The NetMarble Metaverse has been announced by South Korea’s largest mobile game development studios, NetMarble. They have also mentioned that they’ll start working on new games revolving around the NFT ecosystem.
About The NetMarble Metaverse and their future in NFTs
NetMarble confirmed via a press release that it will start focusing on new titles which revolve around elements of the blockchain. Their Chairman, Bang Jun-hyuck, stated: “We plan to develop metaverse games that allow users, either individuals or companies, to gain virtual assets that can be swapped for real assets such as currency through blockchain technology”
Their first development within cryptocurrency is the production of a sequel to their highly popular board game, Everyone’s Marble. The ‘Everyone’s Marble’ metaverse will let players buy, sell and trade land and buildings in a virtual version of Korea.
This move from NetMarble mainly stands out because South Korea lately said that games with crypto prizes of any form will be banned from app stores. This means that NetMarble will not be able to make any profits in its native country. So it will have to focus on other global markets. Fortunately for NetMarble, this should be no issue, as in 2021, 74% of the company’s income came from global sales.
NetMarble is a mobile games development company that originated in South Korea in 2000. The company was founded by Bang Jun-hyuck. Some of their largest games include ‘BTS WORLD’, ‘District 187: Sin Streets’, ‘Dragon Ball Online’ and ‘Marvel: Future Fight’. The firm is South Korea’s largest in the mobile game industry. They have over 3,000 employees in the country. What’s more, the company acquired just over 25% of Big Hit Entertainment, the agency of K-Pop group, BTS. Since 2015, they have had a deal with Disney which has seen them make many games within Star Wars, Marvel and Disney.