by more than 800% between 2020 to 2021. While the majority of the world has yet to purchase their first NFTs, major brands from fashion, tech, entertainment to gaming are recognizing the significance of the metaverse and taking their first steps into the nascent space.

Gaming titan, Netmarble, has released their 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 into the Metaverse. Asian NFT marketplace East NFT has onboarded popular LGBTQ content from Thai-based Y Series content production houses onto the Klaytn chain.

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

Speaking on the strategy to transform the Klaytn ecosystem, David Shin, Head of Global Adoption, explained, “We believe that the formation of Web3 will be a collaborative effort. And hence, rather than to build every tool needed by ourselves, we’re tapping into the strength of our allies, and hope to create a cohesive metaverse that will allow any companies, content creators and users to easily climb onboard.”

With that, Klaytn is thrilled to highlight key partners and collaborators of H1 2022 that will help to pave the way for interoperability, decentralization and smooth exchanges in the Klaytn metaverse.

About Klaytn Foundation

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

Interested to connect with Klaytn in-person? The team will be participating in the upcoming Consensus 2022 from 9–12 June at Austin, Texas. Connect with us to schedule a meetup in Austin.

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