[ANN]Blueprint on Netmarble’s Blockchain Ecosystem — Part 1 (½)
“Readily Prepared”
Netmarble announced its blockchain business blueprint at the fifth NTP (Netmarble Together with Press) in January 2022. The confident delivery of ‘being prepared’ turned out to be well-founded. Since then, Netmarble has been pushing itself forward into blockchain exploration for the past months. Its thorough preparation is now presenting visible results.
“Go Fast, On Track”
Blockchain gaming has been a hot potato of the game industry for quite a long time. Many have presented specific blueprints or already achieved meaningful results by full-fledged business development.
What differentiates Netmarble from other competitors is its speed and direction. For about two months after the 5th NTP, at which Netmarble officially announced its blockchain business engagement, it unveiled various and specific issues, including its blockchain ecosystem, MBX. Notably, Netmarble’s blockchain business is strategically on track toward establishing a sustainable, multilateral, and reliable blockchain game ecosystem.
“IP-Empowered Blockchain Ecosystem”
Netmarble launched a proprietary blockchain ecosystem ‘MBX’ about a month after the 5th NTP. The ecosystem is focused on elevating the excitement of Netmarble games by incorporating blockchain technology. MBX token was unveiled last February, and it recently began servicing the ‘MARBLEX Wallet,’ which utilizes a Klaytn mainnet-based blockchain ecosystem.
Klaytn mainnet was first developed by Kakao subsidiary Ground X and transferred to another subsidiary Krust earlier this year. In addition to MBX, key calls from game companies that have entered the blockchain business, such as Wemade’s Wemix and Kakao’s Bora, are based on Klaytn mainnet.
The MBX ecosystem has been evolving swiftly since its first release. A3: STILL ALIVE added a new “Inetrion Dungeon”, where users can get “Inetrion Ore.” With further updates, users can exchange the ores for an in-game token called “INETRIUM” and will be able to convert it to MBX via MARBLEX Wallet through progressive updates.
Following A3: STILL ALIVE, ‘Ni no Kuni: Cross Worlds (Global)’, ‘Monster Arena,’ and ‘Everybody’s Marble: Meta World’ will progressively add the proprietary blockchain ecosystem. The strong IP power is expected to attract people to the relatively unfamiliar MBX ecosystem.
Netmarble’s initiative to vitalize the MBX ecosystem is not limited to its powerful IP. Gamers can make profits while enjoying games, and developers, publishers, and MBX service providers who create and provide games can also be rewarded through various activities.
According to the MBX White Paper, 1 billion MBX tokens will be issued, 75 percent of which will be used to revitalize its ecosystem and communities. It includes compensation for user staking, service improvement, technology development, etc. In the MBX ecosystem, users can be rewarded for their staking with MBX token funds, which the publishers set with tokens purchased in the market using partial game revenue.
The “Matching Reward Fund” is expected to establish a vitalized circulation of the ecosystem by successfully preserving the value of game tokens and MBX tokens.
In addition, MBX plans to burn 50% of fees generated from blockchain services to preserve the token value. The remaining 50% will be reserved in the growth fund and used to vitalize the ecosystem for the long-term.
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So far, we’ve briefly introduced Netmarble’s blockchain business strategy. The outstanding game development skills, abundant publishing experience, and know-hows are much anticipated to bring sufficient capabilities within the market.
One of Netmarble’s key weapons is a variety of powerful IP-based games. Netmarble will continue to raise its competitiveness within the industry by leveraging the ecosystem for the games. We will come back with a more interesting and informative MBX story, so please stay tuned.
[Find more about MBX]
Official Website: https://www.marblex.io/en
Facebook: https://www.facebook.com/MARBLEXplayground
Twitter: https://twitter.com/MARBLEXofficial
Medium: https://marblex.medium.com/
