Crypto Gloom

Krafton x Circle Shape Monetization Gaming Hub ‘Overdare’

Today, leading stablecoin platform Circle announced a collaboration with ‘Overdare’, a mobile-only Metaverse project focused on NFTs, to integrate Web3 wallets into the game, allowing creators to earn USDC rewards.

Krafton, the visionary team behind the popular game ‘PlayerUnknown’s Battlegrounds (PUBG)’, plans to unveil this groundbreaking virtual hub by the second half of 2024.

With Circle, Overdare promises to revolutionize the creative landscape by seamlessly turning creativity into a revenue stream and providing powerful intellectual property management solutions.

“We believe this partnership will be a catalyst to shape the future of digital entertainment and ultimately create a transformative Web3 experience for everyone,” said Jeremy Allaire, CEO and co-founder of Circle. Recent X posts.

Overthere and Circle
Overthere and Circle Source: Krafton

The beginning of the next generation of mobile games

Overdare plans to transform mobile gaming with a Roblox-like platform powered by Unreal Engine 5, incorporating NFT revenue opportunities and allowing gamers to create content using AI tools.

Gamers will have the ability to create their own shooters, action RPGs, and more by leveraging Overdare’s unique Create-to-Earn model, with the ability to mint and trade in-game assets as NFTs within the game. market. Additionally, the ecosystem offers advanced communication and avatar customization features.

By operating the proprietary Settlus blockchain, built using the Cosmos SDK, Overdare will streamline in-game financial transactions and licensed content on the blockchain, opening up new revenue streams with the help of Circle.

In particular, Circle attracted attention recently by discontinuing USDC functionality on the TRON network, signaling its firm commitment to maintaining a rigorous risk management ethos.

By combining Circle’s cutting-edge financial technology with Krafton’s creative gaming expertise, Overdare is poised to transform the gaming industry, promising a fusion of creativity, technology and financial empowerment.

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