South Korean game developer Krafton behind the popular video game PlayerUnknown's Battlegrounds (or PUBG) has disclosed a new metaverse venture in collaboration with Naver Z.
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In a press release, the Korean game developer said the new metaverse platform dubbed "Migaloo" will feature a create-to-earn (C2E) system, allowing content creators to make money from digital items in the form of non-fungible tokens (NFTs). The both companies have put around $36.8 in the new venture, which will be based in North America.
The metaverse platform is set to be released later this year, although no release date was provided.
For PUBG's developers blockchain seems to be a promising technology as PUBG creator, Brendan Greene, earlier also revealed a new project called Artemis, which will be a metaverse game featuring NFTs.
In an interview with Nathan Brown for Hit Points, Greene said the developers want to create a new digital place where players could have "a lot of meaningful things to do." It is unclear if Artemis and Migaloo can co-exist together or they are meant to function as independent entities. No timeframe for Artemis' release has been announced so far.
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