Do Kwon expressed: Summoner’s War (50M+ downloads on Android alone) and other blockbuster IP by public gaming company Gameville is coming to Terra money.
Play to earn is an inflection point in gaming history, and Terra money provides unique infrastructure for players to earn in stablecoins pegged to their national currencies for global games.
The press release read thus: “GAMEVIL COM2US Platform (CEO: Jae Joon Song), a subsidiary of GAMEVIL (CEO: Yong Kuk Lee), has announced that the company has formed a Memorandum of Understanding (MOU) with Terraform Labs Korea (CEO: Do Kwon) to establish a blockchain ecosystem.”
The MOU clarifies that both companies plan to operate ‘Project C2X (tentative name)’ to issue C2X Tokens to create a blockchain ecosystem.
Terraform Labs have already proven their technology in the global market to run a top level blockchain.
Therefore, with technical support from the Terra blockchain network and strategic partnership, both the companies will expand their domains.
GAMEVIL and COM2US will accelerate issuing the group’s own token (C2X, tentative) as well as accelerate plans to develop blockchain games and the NFT market.
During the next quarter, GAMEVIL and Com2uS will showcase internally developed blockchain games like Summoners War: Chronicles, a MMORPG based on global hit Summoners War intellectual property and their collection RPG, Chromatic Souls: AFK Raid, as well as a new titles from third party developers utilizing Hive.
The NFT marketplace is expected to open in the first quarter of 2022. It will be built on the Terra blockchain network. The Terra blockchain at present powers different NFT marketplaces.
Recently, One NFT from their collection called Galactic Punks, was sold at nearly $850,000
Beginning with videos, photo shoots, and fan arts of K-Pop artists, GAMEVIL COM2US group’s NFT marketplace are focusing to expand its domain with globally popular K-content such as TV shows, movies, and games, and more.
Community Reaction: It would be awesome if you contacted the top 100 game studios in the world, and suggested them to implement a P2E system that is behind their own token or NFT economy based on UST and convertible to UST, that would burn a ton of LUNA.
Earning stables pegged to one’s national currency seems very important for adoption seems easier persuading normies that “play to earn” doesn’t earn you “fake money” terra doesn’t stop getting stronger.
This is exactly it, what we have been waiting for, Play to earn on your mobile. Now the gameplay just needs to be good enough for continued use.
So, will this increase the burn rate of LUNA?
We need gaming on TERRA. It is the future.
Steven is a technology-focused writer with a strong interest in emerging digital trends and innovation. With experience spanning both travel and online projects, he brings a global perspective to his reporting and analysis. His work reflects a practical understanding of how technology, markets, and digital platforms intersect, offering readers clear insights into developments shaping the modern tech and crypto landscape.
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