Miguel Cordon · · 1 min readGaming giant Netmarble to issue own crypto token
Netmarble, the South Korea-based gaming giant behind titles like Marvel Future Revolution, is set to issue its own crypto token to act as a key currency for its games, Forkast reported, citing Netmarble CEO Kwon Young-sik.
The development comes as the company looks to launch its own play-to-earn title, Everybody’s Marble: Metaworld, globally later this year. However, the game won’t be available in South Korea as local regulations bar the release of such games.
In the interview with Forkast, Kwon added that Netmarble is also looking to relist Itam Cube, the cryptocurrency of blockchain game developer Itam Games, on Upbit after the token was delisted from the exchange last year. Netmarble acquired Itam Games earlier this month.
Last year, Netmarble acquired Hong Kong-based casino game company SpinX Games in a deal worth US$2.2 billion. This allowed the South Korean firm to add the social casino genre to its library of games.
See also: Explaining Vietnam’s crypto boom
Editing by Lorenzo Kyle Subido
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